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IFRS for Upstream Oil, Gas Sector - GBA -Professional London Training Center , Australia, Germany, India, Netherlands, Turkey, UAE, United Kingdom, Dubai, Delhi, Mumbai, Sydney, London, Istanbul, Frankfurt, Munich, The Hague

Wed, 17 Dec 2025 22:40:51 +04

This five-day workshop offers a comprehensive review of key IFRS requirements relevant to the upstream oil and gas sector, with a focus on regulatory reporting and the varied accounting practices arising from its unique commercial and contractual arrangements. The programme covers applicable IFRSs through practical case studies, real-world examples, and interactive exercises, encouraging active participant engagement. It incorporates the latest IFRS pronouncements, ensuring participants are fully up to date on current requirements. Additionally, the workshop equips attendees with practical guidance on researching accounting issues and tracking future developments in financial reporting.

Objective

Apply IFRS requirements to oil and gas exploration, development, and production activities
Determine when costs should be capitalized or expensed under IFRS during the exploration and development phases
Identify key differences between financial statements prepared under IFRS and those prepared under Production Sharing Agreements (PSAs)
Assess the impact of different units-of-production methods on the calculation of depreciation, depletion, and amortization (DD&A)
Explain the main assumptions required for impairment testing and for recognizing decommissioning provisions under IFRS

Cost: 4250 USD

Duration: 5 Days

IFRS and International Standards on Auditing - GBA -Professional London Training Center , Australia, Germany, India, Netherlands, Turkey, UAE, United Kingdom, Dubai, Delhi, Mumbai, Sydney, London, Istanbul, Frankfurt, Munich, The Hague

Wed, 17 Dec 2025 19:16:29 +04

Overview
International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA) are globally recognized frameworks established by the International Accounting Standards Board (IASB) and the International Auditing and Assurance Standards Board (IAASB) respectively. This comprehensive course on International Financial Reporting Standards and International Standards on Auditing is designed to provide finance professionals, accountants, auditors, and other stakeholders with a thorough understanding of these standards and their application in financial reporting and auditing practices worldwide.

Throughout the course, participants will explore key principles, concepts, and requirements of IFRS and ISA, focusing on their significance in promoting transparency, comparability, and reliability in financial reporting and auditing. Emphasis is placed on understanding the underlying principles and objectives of these standards and their impact on financial reporting and auditing practices in different jurisdictions.

Participants will learn how to apply IFRS principles and requirements to prepare and present financial statements in accordance with global accounting standards. The course covers topics such as recognition, measurement, presentation, and disclosure requirements for various financial instruments, assets, liabilities, and equity, as well as the latest updates and amendments to IFRS issued by the IASB.

Additionally, the course explores the role of ISA in providing a framework for conducting high-quality audits and enhancing audit quality and consistency worldwide. Participants will gain insights into the key requirements and principles of ISA, including audit planning, risk assessment, audit evidence, internal control evaluation, and reporting, as well as the latest developments and revisions to ISA issued by the IAASB.

Furthermore, the course examines the interaction between IFRS and ISA, particularly in relation to the audit of financial statements prepared in accordance with IFRS. Participants will learn how auditors apply ISA requirements to assess the reliability and integrity of financial statements prepared under IFRS and provide assurance on their compliance with applicable accounting standards and regulatory requirements.

Overall, the International Financial Reporting Standards and International Standards on Auditing course equip participants with the knowledge, skills, and tools necessary to understand, interpret, and apply IFRS and ISA effectively in financial reporting and auditing practices. By mastering these essential concepts and techniques, participants can enhance their ability to comply with global accounting and auditing standards, prepare accurate and reliable financial statements, and conduct high-quality audits that provide assurance to stakeholders.

Cost: 4250 USD

Duration: 5 Days

IFRS for Banking IFRS 9 - GBA -Professional London Training Center , Australia, Germany, India, Netherlands, Turkey, UAE, United Kingdom, Dubai, Delhi, Mumbai, Sydney, London, Istanbul, Frankfurt, Munich, The Hague

Wed, 17 Dec 2025 01:04:57 +04

Overview

The IFRS 9 financial instruments course demands a clear understanding of the entity's business model and contractual cash flow characteristics of financial assets.

This course provides an in-depth analysis of IFRS 9 Financial Instruments. It provides numerous examples and illustrations to explain the business model and the cash flow characteristics test for classification of financial assets, amortised cost and fair value measurement of financial assets and financial liabilities, de-recognition of financial assets (retained servicing, continuing involvement etc.), measurement of expected credit losses and the accounting and impact of different types of hedges on financial statements. In addition, it covers the disclosures in IFRS 7 and the principles of fair value measurement in IFRS 13.

