International Financial Reporting and Compliance Standards (IFRS) in

Introduction:

The International Financial Reporting Standards (IFRS) are a set of accounting standards that provide a common language for companies to communicate their financial information to stakeholders globally. This training course aims to equip experts with a comprehensive understanding of the IFRS and how to apply it in their financial reporting, operational excellence, and organizational and planning activities.

Outputs:

Upon completion of the course, participants will be able to:
- Apply the IFRS in their financial reporting activities
- Implement operational excellence practices to improve financial performance
- Develop effective organizational and planning strategies to meet IFRS requirements

Objectives:

The objectives of this course are to:
- Provide an in-depth understanding of the IFRS and its requirements
- Enhance financial reporting skills and knowledge of participants
- Develop operational excellence skills to improve financial performance
- Improve participants ability to plan and organize their activities to meet IFRS requirements

Who Should Attend this Course:

This course is designed for professionals who are involved in financial reporting, operational excellence, and organizational and planning activities, including:
- Financial analysts
- Accountants
- Financial managers
- Business administrators
- Operations managers
- Corporate planners

Outline for 5 Days:

Day 1:

Topic 1: Overview of IFRS

- Introduction to IFRS
- Overview of IFRS requirements
- Purpose of IFRS
- IFRS adoption and implementation

Topic 2: Financial Reporting under IFRS

- Overview of financial reporting requirements
- IFRS financial statements
- IFRS disclosure requirements

Day 2:

Topic 3: Operational Excellence and IFRS

- Overview of operational excellence practices
- Improving financial performance through operational excellence
- Impact of operational excellence on IFRS compliance

Topic 4: Organizational and Planning for IFRS Compliance

- Overview of organizational and planning strategies
- Planning for IFRS compliance
- Developing an IFRS implementation plan

Day 3:

Topic 5: IFRS and Financial Statements

- IFRS financial statement preparation
- IFRS accounting policies
- IFRS disclosure requirements

Day 4:

Topic 6: IFRS and Operational Excellence

- Integrating operational excellence with IFRS compliance
- Improving operational efficiency to meet IFRS requirements
- Monitoring operational performance for IFRS compliance

Day 5:

Topic 7: IFRS Implementation and Review

- IFRS implementation strategies
- Reviewing IFRS compliance
- IFRS audit and assessment.
Throughout the course, participants will have the opportunity to work on practical exercises and case studies to apply the concepts and skills they have learned. The course will also include interactive discussions and opportunities for participants to share their experiences and insights.