International Financial Reporting Standards

Methodology

The course uses interactive techniques, such as brief presentations by the consultant, the application of different theories, and group exercises, to exchange experience and the knowledge acquired throughout the course.

Course Objectives

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

Identify the components of comprehensive income and other comprehensive income

Properly account for income taxes and determine current vs. deferent taxes

Classify the various type of investments according to IFRS 9

Determine the concepts of control and power and consolidate a set of financial statements

Define the term significant influence and apply the equity method

Apply the required steps in business combination and account for goodwill

Target Audience

Professionals in finance and accounting and those seeking to take their IFRS knowledge to a higher level.

Target Competencies

Calculating total comprehensive income

Presenting income tax transactions

Accounting for financial assets

Applying the equity method

Consolidating financial statements

Measuring goodwill