International Finance Reporting Standards for Business (IFRS)

Includes: Virtual Instructor Led Lessons with case studies.
Delivery Methodology:Live Online (VILT) or Classroom ILT – check schedule
Price: 299 USD 229 USD (25% Special discount, Limited time offer!)
Language: English

International Finance Reporting Standards for Business (IFRS)

Price: 299 USD $229 USD (25% Special discount, Limited time offer!)
Delivery Methodology: VILT or ILT
Your Advantage: 

  • Flexible & Customizable Training Schedule (VILT or ILT)
  • Pre-Classroom Preparation Content.
  • Lessons: 16 Hrs Training, Flexible Training Schedule.
  • Training Material availed to students for reference.
  • Accredited, Approved and Recognized as a training organization.
  • Industry Expert Instructors, Regularly Updated Content.
  • Practical Case studies / Modelling /Simulation/ real-life Problem-solving sessions.
  • This program is NITA accredited.
  • Course completion certificate for participants.
  • Post Training follow up Action Plan based on Course learnings.

International Finance Reporting Standards for Business (IFRS) Request for Info: 

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    Course Overview

    International Financial Reporting Standards (IFRS) provide a uniform accounting language that spans the globe. Understanding IFRS is critical for financial professionals and accounting practitioners who work across different jurisdictions and markets. The course provides knowledge of IFRS standards and their practical application, with the goal of equipping learners in interpreting financial statements prepared under IFRS standards. Whether you are a financial analyst, accountant, auditor or consultant, this IFRS course will help you develop expertise in global financial reporting. You will learn how to prepare financial statements, manage accounting processes, and report results in compliance with IFRS standards.

    Program Outcomes

    Below are the expected outcomes for the IFRS training:

    • Develop a practical understanding of the application of IFRS standards across different industries.
    • Identify and apply the conceptual framework of financial reporting in preparation and presentation of financial statements in compliance with IFRS standards.
    • Gain ability to address complex accounting issues and assess impact on financial accounts in compliance with IFRS standards.
    • Understand how to identify and measure fair value in compliance with IFRS standards.
    • Develop expertise in the interpretation and analysis of financial statements prepared under IFRS standards.

    What you will get

    • Pre- Classroom Preparation Content.
    • 16 Hrs of Instructor Led Training lessons.
    • Flexible Training Schedule based on your convenience – Virtual Instructor Led Training (VILT) or Classroom Instructor Led Training (ILT)
    • Participatory & Interactive methods with practical Case studies.
    • Training Certificate issued after course.
    • Consistent and high-quality training delivery customized to your specific industry with relevant examples and case studies.
    • Participants receive a course completion certificate.
    • NITA accredited programs.
    • Industry Expert Instructors, Regularly Updated Content.
    • Case studies / Modelling /Simulation/ real-life Problem-solving sessions.
    • Post training follow up action plan.

    You will receive a Certificate like this one on completion of the program.

    Why KnowledgeSpace Training and Consulting?

    • Modern Learning Management System: Our cloud-based device-enabled learning platform supports self-paced, mentor guided, and instructor led learning.
    • Strong Partnerships: We have strategic Partnerships with renowned international organizations for unrivalled training platforms and content.
    • Modern Delivery Methodology: Enhanced course delivery techniques comprising of: Assessments, test preps, Labs, Instructor led training, Self-paced online Training and Blended Solutions
    • Practical Courses: Courses and labs complete with Pre-Assessments, Exercises, Flashcards, Quizzes, and Post Assessments. Our Hands-on labs are virtual and live environments where students learn by doing.
    • Customer Centricity: We listen to you. You are at the epicenter of what we do. Therefore, you ultimately determine the services you receive from us. We have maintained a Customer Satisfaction rating of 99%. This is a testament to the quality of courses that we deliver.
    • Certified Training Experts: Our training team consists of Certified industry experts who facilitate your learning experience.

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    Syllabus – View Detailed Course information here.

