Cambridge
Academy
In London

Course Duration: Ten training days

Course Language : Arabic or English

Include:

Scientific material with TAB

Workshops

Reception and farewell at the airport

Daily lunch

Coffee Break

To register, please contact us by email.

info@caclo.co.uk

Training Objectives :

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

• Understand how to use International Financial Reporting Standards (IFRS) worldwide.

• Explain how the International Accounting Standards Board (IASB) works and how it sets standards.

• Study the basic needs of IFRS one by one.

• Evaluate and account for transactions affecting current assets and liabilities and non-current assets and liabilities

• Current, income, and expenditure in accordance with IFRS

• Application of professional provisions when applying IFRS in matters related to non-recurring business transactions

• Guiding staff and management on how to use IFRS in practise

Target groups:

If you are a chartered accountant or auditor and seek to enhance your knowledge of international accounting, this course is for you. You do not need any formal experience or qualifications in accounting or auditing to obtain this certification.

Course Themes:

• Nature and operations of the International Accounting Standards Board (IASB)

• Origin of the International Accounting Standards Board (IASB)

• IFRS Foundation

• International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) currently in place.

• Conceptual framework for financial reporting

• Current status of the use of IFRS around the world

• A brief summary of the adoption of IFRS in different countries

• Evolution of the International Accounting Standards Board (IASB) and the International Financial Reporting Standards (IFRS)

• International Financial Reporting Standards (IFRS) and SMEs

• Offer and benefits

• IAS 1 View financial statements

• IFRS 15 Return on Customer Contracts

• IAS 8 Accounting Policies and Changes and Errors in Accounting Estimates

• Accounting Rules for Asset and Liability Management, Part 1

• IAS 16 Real Estate, Plants, and Equipment

• IAS 38 Intangible assets

• IAS 40 Investment Real Estate

• IAS 36 depreciation of assets

• IAS 23 Borrowing Costs

• IAS 20 Accounting Rules for Government Grants and Disclosure of Government Aid

• IAS 2 inventory and inventories

• IFRS 16 leases

• IFRS 5 Non-current assets held for sale and stalled operations

• Accounting Rules for Asset and Liability Management, Part 2

• IFRS 13 fair value metrics

• IFRS 32 Financial Instruments: Presentation

• IFRS 9 Financial Instruments

• IFRS 7 Financial Instruments: Statements

• IAS 37 Potential liabilities, commitment, and assets

• IAS 10 Post-reporting events

• IAS 19 Employee Benefits

• IAS 12 Income Taxes

• IFRS 2 Stock Payments

• IAS 41 Agriculture

• IFRS 6 Mining Wealth Exploration and Valuation

• Accounting rules for groups

• IFRS 10 Consolidates Financial Statements

• IAS 27 (2011 rate): Separation of Financial Statements

• IFRS 3 Business Integration

• (IAS 28 rate 2011) Investments and joint ventures

• IFRS 11 Joint Actions

• IFRS 12 Statements of Interest in Other Bodies

• IAS 21 Implications of Changes in Foreign Exchange Rates

• IAS 29 Preparation of financial reports for economies with a high inflation rate

• Disclosure criteria

• IAS 7 cash flow statements

• IAS 24 Interested Party Statements

• IAS 33 stock earnings

• IAS 34 Interim Financial Reports

• IFRS 4 Insurance Contracts

• IFRS 1 adopts the first-time use of IFRS

• IFRS 8 Operating Sectors

• Key differences between UK and US accounting rules and IFRS

• Current problems with IFRS