IFRS Demystified: A Practical Approach

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Instructor Name

Mona AlQassab

Start Date

01/09/2025

End Date

05/09/2025

Category

Finance & Accounting

Country

Dubai

Course Overview

This course simplifies the International Financial Reporting Standards (IFRS), making them accessible and practical for finance professionals. Participants will learn how to apply IFRS in financial reporting, disclosures, and business transactions.

Course Objectives

By the end of this course, participants will be able to:
– Understand the structure and purpose of IFRS in global financial reporting.
– Apply IFRS to common transactions and financial statements.
– Interpret key standards like revenue recognition, leasing, and financial instruments.
– Prepare compliant disclosures and notes to financial statements.
– Stay updated with IFRS changes and their business implications.

Course Outline

1- IFRS Overview and Global Financial Reporting Landscape
2- Key Standards: IFRS 15, IFRS 16, IFRS 9, and IAS Series
3- Applying IFRS to Financial Statements
4- Disclosure Requirements and Reporting Format
5- Updates, Interpretations, and Compliance Trends

Target Audience

Accountants, auditors, financial controllers, analysts, and professionals working with international reporting standards.

Methodology

Real-world case reviews, hands-on IFRS applications, statement walkthroughs, disclosure planning, and update briefings.

Conclusion

Participants will gain clarity and competence in applying IFRS standards to their daily financial reporting and decision-making tasks.

Daily Agenda

1 Day

IFRS Made Simple

2 Day

Transaction-Based Standards

3 Day

Preparing IFRS Statements

4 Day

Disclosure & Reporting

5 Day

What’s New & What’s Next