The IFRS Master Class is intended to assist in understanding IFRS and applying IFRS to your organization. During the Master Class, we will familiarize you with the IFRS standards using practical examples encountered in our own practice, and we will enable you to apply IFRS standards to your own financial reporting.

The IFRS Master Class modules

Module 1 – IFRS Framework

• Introduction to the IFRS Master Class
• The IFRS Framework
• First time adoption (IFRS 1)
• Segment reporting (IFRS 8)
• Presentation of financial statements (IAS 1)
• Interim reporting (IAS 34)

Module 2 – Revenue Recognition

Module 2 is fully dedicated to revenue recognition including IAS 11, IAS 18 and IAS 20, as the revenue line in the P&L is of great importance for financial reporting and an important.

Module 3 – PPE, Investment Property and Leasing

• IAS 16 Property, Plant and Equipment
• IAS 17 Leases
• IAS 23 Borrowing Costs
• IAS 40 Investment Property

Module 4 – Employee Benefits and Share-Based Bayments

• IFRS 2 Share-based payment
• IAS 19 Employee Benefits

Module 5 – Financial Instruments (part 1 and 2)

• IAS 32 Financial Instruments: Presentation
• IAS 39 Financial Instruments: Recognition and Measurement
• IFRS 7 Financial Instruments: Disclosures
• IAS 21 Foreign currency

Module 6 – Inventories, Income Tax and Provisions

• IAS 2 Inventories
• IAS 12 Income Taxes
• IAS 37 Provisions, Contingent Liabilities and Contingent Assets

Module 7 – Business Combinations, Intangibles and Impairments

• IAS 36 Impairment of Assets
• IAS 38 Intangible Assets
• IFRS 3 Business Combinations

Module 8 – Consolidation, Investments and Assets held for sale

• IAS 27 Consolidated and Separate Financial Statements
• IAS 28 Investments in Associates
• IAS 31 Interests in Joint Ventures
• IFRS 5 Non-current Assets Held for Sale and Discontinued Operations

Who is it for?

The IFRS Master Class is intended for professionals with a background in finance having a responsibility in the accounting, reporting and/or controlling area. Basic accounting knowledge and experience is required to use the knowledge offered during this Master Class to its utmost.

Why is this training relevant to you and your organization?

The IFRS Master Class is relevant to finance employees of companies reporting (or planning to report) under IFRS.

Who are the trainers?

The trainers are professionals from the PwC Assurance Services, group who use the IFRS standards assisting clients with IFRS transitions and/or complex IFRS accounting topics on a daily basis.

Duration

The full IFRS Master Class consists of 8 modules with a duration of 4 hours each, except for module 5 which consists of 2 sessions with a duration of 4 hours each.

You could subscribe to the full Master Class but you may also choose to subscribe to individual modules based on a specific training requirement.

For the information about the pricing options, please contact Training Academy by e-mail or by the phone - (+381) 11 3302 100.