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IFRS

Course Description

International Financial Reporting Standards (IFRS) are designed to bring consistency to accounting language, practices, and statements, and to help businesses and investors make educated financial analyses and decisions. The IFRS Foundation sets the standards to “bring transparency, accountability, and efficiency to financial markets around the world."

The IFRS course offers a broad introduction to the field of finance and aims to help you understand how they are used globally. 

 

Topics
  • Refreshment of Balance sheet & Income Statement items, that were covered in our last workshop.
  • Impact of IFRS on the Financial Statement & company’s position & its profit.
  • IFRS9-  It’s effect & how it specifies how an entity should classify and measure financial assets, financial liabilities, and some contracts to buy or sell non-financial items.
  • IFRS 15 – how an entity recognizes revenue to depict the transfer of promised goods or services to the customer in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.
  • IFRS 16 – This is the most significant change to lease accounting in over 30 years. The objective is to ensure that companies report information for all of their leased assets in a standardized way and bring transparency to companies' lease assets and liabilities.
  • Overview of other standards.
Contact us
at DGJ Academy

For more information about the courses, fee structures and dates, or to discuss tailored training programmes, call us on:

+961 4 961961 ext. 104/102