What is IFRS International Financial Reporting Standard?
Certificate IFRS offers a broad introduction to the field of International Financial Reporting and International Financial Reporting Standards. It traces the history of the International Accounting Standards Board (IASB) from its early roots through to recent changes and updates and future developments. - The qualification is structured in an accessible and user-friendly way that underlines key information and provides useful summaries. - It examines and breaks down specific standards topic-by-topic. - There are case studies, which are based on real-life examples and many exercises, multiple-choice questions and sample answers for you to test your knowledge as you progress through the course. • The IFRS certificate will provide you with the knowledge required to fully understand the standards. Update your knowledge of international financial reporting standards (IFRS) and have a certificate to demonstrate to employers that you have a basic understanding of IFRS. • In order to prepare financial statements that will adhere to guidelines it is essential for all finance professionals to have a firm grasp of IFRS. Accounting bodies and countries worldwide are converging with IFRS • ACCA’s Certificate in International Financial Reporting Standards (CertIFR) offers a broad introduction to the field, and aims to help you understand how they are used globally. • The course helps you in applying IFRS at work and wants formal recognition of your skills. • To help you understand how International Financial Reporting Standards (IFRS) are used around the world • To explain how the International Financial Reporting Standards Foundation (IFRSF) / International Accounting Standards Board (IASB) work and how these are being changed. • To examine the fundamental requirements of IFRS on a standard-by-standard basis • To provide guidance on how to use IFRS in practice.
Outlines 1. The nature and operations of the IASB. 2. The status and use of IFRSs around the world. 3. Presentation and profit. 4. Accounting for assets and liabilities – part 1. 5. Accounting for assets and liabilities – part 2. 6. Group accounting. 7. Disclosure standards. 8. Principal differences between IFRS and Egyptian Accounting Standard (EAS).