Certificate in International Financial Reporting (CertIFR):
Duration: 36 Hours
Objective:
The CertIFR is designed to help you understand how International Financial Reporting Standards (IFRS) are used around the world, to explain how the International Financial Reporting Standards Foundation (IFRSF) / International Accounting Standards Board (IASB) work and how these are being changed, to examine the fundamental requirements of IFRS on a standard-by-standard basis and also to provide guidance on how to use IFRS in practice.
Course Outline:
- The nature and operations of the IASB
- The status and use of IFRS around the world
- Presentation and profit
- Accounting of assets and liabilities – Part 1
- Accounting of assets and liabilities – Part 2
- Group accounting
- Disclosure standards
- Principle differences between UK/US GAAP and IFRS
- Current issues in IFRS standards