Objective

Identify the key topics in IFRS 9, including recent regulatory updates.
Assess the major changes in accounting principles for financial instruments.
Understand the regulatory framework for financial instruments by reviewing IAS 32, IFRS 7, IFRS 9, IFRS 13, and relevant IFRIC guidance.
Classify and measure financial liabilities under the two categories in IFRS 9.
Evaluate the principles of fair value measurement in IFRS 13.
Classify, measure, and account for financial assets and liabilities using the business model and SPPI (Solely Payments of Principal and Interest) tests under IFRS 9.
Apply the expected credit loss (ECL) model, including recognition and measurement of 12-month and lifetime ECLs, credit risk stage assessment, and use of both general and simplified impairment approaches.
Design and account for hedge strategies by understanding hedging requirements, evaluating hedge effectiveness, and calculating hedging costs.
Analyze the financial and operational impacts of IFRS 9 on banks and other financial institutions.

Cost: 4250 USD

Duration: 5 Days

IFRS 17 - Insurance - GBA -Professional London Training Center , Australia, Germany, India, Netherlands, Turkey, UAE, United Kingdom, Dubai, Delhi, Mumbai, Sydney, London, Istanbul, Frankfurt, Munich, The Hague

Wed, 17 Dec 2025 00:58:54 +04

Overview

IFRS 17 - Insurance, also known as the International Financial Reporting Standard 17, is a global accounting standard developed by the International Accounting Standards Board (IASB) that governs the accounting treatment of insurance contracts. This specialized course is designed to provide finance professionals, actuaries, accountants, auditors, and business leaders with a comprehensive understanding of IFRS 17 and its implications for insurance contract ;IFRS 17 is effective for annual reporting periods beginning on or after 1 January 2021 with earlier application permitted as long as IFRS 9 and IFRS 15 are also applied.

IFRS 17 applies to all insurance contracts issued, including reinsurance. IFRS 17 also applies to certain investment contracts with discretionary participation. The standard does not relate only to insurance companies, but to all entities engaging in insurance contracts. IFRS 17 in principle, transfers all the principles from IFRS 4 to identify an insurance ;Through this training, participants will gain the skills needed to analyze IFRS 17’s impact on financial statements, ensuring a solid foundation for future compliance.

Participants will learn how to apply IFRS 17 principles and requirements to accurately account for insurance contracts in financial statements. The course covers techniques for identifying insurance contracts, determining contract boundaries, and assessing the expected cash flows and insurance contract liabilities.
Furthermore, the course examines the presentation and disclosure requirements of IFRS 17, including the format and content of insurance contract-related disclosures in financial statements. Participants will learn how to prepare comprehensive and transparent disclosures to provide stakeholders with meaningful information about insurance contracts and their financial implications.

Objectives

Understand what IFRS 17 is, including its purpose and significance in insurance accounting.
Measure the evolution of IFRS standards for insurance contracts.
Understand the changes in IFRS 17 from the current IFRS 4 Insurance Contracts
Learn the recognition criteria and measurement approaches for insurance contracts under IFRS 17.
Understand the accounting methodology prescribed by IFRS 17 and its impact on financial statements.
Explore IFRS 17 transition approaches and requirements, and their implications for financial reporting.
Appreciate the accounting methodology prescribed in IFRS 17 and evaluate its impact on the financial statements
Comprehend IFRS 9 transition requirements for insurance companies
Understand the differences between IFRS 9 and IFRS 17.

Cost: 4250 USD

Duration: 5 Days

IFRS15 Revenue Recognition,Real Estate Funding - GBA -Professional London Training Center , Australia, Germany, India, Netherlands, Turkey, UAE, United Kingdom, Dubai, Delhi, Mumbai, Sydney, London, Istanbul, Frankfurt, Munich, The Hague

Tue, 16 Dec 2025 22:56:13 +04

Overview

IFRS 15 – which became effective for annual periods beginning on or after 1 January 2018 – established a comprehensive framework for determining when revenue should be recognised and how it should be measured.

This course will provide an overview of IFRS 15, with a focus on exploring the common application challenges relating to both point in time and over time revenue recognition and measurement. Examples will be used throughout to explain key concepts and illustrate their application.

This training program also offers participants a comprehensive insight into real estate financing and investments, emphasizing a comparative analysis with conventional financing and investment approaches. Attendees will acquire a thorough understanding of diverse facets within the real estate sector, covering fundamental principles, risk management strategies in real estate investment, and enhancing decision-making skills in the domain.

