Certify offers a broad introduction to the field of International Financial Reporting and International Financial Reporting Standards. It traces the history of the International Accounting Standards Board (IASB) from its early roots through to recent changes and updates and future developments.
This financial reporting course offers a broad introduction to the field of International Financial Reporting and International Financial Reporting Standards (IFRS). It traces the history of the International Accounting Standards Board (IASB) from its early roots through to recent changes and updates and future developments.
The qualification is structured in an accessible and user-friendly way that underlines key information and provides useful summaries. It examines and breaks down specific standards topic-by-topic. There are case studies, which are based on real-life examples, and many exercises, multiple-choice questions and sample answers for you to test your knowledge as you progress through the course.
Career Scope:-
This qualification is ideal for professional accountants or auditors. If you have employees with experience, but no formal qualifications in accounting and auditing, they may still be able to apply for this certificate.
The qualification is structured in an accessible and user-friendly way that underlines key information and provides useful summaries. It examines and breaks down specific standards topic-by-topic. There are case studies, which are based on real-life examples, and many exercises, multiple-choice questions and sample answers for trainees to test their knowledge as they progress through the course.
Who is it for ?
Our e-learning course is an introduction to International Financial Reporting Standards (IFRS). Nationally qualified accountants and auditors can now update their skills to meet the challenges involved in adopting and implementing IFRS in their workplace. An educational or vocational background in financial reporting is recommended before starting the Cert IFR.
This course also benefits ACCA members who gained their qualification prior to the introduction of IFRS. For ACCA members whose qualifications are already based on IFRS, the Cert IFR is an opportunity to update their IFRS knowledge for recent IASB publications.
Course objectives:-
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To help you understand how International Financial Reporting Standards (IFRS) are used around the world
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To explain how the International Financial Reporting Standards Foundation (IFRSF) / International Accounting Standards Board (IASB) work and how these are being changed
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To examine the fundamental requirements of IFRS on a standard-by-standard basis
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To provide guidance on how to use IFRS in practice.
About course:-
International Financial Reporting Standards (IFRS). Nationally qualified accountants and auditors can now update their skills to meet the challenges involved in adopting and implementing IFRS in their workplace. An educational or vocational background in financial reporting is recommended before starting the Cert IFR.
This course also benefits ACCA members who gained their qualification prior to the introduction of IFRS. For ACCA members whose qualifications are already based on IFRS, the Cert IFR is an opportunity to update their IFRS knowledge for recent IASB publications.
Course Duration:-
The duration of the course is approximately 6 months.
Syllabus:-
1. The International Accounting Standards Board and IFRS Accounting Standards
2. IFRS Accounting Standards - global convergence and continued development
3. Revenue, presentation and profit
4. Accounting for non-current assets
5. Accounting for assets, impairments and grants
6. Accounting for leases and specialised assets
7. Accounting for financial instruments
8. Accounting for liabilities
9. Group accounting – part 1
10. Group accounting – part 2
11. Disclosure standards and first-time adoption
12. IFRS Accounting Standards and other reporting frameworks
