International Financial Reporting Standards (IFRS) are well established as the global accounting standards for all business sectors. IFRS are being implemented in every industry and large organisations. The challenge is to stay updated with the changes and new standards that are being released on a regular basis. Therefore, learning to apply these standards properly is no more a luxury but a necessity for every accountant, auditor, financial analyst and finance professional.
The financial reporting environment is complex and in a state of perpetual change, which can place a heavy burden on businesses to comply with the reporting requirements. A big challenge facing businesses is ensuring that the right people within the organisation understand the relevant accounting requirements in order to achieve compliance with the accounting standards.
The Basic/Advance IFRS programme is designed to address these issues.
By attending the programme, the participant will gain:
an understanding of the key concepts of various IFRS/Ind AS, including the disclosure requirements
an understanding of the key updates to the standards
an understanding of the complex accounting issues, e.g. lease accounting, revenue from contracts with customers.
experience in the formation of professional judgement on the practical application of IFRS
an overview of the key differences between IFRS and Ind AS.
detailed information on how to successfully implement IFRS/Ind AS in your organisation
CFOs, finance heads, controllers, and middle level accounts and finance professionals.
It’s an instructor led 24 - 40 hours program.
IFRS/Ind AS standards relevant for your organisation. Customised curriculum