Advanced International Financial Reporting Standards (IFRS) refer to the complex principles and frameworks governing financial reporting on a global scale, ensuring consistency, transparency, and comparability of financial statements across jurisdictions. This training program provides a deep knowledge on advanced IFRS topics, focusing on complex accounting treatments, financial reporting challenges, and the latest developments in IFRS regulations. Participants will gain the expertise needed to perform IFRS effectively in complex business scenarios and align financial reporting with international standards.
Analyze the key principles and frameworks of IFRS in advanced financial reporting.
Use IFRS standards to complex financial instruments, revenue recognition, and lease accounting.
Evaluate business combinations, consolidations, and impairment assessments under IFRS.
Conduct fair value measurement, employee benefits accounting, and provisions.
Assess the impact of recent IFRS updates and prepare for future regulatory changes.
Senior Financial Accountants.
Financial Reporting Managers.
Auditors and Compliance Officers.
CFOs and Finance Directors.
Finance Professionals engaged in complex financial reporting.
IFRS conceptual framework and key differences from local GAAP.
Classification and measurement of financial instruments under IFRS 9.
Impairment models and expected credit loss approaches.
Hedge accounting principles and financial statement impact.
Disclosure requirements and common challenges in IFRS 9 application.
IFRS 15 framework for recognizing revenue across industries.
Key steps for identifying and allocating performance obligations in contracts.
Timing of revenue recognition and impact on financial statements.
IFRS 16 requirements for lessee and lessor accounting.
Measurement and disclosure of lease liabilities and right-of-use assets.
IFRS 3 rules for business combinations and acquisition accounting.
Recognition and measurement of goodwill and related costs.
IFRS 10 consolidation framework for complex group structures.
Accounting for non-controlling interests and partial disposals.
Advanced consolidation adjustments including intercompany balances.
IFRS 13 fair value hierarchy and valuation techniques.
How to apply fair value in complex or illiquid markets.
IAS 36 impairment testing for tangible and intangible assets.
Goodwill impairment and allocation to cash generating units.
Disclosure requirements for fair value and impairment reporting.
IAS 37 recognition and measurement of provisions and contingencies.
Accounting for employee benefits and pension obligations under IAS 19.
Impact of actuarial assumptions on financial statements.
Recent IFRS updates and exposure drafts affecting reporting.
Trends in sustainability and ESG related disclosures within IFRS.