Course Overview

This course provides an overview of International Financial Reporting Standards (IFRS), highlighting their importance for business transparency and comparability. It examines the role of the International Accounting Standards Board (IASB) in setting these standards and explores the value of a Conceptual Framework in guiding financial reporting.

Agenda

Overview of IFRS
Why businesses need to use IFRS
The role of the International Accounting Standards Board (IASB)
The value of a Conceptual Framework

Course Review

Summary and recap of key learning objectives
Action Planning

Target Audience

This course is suitable for a wide range of professionals but will be of real value to experienced or new or aspiring:

Finance Managers and Financial Controllers
Accountants and Auditors responsible for preparing or reviewing financial statements
Corporate Finance Teams transitioning to or already reporting under IFRS
Regulatory and Compliance Officers
Internal Audit Professionals
Consultants and Advisors working in financial reporting or corporate governance
Senior Managers and Executives involved in strategic financial decision-making
Professionals working in multinational organizations that require understanding of global financial reporting standards

Learning Outcomes

By the end of this course, you will be able to implement a successful strategy that enables you to:

Understand the importance of IFRS and why businesses across the world are adopting it.
Explain the role of the IASB in setting international accounting standards and maintaining global consistency.
Recognise the value of a Conceptual Framework and how it supports coherent financial reporting.