Objective

Understand and apply the five-step approach for determining how and when to recognize revenue.
Learn practical applications of the revenue recognition standard.
Account for contract modifications accurately under the standard.
Determine when to capitalize contract costs.
Comply with presentation and disclosure requirements.
Gain insight into the real estate sector and its operational dynamics.
Understand the different types of investors in the real estate business.
Explore financing options available for commercial and individual real estate investments.
Apply traditional finance and investment theories to real estate business decision-making.
Construct investment portfolios using REITs (Real Estate Investment Trusts) and equity instruments.

Cost: 4250 USD

Duration: 5 Days

International Financial Reporting Standards ( IFRS) - GBA -Professional London Training Center , Australia, Germany, India, Netherlands, Turkey, UAE, United Kingdom, Dubai, Delhi, Mumbai, Sydney, London, Istanbul, Frankfurt, Munich, The Hague

Tue, 16 Dec 2025 22:49:16 +04

Overview

International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) to provide a common global framework for financial reporting by companies across different countries and industries. This specialized course is designed to provide finance professionals, accountants, auditors, and business leaders with a comprehensive understanding of IFRS and its application in financial reporting.

IFRS is recognized as the global accounting standard applicable to all sectors of business. Its implementation spans various industries and organizations. The key challenge lies in staying abreast of the continuous changes and newly introduced standards. Hence, acquiring the skills to effectively apply these standards is not merely an option but a necessity for accountants, auditors, financial analysts, and professionals in the financial domain.

Accurate adherence to IFRS brings numerous advantages to organizations, including heightened investor confidence, increased consistency, and transparency in financial reporting, along with the ability to compare financial information across global companies. This course is designed to ensure comprehensive awareness of recent developments in international accounting, providing thorough guidance on the successful integration of IFRS within your organization.

Throughout the course, participants will delve into key topics related to IFRS, including the conceptual framework of financial reporting, recognition and measurement of assets, liabilities, income, and expenses, presentation and disclosure requirements, and the adoption and implementation of IFRS in practice. Emphasis is placed on understanding the principles-based approach of IFRS and its implications for financial reporting and analysis.

Overall, the IFRS course empowers participants with the knowledge and skills necessary to understand, interpret, and apply IFRS principles and standards effectively in financial reporting. By mastering these essential concepts and techniques, participants can enhance their ability to prepare high-quality financial statements, comply with global accounting requirements, and make informed financial decisions based on reliable and transparent financial information.

Objective

Apply core IFRS principles and accounting policies accurately and effectively.
Prepare income statements and balance sheets in full compliance with IFRS guidelines.
Interpret and develop comprehensive cash flow statements according to IFRS standards.
Account for different asset classes using IFRS-compliant methods.
Understand and apply reporting requirements for business combinations and joint ventures under IFRS.

Cost: 4250 USD

Duration: 5 Days

Diploma in IFRS (DIPIFR) - Learners Point Training Institute , Bahrain, Kuwait, Qatar, Saudi Arabia, UAE, Dubai, Abu Dhabi, Sharjah, Fujairah, Online,Kuwait,Oman,Saudi Arabia,United Arab Emirates,Qatar

Wed, 01 Jan 2025 11:15:46 +04

Overview:

The DIPIFR (Diploma in IFRS) is a globally recognized certification designed for finance professionals who wish to excel in international accounting standards. This comprehensive Diploma in IFRS course prepares participants with the skills to interpret and apply IFRS/Ind AS principles effectively in the global market.

Why Enroll in the Diploma in IFRS Course?

Our Diploma in IFRS Dubai program prepares participants for roles in the IFRS environment by providing:
A 42-hour training that delves into the intricacies of IFRS standards.
Industry-ready skills to prepare financial statements that comply with global standards.
Insights into topics like revenue recognition, financial instruments, impairment of assets, and fair value measurement.

Benefits of a Diploma in IFRS

Achieving the Dip in IFRS ACCA certification:
Enhances your ability to produce compliant financial statements.
Improves your understanding of international financial reporting frameworks.
Equips you with the tools to tackle the complexities of consolidated reports, business combinations, and reporting for SMEs.

Why Leading Organizations Prefer DIPIFR Professionals

Businesses worldwide value professionals with a Diploma in IFRS for their expertise in:
Preparing financial statements that align with international accounting standards.
Adapting to global market demands and regulatory changes.
Applying ethical and professional principles in financial reporting.

Course Outline

International Sources of Authority

The International Accounting Standards Board (IASB) and the regulatory framework
Fundamental ethical and professional principles

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
Employee benefits
Tax in financial statements
The effects of changes in foreign currency exchange rates
Agriculture
Share-based payment
Fair value measurement

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)

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

Why Learner’s Point?

