Passionately developing careers since 2000.

logo

عربي

عربي

course

Accounting Measurement and Disclosure in Financial Statements According to IAS-IFRS

Why Attend

International Financial Reporting Standards (IFRS) are a system of measurement and disclosure rules for a specific element of financial statements or a specific type of economic transaction or event that requires accounting and disclosure. Financial standards acquire international status when issued by a regulatory body and used in accounting applications by all countries. This improves the quality of financial statements, achieves accounting communication, increases comparability, and increases confidence and the usefulness of this data worldwide. These standards improve and harmonize accounting systems, rules, and procedures for presenting financial statements across countries.

Overview

Course Outline

Schedule & Fees

Course Objectives

By the end of the course, participants will be able to:

Become familiar with International Financial Reporting Standards (IAS) and acquire the skills to prepare financial statements and reports in accordance with International Financial Reporting Standards (IFRS) and International Public Sector Accounting Standards (IPSAS), and their role in achieving transparent disclosure in financial statements and statements.

Apply the latest advanced practices in the field of accounting, particularly IFRS publications for the private and public sectors, leading to improved accounting efficiency and effectiveness.

Apply the principles of measurement and recognition of the elements that comprise financial statements in accordance with International Financial Reporting Standards (IFRS) (asset recognition, liability recognition, expense recognition, income recognition, and revenue recognition).

Acquire the skill of applying accrual accounting procedures and identifying expenses and revenues for the financial period in accordance with international standards.

Prepare and present financial statements, accounting policies, and other explanatory notes in accordance with International Financial Reporting Standards (IFRS). Also, learn how to prepare different types of financial reports in accordance with international standards.

Learn about the principles and rules of governance. Institutionalization and its importance in achieving effective financial control in the public and private sectors

Methodology

The course relies on a variety of interactive techniques, such as presentations, theoretical applications, and group exercises, to exchange experiences and apply the knowledge acquired during the course.

Target Audience

Accounting and finance professionals, and professionals seeking to enhance their knowledge of international accounting in organizations that apply IFRS as a reporting standard.

Target Competencies

Calculating Total Comprehensive Income

Presentation of Income Tax Transactions

Accounting for Financial Assets

Application of the Equity Method

Consolidation of Financial Statements

HAVE A QUESTION?

Larimar will help you find what you are looking for