E-Learning_online IFRS

GID 35000 IFRS Masterclass Workshop (60 Hours*): Online Via Live Webinar

£14,500.00 £6,500.00

*40 Sessions of 90 minutes each


Course Introduction

IFRS Masterclass Online Workshop

The International Financial Reporting Standards are being continually adopted by more markets, representing a real challenge to organisations and individuals who produce and use financial statements. Therefore, financial policies, processes and systems may need to be reviewed and often changed. To meet this challenge Shasat has developed a detailed and high-quality IFRS Immersion Program to help users develop their knowledge and application of the basic principles and concepts of the International Financial Reporting Standards (IFRS).

IFRS has now been implemented in over 140 countries and has become a global language for financial reporting. This IFRS Immersion Program gives participants the skills to compete effectively in today’s global standardized reporting environment. A deep dive learning in IFRS will distinguish participants from other accounting and finance professionals and shall expand their global career dreams.

Shasat has trained over 20000 professionals worldwide and based on feedback received from the participants, it was suggested that more time is required to complete all the accounting standards in a program, therefore, we have specially designed this 12-day program to provide detailed learning of the International Financial Reporting Standards.  We have created this instructor-led a complete IFRS learning programme (12 days) to professionals all over the world in different cities to meet their demands and expectations. Our lecture sessions are supplemented by problem-solving and case discussion to strengthen and reinforce your understanding of the topics.

On completion of the Diploma candidates should be able to:

  • Recognize the underlying concepts and principles of IFRS.
  • In-depth understanding of the fundamental principles of IFRS
  • Key IFRS definitions and concepts
  • Application of relevant financial reporting standards to key elements of financial reports
  • Disclosure requirements for companies in financial reports and notes
  • Preparation of group financial statements including subsidiaries, associates and joint arrangements.
  • Identify and calculate tax amounts to be recognized in the financial statements.
  • The accounting requirements applicable to entities that transact in or keep accounting records in foreign currency.
  • Indicate how to measure fair value when required by IFRS standards.

This program shall offer

  • A single registration in this program would allow a company to enrol up to 5 participants.
  • Each participant shall receive the course material for self-learning.
  • 60 Hours of CPD Certification.
  • Course Certificate and VR photograph
  • Free entry to our annual IFRS update courses for the next two years (worth GBP 4000)
  • Free career development plan


Instructor Bio

Our trainers have specialist knowledge and first-hand experience of implementing the International Financial Reporting Standards (IFRS), International Public Sector Accounting Standards (IPSAS), Generally Accepted Accounting Principles (USGAAP), Risk management strategies, Management practices, Compliance matters such as Basel regulations, Solvency II, Anti Money Laundering regulations and number of other evolving regulatory matters. This ensures an engaging and stimulating learning experience for professionals and senior executives, helping to ensure knowledge is retained.

They understand the accounting and regulatory requirements, risk environment, industry issues and challenges, risk management strategies, financial reporting & disclosure requirements, and compliance environment. They impart their knowledge using real-life industry examples, simple and user-friendly presentation of important concepts/approaches and case studies.

Instructor for this Program

Shasat Faculty

Course Description

IFRS Masterclass – Course Agenda

Conceptual Framework
1. IAS 1 Presentation of financial statements
2. IAS 2 Inventories
3. IAS 7 Statement of cash flows
4. IAS 8 Accounting policies, changes in accounting estimates and errors
5. IAS 10 Events after the reporting period
6. IAS 11 Construction contracts
7. IAS 12 Income taxes
8. IAS 16 Property, plant and equipment
9. IAS 17 Leases
10. IAS 18 Revenue
11. IAS 19 Employee benefits
12. IAS 20 Accounting for government grants and disclosure of government assistance
13. IAS 21 The effects of changes in foreign exchange rates
14. IAS 23 Borrowing costs
15. IAS 24 Related party disclosures
16. IAS 26 Accounting and reporting by retirement benefit plans
17. IAS 27 Consolidated and separate financial statements
18. IAS 28 Investments in associates and joint ventures
19. IAS 29 Financial reporting in hyperinflationary economies
20. IAS 31 Interest in joint ventures
21. IAS 32 Financial instruments: presentation
22. IAS 33 Earnings per share
23. IAS 34 Interim financial reporting
24. IAS 36 Impairment of assets
25. IAS 37 Provisions, contingent liabilities and contingent assets
26. IAS 38 Intangible assets
27. IAS 39 Financial instruments: recognition and measurement
28. IAS 40 Investment property
29. IAS 41 Agriculture
1. FRS 1 First-time adoption of International Financial Reporting Standards
2. IFRS 2 Share-based payment
3. IFRS 3 Business combinations
4. IFRS 4 Insurance contracts
5. IFRS 5 Non-current assets held for sale and discontinued operations
6. IFRS 6 Exploration for and evaluation of mineral resources
7. IFRS 7 Financial instruments: disclosures
8. IFRS 8 Operating segments
9. IFRS 9 Financial instruments
10. IFRS 10 Consolidated financial statements
11. IFRS 11 Joint arrangements
12. IFRS 12 Disclosure of interests in other entities
13. IFRS 13 Fair value measurement
14. IFRS 14 Regulatory deferral accounts
15. IFRS 15 Revenues from contracts with customers
16. IFRS 16 Leases
17 IFRS 17 Insurance Contracts

Why you must attend?

