International Financial Reporting Standards (IFRS) and 2025 Updates

International Financial Reporting Standards (IFRS) and 2025 Updates

The ‘International Financial Reporting Standards (IFRS) and 2025 Updates’ course will help build the knowledge you need in IFRS for success in today’s global business world. Like you, we believe those who understand and apply IFRS will enjoy expanded career opportunities as its use is spreading around the world. Developed with input from subject matter experts from across the region, this course is designed to provide accounting and finance professionals with the training, knowledge, and practical guidance needed to use IFRS and stay up to date with its newest standards and changes.

The course uses a mix of interactive techniques, such as brief presentations by the consultant, application of different theories, group exercises to exchange experience and apply knowledge acquired throughout the course.

By the end of the course, participants will be able to:

  • Explain the main requirements of International Accounting Standard (IAS 1) in relations to presenting the statements of financial position and comprehensive income
  • Calculate the Expected Credit Loss for trade receivables as well as properly account for inventory cost and valuation
  • Properly account for major long term assets items such as fixed assets and investment property
  • Differentiate between the various financial assets and identify the proper accounting treatment for each classification
  • Explain the five-step model in recognizing revenue from customers
  • Measure and present the asset, liability and expenses resulting from lease contracts on the lessee financial statements

  • Professionals in the fields of finance and accounting as well as professionals seeking to enhance their international accounting knowledge from companies implementing IFRS as the standard of reporting.

  • Understanding financial statements

  • Financial reporting

  • Applying IFRS

  • Accounting for current and non-current assets and liabilities

  • Classifying investments

  • Assessing impact on financial accounts

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Strengthening Financial Reporting for Global Standards

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