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In-House Training About Us
An Intensive Professional
Development Training Course on

International Financial Reporting Standards (IFRS)

Mastering IFRS for Transparent, Comparable, and Globally Aligned Financial Reporting

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Why Choose Us

The IFRS Training Course is designed to help professionals navigate the global shift toward harmonised financial reporting. As differences between national Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards continue to narrow, more than 100 countries now require or permit IFRS. This International Financial Reporting Standards Training Course enables participants to understand how these standards reshape financial reporting, improve comparability, and support transparency in an increasingly interconnected business environment.

The training course provides a clear and structured overview of the scope, structure, and content of IFRS-compliant financial statements. Participants explore key concepts such as recognition, measurement, and disclosure of financial statement elements, along with transition considerations when moving from GAAP to IFRS. Particular attention is given to disclosures, revenue recognition, fair value measurement, and the impact of convergence projects between the IASB and FASB. This foundation helps participants interpret and apply IFRS in line with current and emerging requirements.

Throughout the International Financial Reporting StandardsTraining Course, delegates work through practical examples and case-based discussions that illustrate reconciling and non-reconciling differences between GAAP and IFRS. By the end of the training, participants will understand how IFRS influences financial statement presentation, policy choices, and performance communication, and will be better prepared to support implementation, analysis, and decision-making within organisations adopting or reporting under IFRS.

Why Choose International Financial Reporting Standards (IFRS)
Course Goals

What are the Goals?

This Wallstreet Development Academy course is designed to build a strong foundation in International Financial Reporting Standards while enhancing practical application in financial reporting and analysis. It provides clarity on the IFRS framework, convergence with other standards, and its impact on organisational reporting practices.

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

  • Understand the conceptual framework of IFRS, including objectives and qualitative characteristics
  • Apply key IFRS standards in financial reporting, recognition, and disclosure requirements
  • Analyse financial statements prepared under IFRS to support effective decision-making
  • Identify and address complex accounting issues using appropriate IFRS guidance
  • Enhance professional judgement in financial reporting and interpretation
  • Understand the key differences between IFRS and other standards such as US GAAP
  • Support improved financial transparency and organisational reporting quality

These goals ensure participants gain both technical competence and practical confidence in applying IFRS standards.

Who is this Training Course for?

This International Financial Reporting Standards Training Course is designed for professionals involved in financial reporting, analysis, and compliance with IFRS. It is particularly valuable for those seeking to strengthen their understanding of how IFRS impacts financial statements, comparability, and decision-making.

This training course will greatly benefit:

  • Accounting and finance professionals responsible for preparing financial statements
  • Financial controllers and reporting managers overseeing IFRS compliance and disclosures
  • Internal and external auditors reviewing IFRS-based financial statements
  • Financial analysts and consultants analysing financial performance and reporting quality
  • Senior managers and decision-makers relying on IFRS-based financial information
  • Bankers and investment bankers assessing organisations reporting under IFRS
  • Other professionals engaged in IFRS implementation, reporting, and financial analysis

This training course supports a wide range of roles requiring accurate, transparent, and globally aligned financial reporting expertise.

Learning Approach

How will this Training Course be Presented?

This International Financial Reporting Standards Training Course is delivered in an interactive format designed to maximise understanding, retention, and practical application. Technical IASB requirements are explained in a clear, structured way, supported by examples that connect the standards to real business situations. Participants are encouraged to engage actively with the material to deepen their practical grasp of IFRS.

The IFRS Training Course will utilise:

  • Clear explanations of IASB standards, frameworks, and objectives
  • Analysis and evaluation of practical case studies and real-life examples
  • Guided exercises illustrating recognition, measurement, and disclosure
  • Discussions on current and future IFRS developments and convergence issues
  • Interactive sessions encouraging questions, interpretation, and application

The Course Content

Introduction to IFRS and Conceptual Framework

  • Overview of IFRS and global adoption
  • IFRS Foundation and IASB structure
  • Conceptual Framework:
    • Objectives of financial reporting
    • Qualitative characteristics
    • Elements of financial statements
  • Recognition and measurement principles
  • Presentation of financial statements (IAS 1)
  • Case study and practical discussion 

Assets Accounting

  • Property, Plant and Equipment (IAS 16)
  • Inventory (IAS 2)
  • Intangible Assets (IAS 38)
  • Impairment of Assets (IAS 36)
  • Investment Property (IAS 40)
  • Practical exercises and real-life examples 

Liabilities and Revenue Recognition

  • Provisions and contingencies (IAS 37)
  • Financial liabilities (IFRS 9 – overview)
  • Leases (IFRS 16)
  • Revenue recognition (IFRS 15):
    • 5-step model
    • Contract identification and performance obligations
  • Case studies and application exercises 

Financial Instruments and Group Accounting

  • Financial instruments (IFRS 9):
    • Classification and measurement
    • Expected credit losses (ECL)
  • Consolidation (IFRS 10):
    • Control concept
    • Group structure
  • Business combinations (IFRS 3)
  • Introduction to equity method (IAS 28)
  • Practical group accounting exercises 

Presentation, Analysis, and Advanced Topics

  • Presentation and Disclosure in Financial Statements(IFRS 18)
  • Statement of cash flows (IAS 7)
  • Earnings per share (IAS 33)
  • Disclosure requirements and transparency
  • Financial statement analysis under IFRS
  • Key differences: IFRS vs US GAAP
  • Final case study and group discussion
Recognition

Certificate

  • • Wallstreet Development Academy Certificate of Completion for delegates who attend and complete the training course.
Collaborations

In Partnership With

Anderson Copex Coventry