Applying IFRS Workshop

Course Outline

Overview

This training workshop provides an overview of the key principles of IFRS and key detailed applications.

Agenda

Overview of IFRS

• The need for IFRS
• The International Accounting Standards Board (IASB)
• The Conceptual Framework
• Overview of standards

Financial Reporting

• The objectives of financial reporting
• What has to be included in financial statements
• Understanding the treatment of income and costs
• Understanding the treatment of assets and liabilities

IFRS Implementation

• The transition to IFRS
• Financial analysis tools and techniques
• Relevance of corporate governance
• Future IFRS considerations

Target Audience

This training workshop is suitable for:

• Financial staff who need an introduction to IFRS.
• Financial staff who wish to develop a greater understanding of the concepts and applications of IFRS.
• Analysts and non-financial staff who need to understand IFRS but are not necessarily practitioners.

Learning Outcomes

Upon completion of this training workshop, you will understand:

• The key concepts of IFRS and their application.
• How the information included in financial reports informs decision-making.
• How to work through the initial and ongoing implementation of IFRS.