IFRS Financial Reporting Course is going to cover a lot of the International Accounting Standards (IAS) &  International Financial Reporting Standards (IFRS). The program includes strength stage business presentation of the conceptual framework of different IFRS and IAS standards. It provides unbiased recognition requirements, measurement bases, disclosures and so on of all the particular IFRSs.It and IASs help in gain comprehension of global accounting requirements plus the practical use of theirs in the planning of financial statements as Statement of Financial Position, Income Statement, additional extensive cash flow, Statement of Equity and so on.

Program Objectives:

• The objective of common purpose of financial reporting.

• Understanding the Financial claims • Recognition requirements for liabilities and assets.

• Understanding the concepts and ideas of accrual foundation for accounting as well as the going concern assumption.

• The principle of capital as well as capital maintenance

• Objectives, Measurement bases, recognition, disclosures of various IAS and IFRS standards

Program Content

Introduction

IFRS Conceptual Framework and Bodies associated, IAS 1, IAS 8

Cash flow Standards

• IAS eighteen Revenue

• IAS eleven Construction Contracts

Property Standards

• IAS two - Inventories

• IAS 16 Property, and Plant Equipment

• IAS twenty Government Grants

• IAS twenty-three Borrowing Costs,

• IAS seventeen Leases

• IAS 38 Intangible Assets

• IAS 40 Investment Property

• IAS forty-one Agriculture,

• IAS thirty-six Impairment of Assets,

• IFRS six Evaluation and Exploration

Debts Standards

• IAS thirty-seven Provisions, Contingent Liabilities & Assets

• IAS 19 Employee Benefits

• IFRS two Share-based Payment

• IAS twelve Income taxes, IAS thirty-two Financial Instruments

• IAS thirty-nine, IFRS 7,

• IFRS nine (Financial Instruments)

Some other Standards

• IAS 21- Effects within modifications in Foreign Exchange,

• IFRS three: Business Combination

• IFRS eleven Joint Arrangements,

• IFRS twelve Disclosures

• IFRS thirteen Fair Value Measurement

Disclosures Standards

• IAS 33Earning a Share

• IFRS eight: Operating Segments

• IFRS five Noncurrent Assets Held on the market and Discontinued

• IAS ten Events immediately after the Reporting Period

• IAS twenty-four Related Party Disclosure

• IAS thirty-four Interim Reporting

• IFRS one: First-time Adoption of IFRS