| Date | Venue | Fees | |
|---|---|---|---|
| 20 - 24 Jul 2026 | Riyadh - Saudi Arabia | $ 5,950 | |
| 03 - 07 Aug 2026 | London - UK | $ 5,950 | |
| 14 - 18 Sep 2026 | Dubai - UAE | $ 5,950 | |
| 21 - 25 Sep 2026 | Doha - Qatar | $ 5,950 | |
| 19 - 23 Oct 2026 | Rome - Italy | $ 5,950 | |
| 26 - 30 Oct 2026 | Dubai - UAE | $ 5,950 | |
| 23 - 27 Nov 2026 | London - UK | $ 5,950 | |
| 30 Nov - 04 Dec 2026 | Abu Dhabi - UAE | $ 5,950 | |
| 30 Nov - 04 Dec 2026 | Online | $ 4,950 | |
| 21 - 25 Dec 2026 | Doha - Qatar | $ 5,950 | |
| 28 Dec - 01 Jan 2027 | Paris - France | $ 5,950 | |
| 22 - 26 Mar 2027 | London - UK | $ 5,950 | |
| 24 - 28 May 2027 | Online | $ 4,950 | |
| 24 - 28 May 2027 | London - UK | $ 5,950 | |
| 21 - 25 Jun 2027 | Dubai - UAE | $ 5,950 | |
| 19 - 23 Jul 2027 | Riyadh - Saudi Arabia | $ 5,950 | |
| 02 - 06 Aug 2027 | London - UK | $ 5,950 | |
| 13 - 17 Sep 2027 | Dubai - UAE | $ 5,950 | |
| 18 - 22 Oct 2027 | Rome - Italy | $ 5,950 | |
| 25 - 29 Oct 2027 | Dubai - UAE | $ 5,950 | |
| 22 - 26 Nov 2027 | London - UK | $ 5,950 | |
| 29 Nov - 03 Dec 2027 | Abu Dhabi - UAE | $ 5,950 | |
| 29 Nov - 03 Dec 2027 | Online | $ 4,950 | |
| 20 - 24 Dec 2027 | Doha - Qatar | $ 5,950 | |
| 27 - 31 Dec 2027 | Paris - France | $ 5,950 |
Introduction
This Certificate in International Financial Reporting Standards (IFRS) training course provides delegates with a detailed understanding of International Financial Reporting Standards (IFRS) including Sustainability Disclosure Requirements IFRS S1 & IFRS S2 issued in 2023 and IFRS 18 Presentation & Disclosures in Financial Statements issued in 2024 and takes effect 1 January 2027.
Delegates will not only improve their knowledge and understanding but also their accounting skills gaining an ability to account for transactions and prepare financial statements in accordance with the IFRS, thereby ensuring legal compliance and improved corporate governance.
The IFRS training course will also present an overview of the IFRS most relevant to your organisation, adapting to the needs identified. As a result, delegates will be able to transfer knowledge and skills for the benefit of their organisation.
This Certificate in International Financial Reporting Standards (IFRS) training course will highlight:
- The role & scope of IFRS including Sustainability Disclosure Requirements IFRS S1 & IFRS S2
- The case for IFRS and latest developments
- The major accounting concepts & policies
- The requirements of the most important IFRS relevant to your organization
- The preparation & presentation of financial statements in accordance with IFRS
Objectives
At the end of this Certificate in International Financial Reporting Standards (IFRS), you will learn to:
- Follow accounting concepts & policies
- Prepare income statements & statements of financial position in accordance with IFRS 18 Presentation & Disclosures in Financial Statements issued in 2024 and takes effect 1 January 2027
- Prepare & evaluate the cash flow statement
- Account for assets in accordance with IFRS
- Account for strategic alliances & business combinations in accordance with IFRS
Training Methodology
Participants to this Certificate in International Financial Reporting Standards (IFRS) training course will receive a thorough training on the subjects covered by the training course outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Training course methodology includes case studies relevant to your organisation, discussion, group work and interactive exercises and videos. These are designed to ensure delegates leave with transferable skills as well as up-to-date knowledge of international policies and procedures.
Organisational Impact
By sending their employees to this Certificate in International Financial Reporting Standards (IFRS), the organisation will gain:
- Practical application of IFRS
- Ensuring legal compliance in line with the latest requirements
- Understanding the major accounting issues facing the sector
- Applying IFRS specific to their organisational needs
- Aiding corporate governance thereby reducing risk
- Contributing to financial decision making more effectively
Personal Impact
The Certificate in International Financial Reporting Standards (IFRS) will provide the following to the delegates:
- Skills and knowledge to further your professional career
- The latest tools and techniques to assist you in your role
- An ability to make more informed decisions aimed at reducing risk
- Increased skills and improved decision making to increase your importance to your organization
- An ability to liaise effectively with other departments and colleagues regarding current practices and issues affecting oil & gas industry
- A greater understanding or your role and the major issues affecting it
Who should Attend?
This IFRS training course is suitable to a wide range of professionals but will greatly benefit:
- Corporate Accountants
- Financial Controllers
- Treasury Officers
- Management Accountants
- Finance Staff in General Accounting, Payables, Receivables, Inventory, Fixed Assets, etc.
- External, Financial and Internal Auditors
- Government Regulators
- Financial and Investment Analysts
The Role & Scope of IFRS
- Establishing the case for IFRS
- International accounting diversity
- IFRS & US GAAP
- The role & scope of IFRS & IAS including Sustainability Disclosure Requirements IFRS S1 & IFRS S2
- The IASB conceptual framework
- IFRS, accounting concepts & policies
The Presentation & Preparation of Financial Statements
- The annual reports & financial statements
- IAS 1 & IFRS18 Presentation & Disclosures in Financial Statements
- Preparing the income statement
- Preparing the statement of financial position
- IAS & statement of cashflow
- Notes & disclosures
Accounting for Cash Flow & Financial Instruments
- The importance of cash flow
- Preparing a statement of cash flows in accordance with IFRS 7
- Evaluating the cash flow
- What are financial instruments & derivatives?
- IFRS 7 financial instruments: Disclosures
- IFRS 9 financial instruments
Accounting for Assets
- Tangible & intangible assets
- IAS 16: Property, plant and equipment and Depletion, Depreciation & Amortisation (DD&A)
- IAS 36: Impairment of assets
- IFRS 13 fair value measurement
- IAS 38: Intangible assets
- IAS 2 inventories
Accounting for Strategic Alliances & Business Combinations
- Strategic alliances mergers & acquisitions
- Goodwill
- IFRS 3 business combinations
- IFRS 10: Consolidated financial statements
- IFRS 11: Joint arrangements
- IFRS 12: Disclosure of interests on other entities
- Upon successful completion of the classroom-based training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
- Upon successful completion of the online training course, a GLOMACS Certificate will be awarded to all delegates. Guided Learning Hours – In accordance with ISO 9001:2015–certified quality management standards, one Guided Learning Hour is awarded for every 60 minutes of attendance.
