IFRS Full Course: 2024-2025 Curriculum

Unlock the power of IFRS with this all-inclusive course, designed to help you master global accounting standards.

Created by: EDUCBA Bridging the Gap
Learn real world skills online

What Will I Learn?

• Understand Consolidated Financial Statements: Explore both pre and post-IFRS consolidation methods.
• Gain in-depth knowledge of changes in control definitions, consolidation procedures, and practical issues.
• Master IFRS Standards: Students will thoroughly review key IFRS standards, including IFRS 1 (First-Time Adoption), IFRS 2 (Share-Based Payments) and more.
• Apply IFRS in Practical Scenarios: Through Excel-based examples and exercises, students will learn to apply IFRS standards in real-world financial reporting.
• Analyze and Prepare Financial Disclosures: Understand the importance of disclosures under IFRS, especially in IFRS 7, IFRS 8 and IFRS 11.
• Utilize Consolidation Techniques: Students will dive deep into the technical aspects of consolidation, joint venture accounting, potential voting rights.
• Work with Specialized Topics: The course covers niche areas such as accounting for mineral resources (IFRS 6), fair value measurements (IFRS 13).
• Enhance Analytical Skills: The course uses Excel-based examples to solidify concepts, ensuring students can practically apply IFRS standards.
• By the end of the course, students will be well-equipped with the skills and knowledge needed to handle complex financial reporting challenges using IFRS.

Requirements

• Basic Accounting Knowledge: A foundational understanding of accounting principles and financial statements is essential, as the course builds on these concepts to cover IFRS standards.
• Familiarity with Financial Reporting: Prior experience with financial reporting, such as preparing or analyzing financial statements, will help students grasp IFRS concepts more effectively.
• Excel Proficiency: Since the course includes numerous Excel-based examples and exercises, students should have a basic to intermediate proficiency in Microsoft Excel.
• Understanding of GAAP: Familiarity with Generally Accepted Accounting Principles (GAAP) will provide helpful context when comparing IFRS to other reporting frameworks.
• Interest in Financial Standards: A keen interest in learning about international financial standards and their real-world application in financial reporting.

Target audience

• Accountants and Financial Professionals: Those looking to enhance their knowledge of International Financial Reporting Standards (IFRS) and apply it in their work.
• Auditors: Professionals involved in auditing financial statements who need to stay updated on IFRS requirements.
• Finance Students and Graduates: Students pursuing degrees or certifications in accounting, finance, or related fields who want to deepen their understanding of global financial reporting standards.
• Corporate Finance Teams: Financial controllers, managers, or directors responsible for preparing and presenting financial reports in compliance with IFRS.
• Investors and Analysts: Professionals in investment banking, equity research, or financial analysis who rely on IFRS-compliant financial statements for decision-making.
• Consultants and Business Advisors: Consultants involved in mergers, acquisitions, or business structuring who need to understand IFRS implications on transactions.
• Anyone Transitioning from GAAP to IFRS: Individuals or companies making the transition from local accounting standards (like GAAP) to IFRS will find this course particularly helpful.