IAS(16),(36),(38),(40) - IFRS(5),(12)
General Goal:
•Build and develop the necessary knowledge capacities related to the theoretical and conceptual aspects of the International Financial Reporting Standards.
•Be able to professionally apply the IFRSs in accounting.
•Enable the continuous professional development in the IFRSs field and follow up relevant amendments and updates.
Target Groups:
•Accountants responsible for preparing management reports.
•Accountants.
•Financial managers who are responsible for the preparation of IFRS.
•Specialists in auditing and financial business sector.
•Workers in the investment and banking sectors
•Lecturers specialized in IFRS.
•Accountants who obtained IACPA, CPA and/or CA qualifications.
Outline:
The focus of recognition and measurement of financial statement items:
IAS (2): Inventory
IFRS (16): Lease contracts
IFRS (15): Revenue from contracts with customers
IAS (19): Employee Benefits
IAS (20): Accounting for government grants and disclosure of government aid
IAS (23): Borrowing costs
IAS(26): Accounting and reporting by retirement benefit plans
IAS (29): Financial reporting in hyperinflationary economies
IFRS (1): Application of International Financial Reporting Standards for the first time
IFRS(2): Share-based payment
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