Modern economies rely on cross-border transactions and the free flow of
international capital. More than a third of all financial transactions occur across
borders, and that number is expected to grow.
In the past, such cross-border activities were complicated by different
countries maintaining their own sets of national accounting standards.
IFRS Standards address this challenge by providing a high-quality,
internationally recognized set of accounting standards that bring
transparency, accountability, and efficiency to financial markets around the
world.
Understand the International Financial Reporting Standards (IFRS) and how they are used around the world
Describe the setting process in International Financial Reporting Standards (IFRS) and list the currently available standards
Examine the fundamental requirements of IFRS on a standard-by standard basis
Explain the most recent updates on existing IFRS and evaluate the effect of newly issued standards on your organization
Provide guidance on how to use IFRS in practice
IAS 1, Presentation of financial statements
IFRS 15, Revenue from contracts with customers
IAS 38, Intangible assets
IAS 16, Property, plant, and equipment
IAS 36, Impairment of assets
IAS 40, Investment Property
IAS 8, accounting policies, changes in accounting estimates and errors
IFRS 16 Leases
IAS 37, Provisions, contingent liabilities, and contingent assets
IAS 10, Events after the reporting period
IAS 21, The effects of changes in foreign exchange rates
IAS 2, Inventories
Finance Directors Head of Finance Financial managers Accounts Managers Chief Finance Officers Budget accountants Credit controllers Accountants Auditors Analysts