Accredited Training: Our program aligns with the standards of ACCA, ensuring quality education.
Comprehensive Curriculum: Covers everything from IFRS basics to complex reporting scenarios.
Flexible Learning Formats: Choose between online and in-class sessions to suit your schedule.
Expert Trainers: Learn from experienced professionals who simplify complex concepts.
Affordable Payment Options: Easy installment plans to make learning accessible.

Testimonials

Aman Shah, Senior Financial Analyst

"Completing the Diploma in IFRS at Learners Point was a game-changer for my career. The practical insights and real-world case studies provided a solid foundation, making complex international accounting standards feel manageable. Highly recommend!"

Fiona Deol, Financial Reporting Manager

"The Diploma in IFRS not only enhanced my technical skills but also boosted my confidence in financial reporting. The hands-on experience and career guidance were invaluable. I now feel well-prepared for global ;

Take the Leap Towards a Global Finance Career

Enroll in our Diploma in IFRS Dubai course today and gain the expertise needed to thrive in international financial reporting. Whether you're a seasoned professional or just starting, this course is your gateway to a successful global career in accounting and finance.

Cost: 2500 AED

Discount: 50% Off for Laimoon Users!

Duration: Upto 55 Hours

ACCA Certificate in IFRS - Bright Future Training Institute , Dubai,United Arab Emirates

Fri, 08 Nov 2024 15:58:59 +04

Course Outline

The nature and operations of the IASB

Structure of the IFRSF/IASB
Extant standards of the IASB
The framework.

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.

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.

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
IAS 17, Leases
IFRS 5, Non-current assets held for sale and discontinued operations

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 resources.

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.

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.

Principal differences between UK/US GAAP and IFRS
Proposals for change

Cost: 2500 AED

Duration: 20 Hours

IFRS Fundamentals - Learnovate Training Center , UAE, Dubai,United Arab Emirates

Wed, 16 Oct 2024 15:44:19 +04

Overview of IFRS Training
Enroll in our IFRS course to gain deep knowledge about the standards. Also, this course provides complete key ideas and practices of IFRS. In addition, this course will help participants to become proficient in IFRS practice. Thus, it is from navigating reporting to identifying linkages between ;

However, we have experienced teachers. Also, we offer insightful analysis of a range of case studies. Through this, you will get a deeper learning of the industry. Also, you will know how these IFRS standards impact global business decisions.

Here are the goals of the IFRS course:

Firstly, learn the IFRS’s function in the recently formed
Also, get better learning to use IFRS in the workplace
To stay current with these changing standards
To develop the abilities of accountants so they may function globally

Cost: 3000 AED

Discount: 15% Off for Laimoon Users!

Duration: Upto 24 Hours

IFRS SI & S2 Standards - London Training For Excellence , Netherlands, UAE, United Kingdom, Dubai, London, Amsterdam,United Arab Emirates,United Kingdom

Mon, 05 Aug 2024 16:10:34 +04

Overview
This intensive training course provides an in-depth exploration of the IFRS Foundation's Sustainability Disclosure Standards focusing on IFRS S1 and S2. The curriculum is designed to enable finance professionals sustainability officers and reporting specialists to understand implement and effectively communicate sustainability and climate-related financial information in alignment with global standards. Participants will learn through lectures case studies group discussions and practical exercises.

Objective
By the end of this courseparticipants will be able to:

Understand the principles and requirements of IFRS S1 and S2 Standards.
Apply these standards in preparing sustainability and climate-related financial disclosures.
Integrate sustainability information into financial reporting and decision-making processes.
Assess and communicate the impact of sustainability issues on financial performance and positions.
Navigate the challenges and opportunities in sustainability reporting.

Who Should Attend

Financial reporting and accounting professionals seeking to incorporate sustainability disclosures into their reporting processes.
Sustainability officers and environmental, social, and governance (ESG) specialists looking to understand sustainability-related financial reporting standards.
Corporate executives and board members are responsible for overseeing sustainability reporting.
Auditors and consultants providing services related to sustainability reporting and assurance.
Regulators and policymakers are interested in the latest developments in sustainability reporting standards.

Course Outlines
Day 1: Introduction to IFRS Sustainability Disclosure Standards

Overview of the IFRS Foundation's role in sustainability reporting.
Introduction to IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information.
Key principles and scope of IFRS S1.

Day 2: Deep Dive into IFRS S1

Detailed examination of disclosure requirements under IFRS S1.
Materiality assessment for sustainability-related financial information.
Preparing and presenting sustainability-related financial disclosures.

Day 3: Introduction to IFRS S2 and Climate-related Disclosures

Overview of IFRS S2: Climate-related Disclosures.
Understanding the framework for climate-related financial disclosures.
Scope objectives and key requirements of IFRS S2.