    Module 1: Introduction to IFRS

    • Overview of IFRS.
    • Historical background and development.
    • Benefits of IFRS for businesses.

    Module 2: Core IFRS Standards

    • IFRS 1: First-time adoption.
    • IFRS 9: Financial instruments.
    • IFRS 15: Revenue from contracts with customers.
    • IFRS 16: Leases

    Module 3: Beyond the Core Standards

    • IFRS 2: Share-based payments.
    • IFRS 3: Business combinations.
    • IFRS 5: Non-current assets held for sale and discontinued operations.
    • IFRS 7: Financial instruments: Disclosures.
    Module 4: Implementation of IFRS
    • Best practices for implementing IFRS.
    • Understanding the impact of IFRS on financial statements.
    • Challenges in implementing IFRS.
    • Case studies and practical examples.

    Module 5: Comparison of IFRS and GAAP

    • Overview of Generally Accepted Accounting Principles (GAAP).
    • Key differences between IFRS and GAAP.
    • Impact of GAAP on financial statements.
    • Case studies and practical examples.

    This course can be customized to fit the specific needs of the attendees and the company or industry they operate in.

    Get the detailed Course Datasheet here.

    Below are some of the career paths and potential opportunities after taking the IFRS Course.

    • Financial Analyst
    • Accounting Manager
    • Compliance Analyst
    • Audit Senior
    • Corporate Controller
    • Investment Banker
    • Financial Consultant
    • Senior Accountant
    • Budget Analyst
    • Financial Reporting Specialist

    Keep in mind that the availability of careers may depend on factors such as education, experience, and location.

    It’s preferred that one understands basic accounting and finance concepts. It is recommended to have prior knowledge and understanding of financial statements, balance sheets, income statements, and cash flow statements. Additionally, a general understanding of accounting principles and practices such as Generally Accepted Accounting Principles (GAAP) would be helpful.

    A Course completion Certificate issued on completion of the course.

    • Are your courses Accredited? Yes, all our courses are accredited by the respective Certification organization.
    • Do you provide a course completion certificate? Yes, we provide a Course Completion Certificate for all training courses.
    • Do you provide group discounts? Yes, we do. Pls Talk to us to Enquire.
    • After enrolling for the training Course from KnowledgeSpace, how can I get clarification for my course related questions? We have a team of expert trainers on hand to help with your questions. Contact us at hello@Kspacetc.com for any questions.
    • What happens after paying for a course? You will receive your course access credentials via email within 24 hrs of purchase, typically earlier than this.
    • Can I get an extension of my access after expiry? Yes, this is possible. There will be a small cost attributed to this. Feel free to Contact Us for specific extension requests.
    • Can KnowledgeSpace Deliver inhouse / Corporate Training? Yes, our exceptional in-house delivery staff work incessantly to provide training to clients who wish to have the convenience and comfort of working within their familiar surroundings. Contact Us to inquire about Corporate Training.
    • I am unable to find the course that I’m looking for. Please Contact Us and we will be happy to help guide you based on your career aspirations.
    • Can you customize Training based on a company’s requirements? Yes, we have subject matter experts who will work according to your company requirements. We can customize our existing courses or develop a new course from scratch based on your input and pain points.
    • What delivery method I can choose for the Training courses? You can choose below delivery method according to your requirement:
      • Online: If you want to learn at your own pace and at any time in the day or night.
      • Online/Instructor-led or virtual: If you want to learn virtually from the instructor in the comfort of your home.
      • Classroom: If you want to attend training in the KnowledgeSpace venue.
      • Onsite/Corporate: If you are looking for a training solution for your employees or company.
    • What if I have more questions? Please Contact us with any questions you may have.

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    Bespoke/Custom Training

    We can also deliver and customize this training course for larger groups – saving your organization time, money & resources. For more information, please Contact Us or call us on +254702555333.

    Please check out our Scheduled Training Plan for courses you can enroll.  

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