International Financial Reporting Standards - IFRS

 

Introduction:

The growing global acceptance of IFRS as a basis for the preparation of financial statements of large and medium sized entities creates a need for an increasing group of professionals to gain knowledge and experience of these standards. Even those with a basic understanding of IFRS are required to constantly update their knowledge because of the fast evolution of these standards and the growing experience that practitioners require.

 

As of 2005 approximately 9000 listed European companies transferred to IFRS reporting. Russia, China, Canada, Japan, Australia, India, South Korea, Malaysia and many other countries are adopting IFRS or have plans to converge their national standards with IFRS. This course provides an answer to the continuing and growing need for information and practical guidance in relation to IFRS technical issues.

Course Objectives:

 

By the end of this course, delegates will be able to:

  • Have a good working knowledge of the most important IFRS standards so you know which principles are relevant and important to your business
  • How to move from GAAP to IFRS
  • Have a sound understanding of the issues surrounding how these standards are applied in practice so you can apply them to your own business
  • Clearly understand the reasons for the move across most of the world to IFRS and the countries that have adopted IFRS in the recent past and those that will adopt in the future

 

Who Should Attend?

Financial Managers, Senior Accountants, Accounting & Budgeting Personnel

 

Course Outline:

· Introduction to IFRS

· IFRS Basic Principles

· Financial Statement Presentation

· Disclosure Issues

· Revenue Recognition From

· Inventories

· Non-Current Assets: Recognition and Measurement

· Impairment of Assets

· Non-Financial Liabilities & Financial Instruments / Leases

· Employee Benefits

· Provisions, Contingent Liabilities and Contingent Assets

· Share-Based Payment

· Equity Settled Share-Based Payments

· Cash Settled Share-Based Payment

· Financial Instruments

· Business Combinations: Application of the Acquisition Method

· Overview of Consolidation Requirements, Associates and Joint Ventures

· New IFRS 11 Joint Arrangements

· Foreign Currency Issues

· Accounting for Income Taxes: Current and Deferred Taxes

· Overview of IFRS I First-Time Adoption of IFRS

 

COURSE LOCATIONS

Code From To City Fees
AF22 03 Feb 2020 07 Feb 2020 London US$ 5000 Register
AF22 06 Apr 2020 10 Apr 2020 Madrid US$ 5000 Register
AF22 01 Jun 2020 05 Jun 2020 Istanbul US$ 4500 Register
AF22 16 Aug 2020 20 Aug 2020 Dubai US$ 4200 Register
AF22 25 Oct 2020 29 Oct 2020 Cairo US$ 3900 Register
AF22 21 Dec 2020 25 Dec 2020 Kuala Lumpur US$ 4500 Register


DUBAI OFFICE

Ittihad Deira Building,
Al Ittihad Rd, Deira
Dubai,
UAE

info@petrogas-training.com

USA OFFICE

642 E14 Street,
10009-13 Manhattan,
New York (NY)
USA

info@petrogas-training.com

EGYPT OFFICE

52 General Kamal Hejab Street,
Suez Bridge,
Cairo,
Egypt

info@petrogas-training.com
 

COURSE CERTIFICATE

Certificate of Completion will be provided to the candidate(s) who successfully attend and complete the course. Training hours attendance percentage of 75% is required.


TRAINING HOURS

Standard course hours: 8:30 A.M. to 3:30 P.M. Informal discussions: 4:30 P.M. to 5:30 P.M.


TRAINING METHODOLOGY

We use a blend of interactive and hands-on methods, active participation, a variety of instructional techniques, dynamic presentations, individual and group exercises, in depth discussion, DVD’s, role-plays, case studies, examples. All of the information, competencies, knowledge and skills acquired within our training programs, are 100% transferrable to the participants’ workplace.


ASSESSMENT & EVALUATION

Pre-Test and Post-Test Assessment are applied on 5-day and 10-day programs. Also, post course evaluation and candidate’s evaluation are applied to add another level of quality measurement. Candidates’ feedback is highly appreciated to elevate the training service quality.


ORGANIZATIONAL IMPACT

A- Have staff trained in the latest training and development approaches

B- Support nationalization and talent management initiatives

C- Have properly trained and informed people who will be able to add value

D- Gain relevant technical knowledge, skills and competencies


PERSONAL IMPACT

A- Develop job related skills

B- Develop personal skills in subject matter

C- Have a record of your growth and learning results

D- Bring proof of your progress back to your organization

F- Become competent, effective and productive

G- Be more able to make sound decisions

H- Be more effective in day to day work by mastering job-related processes

I- Create and develop competency to perform job well


FREQUENT NOMINATIONS SCHEME

A- 10% discount after 05 candidates’ registration.

B- 15% discount after 10 candidates’ registration.    

C- 20% discount after 20 candidates’ registration.

D- 25% discount after 25 candidates’ registration.

E- 30% discount after 30 candidates’ registration

F- Higher discount rates will be offered based on work volume with different clients.  


SEVERAL NOMINATIONS ON THE SAME COURSE SCHEME

A- One extra free seat is offered on 4 candidates on the same course and dates.

B- Two extra free seats are offered on 6 candidates on the same course and dates.

C- Three extra free seats are offered on 8 candidates on the same course and dates.

D- Four extra free seats are offered on 10 candidates on the same course and dates.

E- Five extra free seats are offered on 12 candidates on the same course and dates.


REGISTRATION POLICY

Nominations to our public courses are to be processed by the client’s Training and/or HR departments. A refund will be issued back to the client in the event of course cancellation or seat unavailability. A confirmation will be issued to the relevant department official(s). 


CANCELLATION POLICY

If a confirmed registration is cancelled less than 5 working days prior to the course start date, a substitute participant may be nominated to attend the same course or a 20% cancellation charge is applied. In case of a no-show, a 100% fee will be charged.


PAYMENT POLICY

Payment is due upon receiving the course confirmation, invoice and/or proforma invoice. However; the fee due can be wire transferred to our bank account directly after course completion. Our bank details are illustrated on the confirmation, invoice and proforma invoice, as well. The above documents can be communicated electronically, i.e., in a soft copy or/and in hard copy based on customer’s request.


COPYRIGHT

© 2017. Material published by PETROGAS shown here is copyrighted. © 2017. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing in any medium, transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.