Description
Objectives
At the end of the training, the participants will be able to:
understand the basic concepts and rules of IFRS
apply the IFRS rules in practice
prepare a set of financial statements in accordance with IFRS
Programme
- IFRS Standards - presentation and application
- General information on IAS/IFRS, objectives, characteristics
- Presentation standards:
- Presentation of financial statements (IAS 1, 7, 8, 10, ...)
- Consolidation (IAS 27, 28, IFRS 3, IFRS 10)
- Recording, processing, and reporting business transactions and events in accordance with international financial reporting standards including:
- Non-financial assets: inventory, fixed assets, intangible assets. Recognition, measurements and derecognition as well as impairment, depreciation and amortisation techniques.
- Non-financial liabilities: basic understanding of leases (IFRS 16), provisions and contingent liabilities.
- Financial liabilities: basic understanding of loans (IFRS 9).
- Revenue, taxes, and the effects of changes in foreign exchange rates: IFRS 15, IAS 12 and IAS 21.
Target Audience
This training is for you if you are looking to have a general overview of IFRS, understand some of their most common concepts and be able to apply them in practice.
Prerequisites
No previous IFRS experience required. A solid accounting knowledge is a must.
Conditions
Support de cours
Pour des raisons de respect de l'environnement veuillez noter qu'aucun support papier ne vous sera fourni lors de votre formation. Votre support de cours peut être téléchargé gratuitement avant le début du cours via notre portail client (télécharger ici le guide du portail client). Vous pourrez ainsi le consulter sur l’écran de votre appareil mobile ou l'imprimer en cas de besoin. Si votre inscription a été effectuée par un responsable formation de votre entreprise veuillez le contacter pour qu'il puisse vous y donner accès ou vous l'envoyer.
Certificate
At the end of the training, the participants will receive a certificate of attendance delivered by the House of Training.
Location
L-1615 Luxembourg
Luxembourg