Advanced Application of IFRS Elements

General

Program Description

Course Outline

Elements: Part 1

  • Owners’ equity: share capital and reserves
  • Fair value measurement
  • Revenue from contracts with customers
  • Provisions, contingent liabilities and contingent assets
  • Income taxes
  • Financial instruments
  • Share-based payment

Elements: Part 2

  • Inventories
  • Employee benefits
  • Property, plant and equipment
  • Leases
  • Intangible assets
  • Business combinations
  • Impairment of assets

Target audience

  • Accounting and financial specialists, professionals and practitioners who wish to develop a greater understanding of the key concepts and applications of IFRS;
  • Those aiming for organisational adoption of IFRS to enable greater fluency in their financial reporting and establish a global understanding of their accounting practice in an increasingly internationalised business world;
  • Accounting and finance staff of entities that have been mandated to be IFRS compliant.

Learning outcomes

Upon completion of this course, you will be able to understand:

  • The element of equity in financial statements, its various components and the accounting for transactions that give rise to these components.
  • Accounting requirements for IFRS 13 FairValue Measurement.
  • Accounting requirements for IFRS 15 Revenue from Contracts with Customers.
  • Accounting requirements for IAS 37 Provisions, Contingent Liabilities and Contingent Assets.
  • Accounting requirements for IAS 12 Income Taxes.
  • Accounting requirements for IFRS 9 Financial Instruments.
  • Accounting requirements for IAS 32 FinancialInstruments: Presentation.
  • Accounting requirements for IFRS 7 Financial Instruments: Disclosures.
  • Accounting requirements for IFRS 12 Share-based Payment.
  • Accounting requirements for IAS 2 Inventories.
  • Accounting requirements for IAS 19 Employee Benefits.
  • Accounting requirements for IAS 16 Property, Plant and Equipment.
  • Accounting requirements for IAS 17 Leases.
  • Accounting requirements for IAS 38 Intangible Assets.
  • Accounting requirements for IFRS 3 Business Combinations.
  • Accounting requirements for IAS 36 Impairment of Assets.
Last updated Mar 2020

About the School

London Business Training & Consulting (LBTC) is the UK’s premier business and management training and consulting service provider. We cater to both individual and organisational clients from all o ... Read More

London Business Training & Consulting (LBTC) is the UK’s premier business and management training and consulting service provider. We cater to both individual and organisational clients from all over the world. Read less