Day 4: Applying IFRS S2 in Practice

Strategies for assessing and disclosing climate-related risks and opportunities.
Scenario analysis in the context of climate-related financial disclosures.
Practical considerations for implementing IFRS S2.

Day 5: Integrating IFRS S1 and S2 into Corporate Reporting

Consolidating sustainability and climate-related disclosures with financial statements.
Communicating sustainability and climate-related financial information to stakeholders.
Future trends and developments in sustainability reporting.

Cost: 4900 USD

Duration: 5 Days

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

Certificate in IFRS - LEORON Professional Development Institute , Saudi Arabia, UAE, Dubai, Abu Dhabi, Riyadh, Jeddah, Muscat,Dubai,Muscat,Azerbaijan,Georgia,Kazakhstan,Oman,United Arab Emirates

Wed, 26 Feb 2020 15:40:06 +04

International Financial Reporting (IFRS) is the indisputably global solution for any country in the world to integrate into the international capital markets. There is virtually no room for a local solution in this category, and an increasing number of entities are moving to IFRS. Access to capital from both the domestic and international arena is inextricably linked to the integrity and international credibility of financial reporting.
The IFRS standard setters have been pursuing a process of revamping standards to improve global financial reporting and this course provides a foundation knowledge of the core concepts and principles of IFRS reporting standards.
This is an introductory course on how IFRS financial statements are compiled and put together. No previous IFRS knowledge is required. Basic accounting concepts will be reviewed on the course for those delegates that have minimal accounting background, or their studies of accounting were not recent and require a refresher.
The objective of the course is for delegates to gain an understanding of all the core IFRS reporting standards with an emphasis on their application. Examples and case studies in this course are targeted for delegates with minimal or no experience in IFRS.

Cost: 5670 USD

Duration: 5 Days

IFRS 9: Financial Instruments - LEORON Professional Development Institute , Dubai

Wed, 26 Feb 2020 15:07:16 +04

The course will present overview for the Recognition of financial instruments, classification and measurement, impairment, de-recognition and hedge accounting as per the guidance stated in IFRS 9.

COURSE OUTLINE

Introduction
Definitions and scope
Financial assets - classification
Financial liabilities - classification
Measurement
Impairment
Hedge Accounting
Transition

WHO SHOULD ATTEND?
This highly practical and interactive course has been specifically designed for:

Financial Accountants
Chief Accountants
Finance Managers
CFOs
Asset/Liability Management
Balance Sheet Management

Cost: 1390 USD

Duration: 2 Days

IFRS 9 Financial Instruments - GBA -Professional London Training Center , Australia, Germany, India, Netherlands, Turkey, UAE, United Kingdom, Dubai, Delhi, Mumbai, Sydney, London, Istanbul, Frankfurt, Munich,Dubai,Mumbai,United Kingdom

Fri, 19 Apr 2019 16:01:22 +04

Course overview
Currently, IFRS consists of two principles-based standards, IAS 18 Revenue and IAS 11 (Construction Contracts) and three IFRS Interpretations. These were criticized for failing to provide adequate guidance on application - they have been described as 'vague and inconsistent'. The IASB and the US Financial Accounting Standards Board (FASB) collaborated on a project to develop improved, converged standards for revenue.

Preparers must develop a policy for measuring the amount and timing for recognizing revenue for goods and services. Revenue is a key performance indicator that drives the recognition of expenses and profits and valuation of an entity.

The IASB's standard, IFRS 15 is mandatory for periods beginning on or after 1 January 2018 with early application permitted.

IAS 16 focused on identifying when a lease is economically similar to purchasing the asset being leased and therefore classified as a finance lease. All other assets were classified as operating leases and not reported on a company's balance sheet (they were 'off balance sheet leases').

The absence of information about leases on the balance sheet meant that investors and analysts did not have a complete picture of the financial position of a company, and were unable to properly compare companies that borrow to buy assets with those that lease assets, without making adjustments. In 2005, the US Securities and Exchange Commission (SEC) expressed concerns about the lack of transparency of information about lease ;

Responding to those concerns, the IASB and the FASB initiated a project to improve the accounting for leases. IFRS 16 is effective for annual reporting periods beginning on or after 1 January 2019.

IFRS 9 is the new accounting standard for financial instruments that will have an impact on International banks and financial institutions worldwide. Numerous changes are in place, designed to make annual reports more meaningful to investors as well as simplify how auditors implement the rules and introduce safeguards to ensure that a severe credit crises cannot emerge again.

IAS 39 has been replaced with a new standard IFRS 9, which removes the restrictions and accounting anomalies contained in IAS 39 improving the reporting standards and transparency. Many of the users of financial statements told the IASB that the requirements in IAS 39 were difficult to understand, apply and interpret.

