Location

Community Services & Continuing Education - Cairo

Objectives

• To help you understand how International Financial Reporting Standards (IFRS) are used around the world. To explain how the International Financial Reporting Standards Foundation (IFRSF) / International Accounting Standards Board (IASB) work and how these are being changed. To examine the fundamental requirements of IFRS on a standard-by-standard basis. To provide guidance on how to use IFRS in practice

Outcomes

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 (IFRS 15) and leases (IFRS 16).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 nonfinancial asset.Recall required disclosures for related parties and events after the reporting period.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

Course Contents

1- The emergence and development of international accounting standards IASC.2- The formation and functioning of the International Accounting Standards Board.3 - The course of international accounting laws and their characteristics.4- Display the list of international accounting standards.5- The position of various economies regarding these laws and the extent of infection spread in the countries of the world.6- International accounting standards and standards.7- The status and use of international laws for financial reporting around the world.8- Egyptian accounting standards.9 - The main differences American accounting standards acceptance standards, international accounting standards and international financial reporting standards IFRS in the United Kingdom / United States.10- Studying the International Accounting Standards IAS and the International Financial Reporting Standards and the International Financial Reporting Standards IFRS