Training on International Accounting Standards (IAS)
International Accounting Standards are a set of concepts, standards, and processes that constitute the foundation of financial accounting policies and practices. The goal of the International Accounting Standards (IAS) is to create consistency in methodology and unity in meaning. This training on international accounting standards (IAS) is aimed at equipping the participants with the knowledge and skills to understand IAS and how to adopt the new international accounting practices in accounting.
Target Participants
Training on international accounting standards course is aimed at professionals in the finance and accounting sector.
Course Duration
OnlineĀ Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā 7 Days
Classroom-basedĀ Ā Ā Ā 5 Days
What you will learn
By the end of this course the participants will be able to:
- Understand the principles of preparation of international financial statements
- Understand and apply the International Accounting Standards
- Make informed economic decisions about investment opportunities and risks
- Apply International Financial Reporting Standards
Course Outline
- Financial reporting in credit institutions
- Financial statements purposes
- History, objectives, structure of IAS
- Basic principles of financial reporting
- IAS 1 āPresentation of financial statementsā
- IAS 2 Inventories
- IAS 7 Statement of Cash Flows
- IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors
- IAS 10 Events after the Reporting Period
- IAS 12 Income Taxes
- IAS 16 Property, Plant and Equipment
- IAS 19 Employee Benefits
- IAS 21 The Effects of Changes in Foreign Exchange Rates
- IAS 23 Borrowing Costs
- IAS 24 Related Party Disclosures
- IAS 27 Separate Financial Statements
- IAS 28 Investments in Associates and Joint Ventures
- IAS 29 Financial Reporting in Hyperinflationary Economies
- IAS 32 Financial Instruments: Presentation
- IAS 33 Earnings Per Share
- IAS 34 Interim Financial Reporting
- IAS 36 Impairment of Assets
- IAS 37 Provisions, Contingent Liabilities and Contingent Assets
- IAS 38 Intangible Assets
- IAS 39 Financial Instruments, Hedge Accounting
- IAS 40 Investment Property
- IAS 41 Agriculture