IFRS 9 sets out the requirements for recognising and measuring financial assets, financial liabilities and come contracts to buy or sell non-financial assets.

IFRS 17 is effective for annual reporting periods beginning on or after 1 January 2021 with earlier application permitted as long as IFRS 9 and IFRS 15 are also applied.

Insurance contracts combine features of both a financial instrument and a service contract. In addition, many insurance contracts generate cash flows with substantial variability over a long period. To provide useful information about these features, IFRS 17:

combines current measurement of the future cash flows with the recognition of profit over the period that services are provided under the contract;
presents insurance service results (including presentation of insurance revenue) separately from insurance finance income or expenses; and
requires an entity to make an accounting policy choice of whether to recognise all insurance finance income or expenses in profit or loss or to recognise some of that income or expenses in other comprehensive income.

This course will focus on the requirements of the new standards, IFRS 9, IFRS 15, IFRS 16 and IFRS 17.

Course objectives

Learn the scope of the new revenue recognition standard
Apply the five steps to recognise revenue
Understand the required changes to measurement of revenue
Plan how to implement the transition
Identify new presentation and disclosure requirements
Comply with the new accounting and disclosure requirements for leases
Analyse contracts to determine whether they contain leases
Apply the rules for initial and subsequent measurement by lessors and lessees
Plan for the implications of the new accounting standards for leases - what it means for you
Understand how IFRS 9 is developed and implemented in practice
Identify practical implementation issues together with solutions
See how the standard can be implemented in practice in a simplified and effective manner.
Better understanding of hedge accounting requirements

Cost: 5000 USD

Duration: Upto 5 Days

IFRS 16 Leases - GBA -Professional London Training Center , Australia, Germany, India, Netherlands, Turkey, UAE, United Kingdom, Dubai, Delhi, Mumbai, Sydney, London, Istanbul, Frankfurt,Dubai,Mumbai,United Kingdom

Fri, 19 Apr 2019 15:59:36 +04

Currently IFRS consists of two principles-based standards, IAS 18 Revenue and IAS 11 (Construction Contracts) and three IFRS Interpretations. These were criticised for failing to provide adequate guidance on application - they have been described as 'vague and inconsistent'. The IASB and the US Financial Accounting Standards Board (FASB) collaborated on a project to develop improved, converged standards for revenue.
Preparers must develop a policy for measuring the amount and timing for recognising revenue for goods and services. Revenue is a key performance indicator that drives the recognition of expenses and profits and valuation of an entity.

The IASB's standard, IFRS 15 is mandatory for periods beginning on or after 1 January 2018 with early application permitted.

IAS 16 focused on identifying when a lease is economically similar to purchasing the asset being leased and therefore classified as a finance lease. All other assets were classified as operating leases and not reported on a company's balance sheet (they were 'off balance sheet leases').

The absence of information about leases on the balance sheet meant that investors and analysts did not have a complete picture of the financial position of a company, and were unable to properly compare companies that borrow to buy assets with those that lease assets, without making adjustments. In 2005, the US Securities and Exchange Commission (SEC) expressed concerns about the lack of transparency of information about lease ;

Responding to those concerns, the IASB and the FASB initiated a project to improve the accounting for leases. IFRS 16 is effective for annual reporting periods beginning on or after 1 January 2019.

IFRS 9 is the new accounting standard for financial instruments that will have an impact on International banks and financial institutions worldwide. Numerous changes are in place, designed to make annual reports more meaningful to investors as well as simplify how auditors implement the rules and introduce safeguards to ensure that a severe credit crises cannot emerge again.

IAS 39 has been replaced with a new standard IFRS 9, which removes the restrictions and accounting anomalies contained in IAS 39 improving the reporting standards and transparency. Many of the users of financial statements told the IASB that the requirements in IAS 39 were difficult to understand, apply and interpret.

IFRS 9 sets out the requirements for recognising and measuring financial assets, financial liabilities and come contracts to buy or sell non-financial assets.

IFRS 17 is effective for annual reporting periods beginning on or after 1 January 2021 with earlier application permitted as long as IFRS 9 and IFRS 15 are also applied.

Insurance contracts combine features of both a financial instrument and a service contract. In addition, many insurance contracts generate cash flows with substantial variability over a long period. To provide useful information about these features, IFRS 17:

combines current measurement of the future cash flows with the recognition of profit over the period that services are provided under the contract;
presents insurance service results (including presentation of insurance revenue) separately from insurance finance income or expenses; and
requires an entity to make an accounting policy choice of whether to recognise all insurance finance income or expenses in profit or loss or to recognise some of that income or expenses in other comprehensive income.

This course will focus on the requirements of the new standards, IFRS 9, IFRS 15, IFRS 16 and IFRS 17.

