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International Financial Reporting Standards

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DateVenuePrice

May 21 2012 - Jun 01 2012LondonGBP 4,000
Aug 06 2012 - Aug 17 2012LondonGBP 4,000
Oct 15 2012 - Oct 26 2012LondonGBP 4,000
Nov 05 2012 - Nov 16 2012LondonGBP 4,000

Duration: 2 weeks

To arrange an alternative date for this course, please select the following:

Course Overview

This course is designed for financial accountants and controllers wanting a detailed understanding of international standards of the International Accounting Standards. Auditors, Analysts and interpreters of IAS/IFRS financial statements will also benefit greatly from the course and this course will also be of particular benefit to accountants moving into a financial accounting role from other fields.

Course Objectives

  • An in-depth working knowledge of the new ‘world standard’ of financial reporting
  • A technique for extracting the key requirements from standards, and guidance on interpretation and practical application of the standards
  • An awareness of the differences between UK, US and international standards
  • An understanding of imminent changes to IFRS

Course Outline

  • Introduction
  • Concepts and presentation
    • The IASB conceptual framework
    • IAS 1 - presentation of statements
    • IAS 10 - events after balance sheet
    • IFRS 5 - assets held for sale and discontinued operations
    • IAS 7 - cash flow statements
  • Policies and revenue
    • IAS 8 - accounting policies
    • IAS 18 - revenue
    • IAS 11 - construction contracts; revenue and work-in-progress
  • Inventory and property, plant and equipment
  • Group Account and International Standards

Laptop included.

*Course fee is not inclusive of VAT

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