International Financial

WHO WILL BENEFIT?

• Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS
• Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS

Learning Objectives

• Recognize the underlying concepts and principles of IFRS
• Identify the required format and content of a complete set of financial statements including required footnote disclosures and identify the presentation and disclosure requirements of a statement of cash flows including the proper classification of operating, financing and investing activities
• Indicate and apply the requirements of new standards on revenue recognition and leases
• Identify the classification, recognition, measurement, and disclosure of common financial statement assets and liabilities
• Identify and account for an impairment loss with respect to a non-financial asset
• Recall Required disclosures for related parties and events after the reporting period
• Identify and calculate tax amounts to be recognized in the financial statements
• Recognize the accounting treatment applied to share based payments and employee benefits
• Recall accounting requirements for business combinations, joint arrangements and investments in associates
• Identify and calculate tax amounts to be recognized in the financial statements
• Recall the accounting requirements applicable to entities that transact in or keep accounting records in foreign currency
• Indicate how to measure fair value when required by IFRS Standards