Professional Certificate in International Financial Reporting Standards

Description

This course is a preparatory course for studying the IFRS certification curriculum offered by the Association of Certified Certified Accountants in Britain, known as ACCA. This preparatory course aims to provide participants with basic information, provide them with useful summaries, and examine the standards and divide them according to topic. It also includes: Also, case studies that are based on real-life examples, exercises, and multiple-choice questions with their correct answers. It is worth noting that this training course does not include the process of registering for the international exam, but rather is limited only to explaining the practical curriculum of the certificate. It prepares you scientifically and practically to sit for the exam later.

Content of the training material

- Introduction to the international standards certificate CertIFR and its importance in the labor market and its regulating bodies.

- General conceptual management of financial reports 

- Financial statement standards IAS1+IAS7+IAS10+IAS8

- Asset standards IAS16+IAS40+IAS36+IAS38+IAS23+IFRS5+IAS2

- IFRS15 revenue standards and IFRS16 lease contracts

- Financial instruments standards IAS32+IFRS9+IFRS7

- Commitment standards IAS37+IAS19+IAS12

- Standards for consolidated financial statements and investments between companies

- Exercises and practice on the question bank

Top scorer of the session

·      Identify the origins and stages of development of international financial reporting standards and international accounting standards.

·      Understanding the disclosure requirements in financial statements according to International Financial Reporting Standards and International Accounting Standards.

·      Providing participants with the necessary methods and information to carry out accounting treatments in accordance with international accounting standards

·      The International Financial Reporting Standards and the most important amendments to them.

·      Providing participants with the necessary skills to prepare basic data in accordance with international accounting standards and how to present them

·      Disclosures thereof

·      Know what the comprehensive set of financial statements is and its contents (the statement of financial position, the income statement, the statement of owners’ equity, comprehensive income, and the cash flow statement.)

The program qualifies for the International Financial Reporting Standards certification exam CertI from the British ACCA.

Targeted people

- Accountants responsible for preparing management reports.

- Financial managers responsible for preparing financial reports. 

- Auditors specialized in the auditing and financial business sectors. 

- Workers in the investment and banking sectors. 

- Lecturers specialized in the field of international financial reporting standards.

- Individuals who hold professional qualifications such as the International Arab Certified Public Accountant, the Certified Public Accountant certificate, and the Certified Public Accountant certificate