Introduction

International Financial Reporting Standards play a critical role in ensuring transparency, consistency, and comparability in financial reporting across global markets. Organisations operating in increasingly regulated and complex environments must ensure that financial statements are prepared in full compliance with IFRS while reflecting sound accounting judgement and governance practices. Inadequate understanding or application of IFRS can expose organisations to regulatory risk, misstatement, and reduced stakeholder confidence.

The Certificate in International Financial Reporting Standards (IFRS) training course provides professionals with a comprehensive understanding of IFRS principles and their practical application. Participants develop the ability to account for transactions, prepare financial statements, and interpret disclosures in accordance with current IFRS requirements. The course emphasises applying standards to real organisational contexts, supporting compliance, improving financial reporting quality, and strengthening corporate governance and financial control.

Key focus areas include:

Key Learning Outcomes

At the end of this Certificate in International Financial Reporting Standards (IFRS) training course, participants will be able to:

Training Methodology

This Certificate in International Financial Reporting Standards (IFRS) training course adopts a practical and application-focused learning approach centred on real accounting scenarios. Participants work through applied examples, case-based discussions, and structured analysis to translate IFRS requirements into effective reporting practices. Emphasis is placed on professional judgement, regulatory alignment, and producing compliant, decision-ready financial information.

Certificate in International Financial Reporting Standards (IFRS)

Who Should Attend?

This Certificate in International Financial Reporting Standards (IFRS) training course is ideal for:

  • Corporate accountants and financial reporting professionals
  • Financial controllers and finance managers
  • Management accountants and treasury officers
  • Internal, external, and financial auditors
  • Financial and investment analysts
  • Professionals involved in IFRS-based financial reporting and compliance

Course Outline

Day 1

The Role & Scope of IFRS

  • Establishing the case for IFRS
  • International accounting diversity
  • IFRS & US GAAP
  • The role & scope of IFRS & IAS
  • The IASB conceptual framework
  • IFRS, accounting concepts & policies
Day 2

The Presentation & Preparation of Financial Statements

  • The annual reports & financial statements
  • IAS 1 presentation of financial statements
  • Preparing the income statement
  • Preparing the statement of financial position
  • IAS & statement of cashflow
  • Notes & disclosures
Day 3

Accounting for Cash Flow & Financial Instruments

  • The importance of cash flow
  • Preparing a statement of cash flows in accordance with IFRS 7
  • Evaluating the cash flow
  • What are financial instruments & derivatives?
  • IFRS 7 financial instruments: Disclosures
  • IFRS 9 financial instruments
Day 4

Accounting for Assets

  • Tangible & intangible assets
  • IAS 16: Property, plant and equipment and Depletion, Depreciation & Amortisation (DD&A)
  • IAS 36: Impairment of assets
  • IFRS 13 fair value measurement
  • IAS 38: Intangible assets
  • IAS 2 inventories
Day 5

Accounting for Strategic Alliances & Business Combinations

  • Strategic alliances mergers & acquisitions
  • Goodwill
  • IFRS 3 business combinations
  • IFRS 10: Consolidated financial statements
  • IFRS 11: Joint arrangements
  • IFRS 12: Disclosure of interests on other entities

International Standards & Professional Alignment

Our training courses are aligned with internationally recognised professional standards and frameworks across leadership, strategy, finance, governance, risk, compliance, and audit. By integrating globally trusted models, we ensure learners develop practical, relevant, and industry-recognised capabilities.

Our trainings draw on leading international standards and professional frameworks, including ISO, ISACA, COSO, OECD, IIA, FATF, Basel, IFRS/ISSB, GRI, NIST, CPD, ILM and the OECD AI Principles. This alignment ensures consistency with global best practices across financial management, risk oversight, digital governance, sustainability, and strategic decision-making..

Designed in alignment with globally recognised professional bodies, our courses support continuous professional development, strengthen organisational capability, and provide clear pathways toward professional certifications valued worldwide.

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FAQs

The course focuses on applying IFRS requirements to prepare accurate financial statements and support regulatory compliance and governance.

Yes. Participants learn how to prepare and evaluate income statements, statements of financial position, and cash flow statements under IFRS.

Yes. The course is particularly relevant for professionals responsible for compliance, reporting accuracy, and governance oversight.

Yes. IFRS requirements related to business combinations, consolidation, and joint arrangements are covered.

Absolutely. IFRS principles are globally applicable across sectors and organisational contexts.

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