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International Financial Reporting Standards ( IFRS) - Delphi Star Training Centre , Dubai,Abu Dhabi,Riyadh,Jeddah,Muscat,Manama,Kuwait City

Sun, 28 Mar 2021 17:51:51 +04

Key areas of the syllabus

International sources of authority
Elements of financial statements
Presentation of accounts and additional disclosures.
Preparation of external reports for combined entities, associates, and joint arrangements.

A) International sources of authority.

The International Accounting Standards Board (IASB) and the regulatory framework

B) Elements of financial statements

Revenue recognition
Property, plant, and equipment
Impairment of assets
Leases
Intangible assets and goodwill
Inventories
Financial instruments
Provisions, contingent assets, and liabilities
Employment and post-employment benefits
Tax in financial statements
The effects of changes in foreign currency exchange rates
Agriculture
Share-based payment
Exploration and evaluation expenditures
Fair value measurement

C) Presentation of financial statements and additional disclosures

Presentation of the statement of financial position, the statement of profit or loss and other comprehensive income, and the statement of changes in equity.
Earnings per share
Events after the reporting period
Accounting policies, changes in accounting estimates, and errors
Related party disclosures
Operating segments
Reporting requirements of small and medium-sized entities (SMEs)

D) Preparation of external financial reports for combined entities, associates, and joint arrangements.

Preparation of group consolidated external reports
Business combinations – intra-group adjustments
Business combinations – fair value adjustments
Business combinations – associates and joint arrangements
Complete disposal of shares in subsidiaries

Cost: 1599 AED

Discount: 10% Off for Laimoon Users!

Duration: 50 To 60 Hours

Association of Chartered Certified Accountants (ACCA) - Delphi Star Training Centre , Dubai,Abu Dhabi,Riyadh,Jeddah,Muscat,Manama,Kuwait City

Thu, 20 Sep 2018 22:10:13 +04

The ACCA qualification helps to develop successful careers in the fields of Accounting, Banking, Management and Consulting and is a major advantage in competing for senior roles.
What will I learn?

ACCA Fundamental Level-
Knowledge Module:

F-1: Accountant in Business
F-2: Management Accounting
F-3: Financial Accounting

Skills Module:
F-4: Corporate and Business Law
F-5: Performance Management
F-6: Taxation
F-7: Financial Reporting
F-8: Audit and Assurance
F-9: Financial Management

Professional Module Essentials
SBL Strategic Business Leader
SBR Strategic Business Reporting

Options (Two to be completed)
P-4: Advanced Financial Management
P-5: Advanced Performance Management
P-6: Advanced Taxation
P-7: Advanced Audit and Assurance

Benefits of ACCA

Obtaining the ACCA demonstrates both a commitment to growth and immense technical skill which leads to more opportunities on an international level and the possibility of higher salary.
There is also the possibility to work nearly anywhere in the world as the ACCA is recognized in over 170 countries and thus it can prove to be a career booster.

Increased Career Prospects:

The ACCA can be completed even while working ensuring that the candidate can gain practical experience and income while studying for the ACCA qualification and increasing the time efficiency of the process.
The candidate not only gains incredible skills in finance and accounting but is familiarized with many aspects of business organizations in general.
The Qualification is based on international accounting and auditing standards.
It improves the perceived skill of the candidate in the eyes of the clients and the employers increasing the probability of both promotions and success' on the professional level.
Flexible study is something that is not just possible but recommended. One can choose to study each and every paper in a different way, at different times and still complete the qualification in a reasonable time frame while continuing their work thus fulfilling the experience aspect of the qualification.

Cost: 1800 AED

Discount: 20% Off for Laimoon Users!

Duration: 36 To 40 Hours

ACCA Certificate in Auditing - Majan College , Oman, Muscat

Wed, 15 Nov 2017 12:56:11 +04

1. Auditing Standards
The International Federation of Accountants (IFAC)
The International Auditing and Assurance Standards Board (IAASB)
The framework of International Standards on Auditing (ISAs)
ISAs - what they represent and how they are set.
2. ISA 200, Overall Objectives
Overall objectives of an audit of financial statements
General principles governing auditors and their work
The nature and scope of an audit.
3. ISA 230, Audit Documentation
Preparing and retaining documentation
Assembly of the final audit file
Confidentiality.
4. ISA 240, Fraud in an audit of financial statements
5. Planning
ISA 300, Planning an audit of financial statements
ISA 315, Understanding the entity and its environment
ISAs 320 and 450, Audit materiality and evaluation of misstatements.
6. Internal Control and Risk Assessment
ISA 265, Communicating deficiencies in internal control to those charged with governance and management
ISA 315, Assessing the risks of material misstatements
ISA 402, Audit considerations relating to an entity using a service organisation.
7. ISA 500, Audit Evidence
8. ISA 501 Audit Evidence - specific considerations for selected items
9. ISA 505 External confirmations
10. Analytical Procedures, Audit Sampling and Written Representations
ISA 520, Analytical procedures
ISA 530, Audit Sampling
ISA 580, Written representations.
11. Internal Auditing
ISA 610, Using the work of Internal Auditors
12. Reporting
ISA , Auditor's report on financial statements
ISA 570 Going concern

Cost: 750 OMR

Duration: Upto 4 Months

ACCA Certificate in IFRS - Majan College , Oman, Muscat

Wed, 15 Nov 2017 12:47:32 +04

1. The nature and operations of the IASB
Structure of the IFRSF/IASB
Extant standards of the IASB
The framework.
2. The status and use of IFRSs around the world
The use of IFRS around the world
The IASB roadmap
The annual IASB bound volume and its use.
3. Presentation and profit
IAS 1, Presentation of financial statements
IFRS 15, Revenue from contracts with customers
IAS 8, Accounting policies, changes in accounting estimates and errors.
4. Accounting for assets and liabilities - part 1
IAS 16, Property, plant and equipment
IAS 38, Intangible assets
IAS 40, Investment Property
IAS 36, Impairment of assets
IAS 23, Borrowing costs
IAS 20, Accounting for government grants and disclosure of government assistance
IAS 2, Inventories
IFRS 16, Leases
IFRS 5, Non-current assets held for sale and discontinued operations
5. Accounting for assets and liabilities - part 2
IFRS 13, Fair Value Measurement
IFRS 32, Financial instruments - presentation
IFRS 9, Financial instruments
IFRS 7, Financial instruments: disclosures
IFRS 2, Share-based payment
IAS 37, Provisions, contingent liabilities and contingent assets
IAS 10, Events after the reporting period
IAS 19, Employee benefits
IAS 12, Income taxes
IAS 41, Agriculture
IFRS 6, Exploration for and evaluation of mineral ;
6. Group accounting
IFRS 10, Consolidated Financial Statements
IAS 27 (revised 2011), Separate financial statements
IFRS 3, Business Combinations
IAS 28 (revised 2011), Investments in associates and joint ventures
IFRS 11, Joint arrangements
IFRS 12, Disclosure of interests in other entities
IAS 21, The effects of changes in foreign exchange rates
IAS 29, Financial reporting in hyperinflationary economies.
7. Disclosure standards
IAS 7, Statement of cash flows
IAS 24, Related party disclosures
IAS 33, Earnings per share
IAS 34, Interim financial reporting
IFRS 4, Insurance contracts
IFRS 1, First time adoption of IFRS
IFRS 8, Operating segments.
8. Principal differences between UK/US GAAP and IFRS
9. Proposals for change

Cost: 750 OMR

Duration: Upto 4 Months