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IFRS Fundamentals - Comprehensive Workshop (Virtual Classroom)

Course summary
32 hours
3,500 GBP
Part time
Professional Training
Next available date: 14/02/2022 - Online courses
Course Dates
Online courses
3,500 GBP

Online courses
3,500 GBP

Online courses
3,500 GBP
Contact our team today to ask about our live, online course schedule.

Course description

IFRS Fundamentals - Comprehensive Workshop (Virtual Classroom)

This virtual training will be delivered live and online over 8 individual sessions, each of 4 hours' duration from 13:00 – 17:00 London (UK). The sessions will run from Monday to Thursday in consecutive weeks. 

International Financial Reporting Standards (IFRSs) are the world’s most widely applied accounting standards. More than 140 countries require or permit the use of IFRSs.   

This 8 session virtual online course provides a rigorous and detailed overview of the major technical IFRS requirements, and includes illustrative financial statements, case studies, examples, quizzes, and interactive participation from delegates.

For many entities, disruption caused by the coronavirus pandemic presents significant challenges in applying IFRSs. The course will highlight the areas most likely to be affected and develop practical approaches in response.        

This program answers questions such as:

  • How are IFRS recognition and measurement principles applied?
  • What are the disclosure requirements of IFRSs and how can they be made relevant to users?
  • How does the pandemic impact on the preparation of IFRS financial statements?

Suitability - Who should attend?

This training course is especially suitable for:

  • Accountants in finance and reporting teams that prepare IFRS financial statements
  • External and internal auditors
  • Financial and credit analysts who review financial statements

Outcome / Qualification etc.

After attending this course you will be able to:

  • Apply the requirements of the standards to prepare IFRS compliant financial statements, including determining accounting policies and identifying required disclosures
  • Apply IFRS fair value measurement and impairment testing requirements
  • Learn how to recognise and measure liabilities in accordance with relevant IFRSs
  • Implement the standards dealing with business combinations and the treatment of interests in other entities
  • Develop methods of presenting financial statements and drafting useful disclosures

This course is worth 32 CPD hours.

Training Course Content

This course is designed to cover the following key topics:

  • Introduction to IFRSs
    • IFRS standard setting
    • Conceptual Framework
    • Fair value measurement (IFRS 13)
  • Content of IFRS Financial Statements
    • Presentation of financial statements (IAS 1)
    • Statement of cash flows (IAS 7)
    • Accounting policies, changes in accounting estimates and errors (IAS 8)
    • Discontinued operations (IFRS 5)
    • Events after the reporting period (IAS 10)
    • Operating segments (IFRS 8)
    • Interim financial reporting (IAS 34)
  • Assets
    • Inventories (IAS 2)
    • Property, plant & equipment (IAS 16)
    • Borrowing costs (IAS 23)
    • Intangible assets (IAS 38)
    • Investment property (IAS 40)
    • Impairment of assets (IAS 36)
  • Liabilities
    • Leases (IFRS 16)
    • Employee benefits (IAS 19)
    • Provisions, contingent liabilities and contingent assets (IAS 37)
  • Financial Instruments
    • Financial assets and liabilities, hedging and derivatives (IAS 32, IFRS 9)
    • Financial instrument disclosures (IFRS 7)
  • Income Taxes
    • Income taxes (IAS 12)
  • Revenue
    • Revenue from contracts with customers (IFRS 15)
  • Government grants
    • Accounting for government grants (IAS 20)
  • Foreign Currency Issues
    • Effects of changes in foreign exchange rates (IAS 21)
  • Business Combinations and Interests in Other Entities
    • Business combinations (IFRS 3)
    • Consolidated financial statements (IFRS 10)
    • Investments in associates and joint ventures (IAS 28)
    • Joint arrangements (IFRS 11)

Why choose IASeminars

We've trained over 18,000 participants since 2002.

50% of our business comes from returning clients.

We offer both instructor-led and self-study courses, with instructor-led training being delivered over Zoom during the pandemic.


The cost of this training course is £3,500. 

In-House Training

In addition to the scheduled dates and locations, IASeminars can also run this course as in-house training, to meet the specific requirements of your team. Contact them here to request a customised training solution for your team.

About provider

IASeminars Offer Client Focus Training Solutions 

Whatever your requirements are for training in international accounting, you can be assured that IASeminars are ready to deliver. Offering topics such as IFRS, US GAAP, IPSAS, Management Accounting and Banking Regulation we are passionate about helping you progress your...

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Contact info


15 Westferry Circus
Canary Wharf
E14 4HD London

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Average rating 4.6

Based on 9 reviews.

Bernard M., African Trade Insurance Agency, Kenya
Thanks so much for your very valuable training. My expectations were meet. I really enjoyed it, and appreciated that much of what I do on a daily basis was captured and well explained. I have noted what I do wrong and am happy that I will change that. I feel much better prepared to deal with uncomfortable issues.
Lisa C.
Coming from US GAAP this is a great course to gain an overview of the IFRS standards including understanding differences to US GAAP. The trainers are very knowledgeable and recent financial statements are used to illustrate the rules. I participated in a remote version of the course and was amazed at how fast the 32 hours flew past. I would reco...
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Accountant, National Public Health Institute of Liberia
IFRS Fundamentals Comprehensive is really fun to do online. The presentation of the course is like you are in the actual class room itself and it is great way to relax and learn.
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Course rating
Based on 9 reviews.
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