Location

Community Services & Continuing Education - Alexandria

Objectives

• The course is designed to develop your knowledge and understanding of International Financial Reporting Standards. You will also learn how to apply them, as well as the concepts and principles which underpin them.

Outcomes

By completion of this course , Candidates should be able to:• Understand, explain and apply the IASB's Conceptual Framework for Financial Reporting.• Apply relevant financial reporting standards to key elements of financial reports.• Identify and apply disclosure requirements for companies in financial reports and notes.• Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint arrangements.

Course Contents

• IAS 1 Presentation of Financial Statements IAS 2 Inventories • IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors • IAS 10 Events After the Reporting Period• IAS 12 Income Taxes IAS 16 Property, Plant and Equipment • IAS 19 Employee Benefits IAS 20 • Accounting for Government Grants and Disclosure of Government Assistance• IAS 21 The Effects of Change in Foreign Exchange Rates • IAS 23 Borrowing Costs • IAS 24 Related Party Disclosures• IAS 27 Separate Financial Statements • IAS 28 Investments in Associates and Joint Ventures • IAS 32 Financial Instruments: Presentation • IAS 33 Earnings per Share IAS 36 Impairment of Assets• IAS 37 Provisions, Contingent Liabilities and Contingent Assets• IAS 38 Intangible Assets • IAS 40 Investment Property• IAS 41 Agriculture • IFRS 1 First-Time Adoption of International Financial Reporting Standards• IFRS 2 Share-based Payment IFRS 3 Business Combinations • IFRS 5 Non-current Assets Held for sale and D