Course objectives

Learn the scope of the new revenue recognition standard
Apply the five steps to recognise revenue
Understand the required changes to measurement of revenue
Plan how to implement the transition
Identify new presentation and disclosure requirements
Comply with the new accounting and disclosure requirements for leases
Analyse contracts to determine whether they contain leases
Apply the rules for initial and subsequent measurement by lessors and lessees
Plan for the implications of the new accounting standards for leases - what it means for you
Understand how IFRS 9 is developed and implemented in practice
Identify practical implementation issues together with solutions
See how the standard can be implemented in practice in a simplified and effective manner.
Better understanding of hedge accounting requirements

Cost: 5000 USD

Duration: 5 Days

IFRS 15 Revenue Contracts with Customers - GBA -Professional London Training Center , Australia, Germany, India, Netherlands, Turkey, UAE, United Kingdom, Dubai, Delhi, Mumbai, Sydney, London, Istanbul, Frankfurt, Munich,Dubai,Mumbai,United Kingdom

Fri, 19 Apr 2019 15:56:31 +04

Currently, IFRS consists of two principles-based standards, IAS 18 Revenue and IAS 11 (Construction Contracts) and three IFRS Interpretations. These were criticized for failing to provide adequate guidance on application - they have been described as 'vague and inconsistent'. The IASB and the US Financial Accounting Standards Board (FASB) collaborated on a project to develop improved, converged standards for revenue.

Preparers must develop a policy for measuring the amount and timing for recognising revenue for goods and services. Revenue is a key performance indicator that drives the recognition of expenses and profits and valuation of an entity.

The IASB's standard, IFRS 15 is mandatory for periods beginning on or after 1 January 2018 with early application permitted.

IAS 16 focused on identifying when a lease is economically similar to purchasing the asset being leased and therefore classified as a finance lease. All other assets were classified as operating leases and not reported on a company's balance sheet (they were 'off balance sheet leases').

The absence of information about leases on the balance sheet meant that investors and analysts did not have a complete picture of the financial position of a company, and were unable to properly compare companies that borrow to buy assets with those that lease assets, without making adjustments. In 2005, the US Securities and Exchange Commission (SEC) expressed concerns about the lack of transparency of information about lease ;

Responding to those concerns, the IASB and the FASB initiated a project to improve the accounting for leases. IFRS 16 is effective for annual reporting periods beginning on or after 1 January 2019.

IFRS 9 is the new accounting standard for financial instruments that will have an impact on International banks and financial institutions worldwide. Numerous changes are in place, designed to make annual reports more meaningful to investors as well as simplify how auditors implement the rules and introduce safeguards to ensure that a severe credit crises cannot emerge again.

IAS 39 has been replaced with a new standard IFRS 9, which removes the restrictions and accounting anomalies contained in IAS 39 improving the reporting standards and transparency. Many of the users of financial statements told the IASB that the requirements in IAS 39 were difficult to understand, apply and interpret.

IFRS 9 sets out the requirements for recognising and measuring financial assets, financial liabilities and come contracts to buy or sell non-financial assets.

IFRS 17 is effective for annual reporting periods beginning on or after 1 January 2021 with earlier application permitted as long as IFRS 9 and IFRS 15 are also applied.

Insurance contracts combine features of both a financial instrument and a service contract. In addition, many insurance contracts generate cash flows with substantial variability over a long period. To provide useful information about these features, IFRS 17:

combines current measurement of the future cash flows with the recognition of profit over the period that services are provided under the contract;
presents insurance service results (including presentation of insurance revenue) separately from insurance finance income or expenses; and
requires an entity to make an accounting policy choice of whether to recognise all insurance finance income or expenses in profit or loss or to recognise some of that income or expenses in other comprehensive income.

This course will focus on the requirements of the new standards, IFRS 9, IFRS 15, IFRS 16 and IFRS 17.

Cost: 5000 USD

Duration: Upto 5 Days

IFRS Fundamentals Comprehensive Workshop - Convertas , Dubai

Tue, 30 May 2017 19:29:04 +04

Objective

Apply the requirements of the standards to prepare IFRS compliant financial statements, including the determination of appropriate accounting policies and identification of necessary disclosures
Define the process of transitioning to IFRS and identify the first time adoption exemptions and exceptions Explain how the recognition and measurement principles of the IASB's Framework apply within each accounting standard
List the standards that require or permit the use of fair value measurement, identify how fair value is measured and specify where
the fair value changes are recognized
Apply the new proposed standards on revenue, leases and financial instruments

Outline

Introduction to IFRSs

Brief history of IFRSs
Conceptual Framework
Fair value measurement (IFRS 13)

