IFRS
Specialization | 30 Course Series | 5 Mock Tests

Welcome to this comprehensive program on International Financial Reporting Standards (IFRS). The course provides an in-depth examination of IFRS concepts, principles, and their practical application in the global financial environment. IFRS remains the leading framework for transparent, comparable, and reliable financial reporting worldwide. Proficiency in these standards is essential for professionals in accounting, finance, auditing, and related fields.

This training guides learners through a structured curriculum covering key IFRS standards. Topics range from first-time adoption to advanced areas such as business combinations, fair value measurement, and share-based payments, with each section designed to build both conceptual understanding and practical skills. This course offers an engaging learning experience for both experienced professionals and students beginning their careers. Through conceptual discussions, practical examples, and Excel-based demonstrations, learners will gain the confidence to interpret and apply IFRS principles in real-world financial reporting.

Join this program to deepen your understanding of IFRS and develop the expertise needed to navigate international reporting standards with clarity and precision.

Section 1: IFRS 1: Time Adoption of IFRS

This section introduces learners to the procedures and implications surrounding the initial adoption of IFRS. It explains the framework, classifications, objectives, exemptions, and necessary reporting and disclosure requirements, supported by Excel-based illustrations.

Section 2: IFRS 2: Share-Based Payment

Learners explore the accounting treatment for share-based payment arrangements, including valuation methods, equity-settled and cash-settled transactions, and related disclosure requirements. Practical examples using Excel reinforce key concepts.

Section 3: IFRS 3: Business Combinations

This section examines the principles governing business combinations under IFRS 3. It covers definitions, recognition and measurement rules, non-controlling interests, goodwill, and required disclosures, accompanied by detailed examples.

Section 4: IFRS 4: Insurance Contracts

Students gain insight into the accounting treatment of insurance contracts. Topics include initial and subsequent measurements, contract modifications, and disclosure obligations, with Excel demonstrations to enhance clarity.

Section 5: IFRS 5: Non-Current Assets and Discontinued Operations

This section focuses on the classification, measurement, and disclosure requirements for assets held for sale and discontinued operations. Lectures are complemented by Excel presentations that guide learners through practical scenarios.

Section 6: IFRS 6: Exploration for and Evaluation of Mineral Resources

Learners examine the accounting practices for exploration and evaluation of mineral resources. The content includes definitions, impairment considerations, presentation rules, and disclosure requirements, with Excel examples illustrating depreciation and revaluation.

Section 7: IFRS 7: Financial Instruments – Disclosures

This section outlines the disclosure principles related to financial instruments. It covers objectives, qualitative and quantitative disclosures, and examples of required reporting, supported by Excel-based illustrations.

Section 8: IFRS 8: Operating Segments

Students explore the reporting of operating segments, including scope, identification methods, segment disclosures, and reconciliation requirements. Excel examples help deepen understanding of segment reporting principles.

Section 9: IFRS 9: Consolidated Financial Statements

This section explains the fundamentals of consolidation under IFRS 10. Learners examine the consolidation model, exceptions, and practical examples demonstrating the preparation of consolidated financial statements.

Section 10: IFRS 10: Joint Arrangements

Learners study the classification and accounting treatment of joint arrangements. Topics cover joint control assessment, types of arrangements, financial statement presentation, and Excel-supported examples.

Section 11: IFRS 11: Disclosure of Interests in Other Entities

This section details the disclosure obligations for subsidiaries, joint arrangements, associates, and structured entities. Excel examples illustrate the required reporting elements.

Section 12: IFRS 12: Fair Value Measurement

Students gain a thorough understanding of fair value measurement principles, including valuation approaches, initial recognition, and disclosure requirements. Excel demonstrations guide learners through calculation and measurement examples.

Section 13: IFRS 13: Regulatory Deferral Accounts

The course concludes with a review of regulatory deferral accounts under IFRS 14. Learners explore their recognition, measurement, presentation, and disclosure rules, supported by practical Excel examples.

• A solid grasp of core accounting principles is essential for engaging with the course’s advanced concepts.
• Familiarity with financial reporting practices and standards will enable learners to interpret IFRS requirements more effectively.
• Basic proficiency in Microsoft Excel is recommended, since several lessons include practical demonstrations and spreadsheet-based examples.
• Fundamental financial analysis skills are helpful for evaluating financial statements and understanding the effects of IFRS implementation.
• Completing an introductory accounting or financial reporting course provides a strong foundation for addressing the program’s more complex topics.

• Accounting professionals, including practicing accountants, auditors, financial analysts, and related specialists, are seeking to enhance their IFRS expertise and stay current with reporting requirements.
• Finance executives, including controllers, finance managers, and CFOs, are responsible for overseeing the financial reporting function and ensuring compliance with regulatory requirements.
• Undergraduate and postgraduate students in accounting or finance programs seeking a deeper understanding of IFRS concepts and their practical applications.
• Organizations offering training and upskilling for finance and accounting teams to ensure IFRS compliance and reporting accuracy.
• Financial advisors, consultants, and trainers seeking to expand their IFRS knowledge to better support clients and learners.