International Financial Reporting Standards – IFRS
Course Description
There are currently over 165 countries that require or permit the use of IFRS for listed companies. The correct adoption of IFRS promises organisations in all the sectors many benefits including greater consistency, comparability and transparency of financial reporting resulting in enhanced investor confidence across the globe. This five-day comprehensive workshop focuses on the application of principles in the most commonly used IFRS Accounting Standards. There will be use of illustrations, real-life financial statements and case studies to understand the application and impact of IFRS principles. The course also covers the new IFRS Accounting Standards – IFRS 18 Presentation and Disclosure in Financial Statements and IFRS 19 Subsidiaries without Public Accountability: Disclosures. This will help participants plan for upcoming changes. In addition, we will review the focus areas of key regulators globally, including the effects of climate-related matters on the financial statements.
The Training Course Will Highlight ?
Training Objective

By the end of this course, delegates will:


• Obtain an in-depth understanding of the principles in the most commonly used IFRS Accounting
Standards as applicable to corporates and financial institutions
• Evaluate the impact on financial statements of the application of IFRSs, including new IFRS accounting
standards and recent changes to existing standards
• Review the expectations on reporting matters related to the effects of climate change
• Evaluate the focus areas of key global regulators
• Analyse and interpret IFRS financial statements

Target Audience

The workshop will be useful for staff in finance department, internal and external auditors, regulators, financial
and credit analysts who review financial statements and sustainability reports.
A basic understanding of accounting as per any local GAAP is a pre-requisite

Training Methods

• We facilitate learning through a combination of techniques listed below:
• Pre-workshop questionnaire for participants to confirm their expectations
• Presentation of core knowledge and concepts including group discussions
• Real-world case studies to enable learning by doing
• Short case studies to confirm achievement of learning outcomes

Daily Agenda

Module 1

Introduction
• Overview of IFRS


Presentation of Financial Statements
• Presentation of financial statements (IAS 1)
• Statement of cash flows (IAS 7)
• Basis of preparation of financial Statements (IAS 8)
Non-current Assets
• Property, plant and equipment (IAS 16)
• Investment property (IAS 40)
• Intangible assets (IAS 38)
• Impairment of assets (IAS 36)
• Non-current assets held for sale and discontinued operations (IFRS 5)


Module 2
Liabilities
• Provisions, contingent liabilities and contingent assets (IAS 37)
• Employee benefits (IAS 19)
• Income taxes (IAS 12)
Revenue and Costs
• Revenue from contracts with customers (IFRS 15)
• Inventories (IAS 2)


Foreign Currency
• Effects of changes in foreign exchange rates (IAS 21)
Module 3
Financial Instruments
• Presentation of financial instruments (IAS 32)
• Recognition and measurement of financial instruments (IFRS 9)
✓ Classification and measurement of financial assets and financial liabilities
✓ Modifications of financial liabilities
✓ Expected credit loss impairment model for corporates and financial institutions
✓ Overview of hedge accounting
Leases
• Lessor and lessee accounting (IFRS 16)
Module 4
Consolidation
• Business combinations (IFRS 3)
• Consolidated financial statements (IFRS 10)
• Joint arrangements (IFRS 11)
• Investments in Associates and Joint Ventures (IAS 28)
• Separate Financial Statements (IAS 27)


IFRS Updates
• Presentation and Disclosure in Financial Statements (IFRS 18 effective from 2027)
✓ Key changes from IAS 1 Presentation of Financial Statements
• Subsidiaries without Public Accountability: Disclosures (IFRS 19)
• Amendments to IFRS Accounting Standards for 2025 and onwards
• Focus areas of key global regulators, including the effects of climate-related matters on IFRS financial
statements
• ·Overview of current IASB projects

Accreditation

BTS attendance certificate will be issued to all attendees completing minimum of 75% of the total course duration.

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Course Rounds : (5 -Days)


Code Date Venue Fees Register
ACC159-01 06-04-2025 Dubai USD 5450
ACC159-02 22-06-2025 Cairo USD 5450
ACC159-03 28-07-2025 Istanbul USD 5950
ACC159-04 16-11-2025 Dubai USD 5450
Prices doesn't include VAT

UpComing Date


Details
  • Start date 06-04-2025
  • End date 10-04-2025

Venue
  • Country UAE
  • Venue Dubai

Quality Policy

 Providing services with a high quality that are satisfying the requirements
 Appling the specifications and legalizations to ensure the quality of service.
 Best utilization of resources for continually improving the business activities.

Technical Team

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Strengths and capabilities

Since BTS was established, it considered a training partner for world class oil & gas institution

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