Content of IFRS Financial Statements

Presentation of financial statements (IAS 1)
Statement of cash flows (IAS 7)
Accounting policies, changes in accounting estimates and errors (IAS 8)
Events after the reporting period (IAS 10)
Operating segments (IFRS 8)
Related party disclosures (IAS 24)
Earnings per share (IAS 33)
Interim financial reporting (IAS 34)
Discontinued operations (IFRS 5)

Assets

Inventories (IAS 2)
Property, plant & equipment (IAS 16)
Borrowing costs (IAS 23)
Intangible assets (IAS 38)
Investment property (IAS 40)
Impairment of assets (IAS 36)
Non-current assets held for sale (IFRS 5)
Fixed Assets

Liabilities

Leases (IAS 17, SIC-27, and IFRIC 4)

Update on IFRS 16 Leases

Employee benefits (IAS 19)
Provisions, contingent liabilities and contingent assets (IAS 37)
Share-based payment (IFRS 2)

Financial Instruments

Financial assets and liabilities, hedging and
derivatives (IAS 32, IAS 39, IFRS 9)
Financial instrument disclosures (IFRS 7)

Income Taxes

Income taxes (IAS 12)

Revenues

Revenue Recognition
Revenue (IAS 18, IFRIC 13 and 18)
Construction contracts (IAS 11)
Revenue from Contracts with Customers (IFRS 15)
Foreign Currency Issues
The effects of changes in foreign exchange rates (IAS 21)

Cost: 3995 USD

Duration: 5 Days

- - Saad Allah Management Training & Consultancy , Dubai,Abu Dhabi,United Arab Emirates

Tue, 23 May 2017 13:25:57 +04

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purchases orders
enter bills
pay bills
electronic bill pay
write checks
void checks
credits and returns
reports

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Quotes and proposals
Sales orders
Sales invoices
Receive money
Bank Deposits
Sales Tax
credits and returns
reports

Cost: 2500 AED

Duration: 4 Days

Certificate in IFRS - LEORON Professional Development Institute , Dubai

Mon, 31 Aug 2015 17:57:48 +04

The IFRS standards are being developed on an ongoing basis and accounting professionals need to be aware of the introduction of new standards and the modifications to the existing standards. This program is designed to provide an understanding of the way the standards have come into existence, their importance in the standardization of reporting systems throughout the world, and the road to convergence for those countries that have not yet adopted the IFRS.
The program considers recently introduced standards as well as the recent IFRIC interpretations including IFRIC 9. Parallels with the IFRS, US GAAP and local standards, including SOCPA, will be discussed where relevant. The program also contains an in-depth analysis of the most important new development which is the promulgation of the IFRS for Small to Medium Size Enterprises (SMEs). These standards have been developed specifically for the SME sector which represents 90+% of all entities. They are currently being sanctioned by most IFRS adopting countries.
What will I learn?

IASB Structure and Operations
IFRS 1: First Time Adoption of IFRS
Financial Statement Presentation (IAS ; IFRS 2, 5)
Measuring Financial Performance (IAS ; IFRS 2)
Business Combinations (IFRS 3)
Consolidations Including Foreign Currency Issues (IAS , IFRS 10)
Segmental Reporting (IAS 14, IFRS 8)
Revenue Recognition (IAS 11, 18) and NOW IFRS 15
Intangible Assets (IAS 38)
Liabilities, Provisions and Contingencies (IAS )
Employee Benefits (IAS 19)
Full Analysis of the following recent/new standards

Target Audience

Chief Accountants
Group Finance Directors
Heads of Finance
Finance Managers
Financial Controllers
Accountants
Management Accountants
Executive Directors of Finance
Heads of Accounting and Administration
Finance and Information Systems Managers
Financial Analysts
Auditors

What will I benefit?

Successful completion of this course makes you a CIFRSSTM Certified IFRS Specialist.
You can use the designation CIFRSSTM on your business card and resume.
Up to 18 months' membership to the IABFM professional body
Completion of a program fully endorsed by a panel of industry Subject Matter Experts (SMEs)
Access to the IABFM network and body of information online
Preferred access to education centers in USA, UK, Europe, Asia, Middle East and Latin America
Access to the IABFM journal published online. Gold Embossed Certificate with your name and designation as MIABFM (Member of the International Academy of Business and Financial Management
You will gain an appreciation of the objectives of the IASB and the importance of its role in the area of financial reporting
You will know the principle standards and the method of reporting required by those standards
You will gain an understanding of the requirements of the new reporting standards due for implementation in 2017
You will appreciate that the new standards may have an impact on the financial performance of the organisation.

Cost: 5670 USD

Discount: 56% Off for Laimoon Users!

Duration: 5 Days