INTRODUCTION

The International Accounting Standards (IAS) and International Financial Reporting Standards will be covered in this course (IFRS). The IAS and IFRS frameworks will be the course's primary focus. The course seeks to give students a thorough understanding of international accounting standards.

COURSE OBJECTIVES

Understand the purpose of financial reporting, financial statements, and the standards for recognizing assets and liabilities.

Understanding the fundamentals of accrual basis accounting. T

The idea of capital, and capital maintenance,

Understand the recognition, measurement bases, and disclosures of various IFRS and IAS standards

DUTRATION

5 Days

WHO SHOULD ATTEND

The financial directors, financial managers, procurement directors, administrators, procurement managers, budget accountants, auditors, credit controllers, and chief accountants are the intended audience for the course.

COURSE OUTLINE

Introduction

• IFRS conceptual framework and associated bodies, IAS 1, IAS 8

Income standards

• IAS 18 Revenue
• IAS 11 Construction contracts

Asset Standards

• IAS 2 – Inventories
• IAS 16 – Property, Plant and Equipment
• IAS 20 – Government Grants
• IAS 23 – Borrowing Costs
• IAS 17 Leases
• IAS 38 – Intangible assets
• IAS 40 – Investment Property
• IAS 41 – Agriculture
• IAS 36 – Asset Impairment
• IFRS 6 – Exploration and evaluation

Liabilities Standards

• IAS 37 Assets, Provisions & Contingent liabilities
• IAS 19 Benefits to employees
• IFRS 2 Share –based payment
• IAS 12 Income taxes, IAS 32 Financial instruments
• IAS 39, IFRS 7
• IFRS 9 (Financial Instruments)

Other Standards

• IAS 21 Effects of foreign exchange changes
• IFRS 3 Business combination
• IFRS 11 Joint arrangements
• IFRS 12 Disclosures
• IFRS 13 Fair Value Measurement

Disclosure Standards

• IAS 33 Per share earning
• IFRS 8 Operating segments
• IFRS 5 Non-current assets held for discontinuation and sale
• IAS 10 Reporting period after events
• IAS 24 Party disclosure
• IAS 34 Reporting by interim
• IFRS 1 Adoption of IFRS for the first time

GENERAL NOTES

• Our seasoned instructors, who have years of experience as seasoned professionals in their respective fields of work, will be teaching this course. A combination of practical exercises, theory, group projects, and case studies are used to teach the course.
• The participants receive training manuals and supplementary reading materials.
• Participants who complete this course successfully will receive a certificate.
• We can also create a course specifically for your organization to match your needs. To learn more, get in touch with us at training@dealsontrainers.org.
• The training will take place at DEALSON TRAINERS IN NAIROBI, KENYA in Nairobi, Kenya.
• The training fee includes lunch, course materials, and lodging for the training session. Upon request, we may arrange for our participants' lodging and transportation to the airport.
• Payment must be made to our bank account before the training begins, and documentation of payment should be emailed to training@dealsontrainers.org