International Financial Reporting Standards (IFRS)
What is IFRS?
IFRS is a set of accounting rules and standards that determine how accounting events should be reported in your business’s financial statements. Issued by the International Accounting Standards Board (IASB).
IFRS course aim is to make financial statements consistent, comparable, and transparent across the world
Learning Objectives
Understand IFRS financial reporting framework
Apply relevant international financial reporting standards to key elements of financial statements
Identify and apply disclosure requirements for entities relating to the presentation of financial statements and notes
Prepare group financial statements (excluding group cash flow statements) including subsidiaries, associates and joint arrangements.