Learn 3 Financial Reporting Standards in 30 Minutes
What you'll learn
- This course aims at teaching Financial Reporting based on IFRS (International Financial Reporting Standards).
- IFRS (International Financial Reporting Standards)
- Financial Reporting
- Recognition, Measurement, Presentation and Disclosure requirements
- IAS 21 — The Effects of Changes in Foreign Exchange Rates
- IAS 23 — Borrowing Costs
- IAS 37 — Provisions, Contingent Liabilities and Contingent Assets
Requirements
- Finance background
Description
This course is the first of a four course series on selected International Financial Reporting Standards. The series is a complete course on financial reporting based on International Financial Reporting Standards (IFRS). It is a complete guide kit for those who want to learn financial reporting (IFRS).
In this course, there are more than xxxx hours of video lectures and a number of resources for participants to go through.
Participants develop knowledge and skills in understanding and applying the selected accounting standards and the theoretical framework in the preparation of financial statements of entities. It also assists entities and professionals who are adopting IFRS for the first time apply the standards in their organizations.
TOPIC LIST
Conceptual Framework
The Effects of Changes in Foreign Exchange Rates (IAS 21)
Borrowing Costs (IAS 23)
Provisions, Contingent Liabilities, and Contingent Assets (IAS 37)
The remaining three courses of this four part course series will cover:
Fair Value Measurement (IFRS 13)
Inventory (IAS 2)
First-time Adoption of International Financial Reporting Standards (IFRS 1)
Property, Plant and Equipment (IAS 16)
Employee Benefits (IAS 19)
Leases (IFRS 16)
Financial Instruments (IFRS 9)
Income Taxes (IAS 12)
Presentation of Financial Statements (IAS 1)
Events After the Reporting Period (IAS 10)
Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8)
Revenue From Contracts With Customers (IFRS 15)
Statements of Cash Flows (IAS 7)
Impairments (IAS 36) and
Interim Reporting (IAS 34)
Who this course is for:
- ACCA students
- First Time IFRS adopters
- Working professionals responsible for preparing financial statements based on IFRS - International Financial Reporting Standards
Course content
- Preview01:51
- 10:21IFRS background and the Conceptual Framework
Instructor
A qualified accounting and finance professional with ten years of extensive experience in diversified industry sectors such as oil, auditing, consulting and entrepreneurship.
I have a demonstrated history of working in the consulting industry in companies like Ernst & Young and Orbit Consulting.
Skilled in Financial Statement Preparation (IFRS), Ethiopian Tax Law Consulting, Financial Management, Performance Management and Internal Control reviews.