Why you should attend?

With more and more countries adopting the IFRS as their accounting standards and also due to regular revisions and replacement of existing standards & principles, you must continue to develop your conceptual and practical understanding of IFRSs. If you intend to use IFRS for the first time then you must have the required knowledge and skills to implement the IFRS, be able to understand how this transition affects company’s reporting, and what it means going forward. If you have already implemented IFRS even, then you need to make sure that you continue to invest your time in learning and keep your self-updated with further changes to the IFRS.

We have designed this comprehensive and detailed IFRS Immersion program to give you all the required knowledge, skills and experience to deal with these challenges.  We have one of the best and most experienced IFRS faculties with over 15 years of IFRS implementation experience in the European region.

This is an instructor led course for professionals (beginners to expert level) who want to gain a complete and in-depth understanding of IFRSs in a classroom environment.  This IFRS course has been designed to be highly interactive and practical to provide exhaustive learning of conceptual and practical issues for those who are looking to sharpen their skills and knowledge in IFRS. Shasat has developed this high-quality learning programme to help users develop their knowledge and application of the IFRS principles and concepts.  Our Class sizes are limited (Maximum 10 participants per class) to preserve maximum interactivity and to enhance the fulfillment of learning outcomes.  Some of the key features of our training courses are:

  • Expert IFRS instructors with field experience
  • Distinct scenarios, examples and case studies to explain concepts and methodologies
  • A firm grounding for developing skills and competencies essential for financial reporting
  • Access to IFRS templates, tools, models and resources
  • Opportunities to discover new career path in IFRS/US GAAP

Teaching methodology

  • User friendly slide deck which summarizes the concept, methodology and principles in a simplest possible manner;
  • Interactive sessions with real life case studies;
  • Concepts and methodologies are explained using examples and distinct scenarios;
  • Group exercises to illustrate accounting principles;
  • Discussion on GAAP differences, industry issues and diversity in practices.
  • Additional course material and handouts to all the attendees.
  • Participants are encouraged to ask questions.

Who should attend?

This course is suitable for professionals (beginners to specialists) from all industry groups.  Examples of some of the roles that will benefit from this course are:

  • Chief Financial Officers/ Finance Directors;
  • Finance executives
  • Corporate finance function;
  • Accountants / Financial Controllers
  • Financial Reporting Executives
  • Treasurer
  • Budget Officers / Forecasting Specialists;
  • Auditors (internal/External)
  • Risk managers
  • Merchant bankers
  • Tax Directors /managers
  • Regulators;
  • Academicians
  • Accountancy students
  • Analysts
  • Fund Managers and Investors
  • Strategic and Financial Planners
  • Private Equity and M&A Specialists
  • Investment Bankers
  • Corporate Bankers
  • Investment Managers
  • Senior operations managers


All delegates will receive an evaluation questionnaire upon completion of the course. The feedback from these questionnaires allows Shasat to conduct trend analysis and continuously approve the quality of its learning solutions.

Venue & other info

Joining Instructions

We will send you the joining instructions at least 1 week before the commencement of the training program.

Sponsorship Opportunities

If you are seeking to profile your products, expertise and experience then Shasat will endeavour to assist your business objectives with opportunities such as:

Brand exposure

  • Targeted brand awareness and the association of your company with this area of expertise.

Thought leadership

  • Present your expertise to a targeted group of industry leaders.

Product demonstrations

  • Exhibit your products to new prospective clients already attending this conference.


We will provide you with a platform to meet face to face with a room full of potential clients and exhibit the benefit of your services. For more information on how Shasat can help you meet your marketing objectives, Contact our customer service team at info@shasat.com

Data protection

The personal information which you provide to us will be held by us in our database. You agree that Shasat may share this information with other companies in the Shasat Group. Occasionally your details may be made available to selected third parties who wish to communicate with you offers related to your business activities. If you do not wish to receive these offers please contact the database manager at: info@shasat.com

For more information about how Shasat (UK) Limited use the information you provide please see our privacy policy at: http://www.shasat.co.uk/legal/privacy-policy/.   If you do not wish your details to be available to companies in the Shasat Group or selected third parties, please contact the customer service at info@shasat.com.


In order to enrol for this programme, you can either make the payment online through our website or you can opt to make the payment via bank transfer/Demand draft/Cheque payment. Our payment web page will give you all the necessary options at the time of check out. Should you face any difficulty, please do not hesitate to contact us with your selected course and our customer services team will be happy to guide you through the payment process. You must also bear all the bank charges in relation to payment of course fees and payment must be made at least 3 weeks before the course date. Registration will be confirmed upon receipt of payment and completion of registration form only.

Group discount

We offer a group discount of 15% if you book a course for 10 or more people. Please contact our customer services desk at info@shasat.com to discuss further on how to obtain a group discount code.

CPD hours

Each participant will be issued a training certificate which will certify that you have successfully completed the training course and the number of hours you spent to complete this training course.


Please contact our Customer Service for further assistance at info@shasat.com

In-House Training

Besides our wide range of public courses, we are proud to offer our In-house training services to our Global clients. This form of training is tailored to meet your business needs and also an effective way of training your teams which saves time and money and will improve the productivity of your employees, making your business more competitive. If you would like to run this course as an In-house programme in your organisation with necessary customisation to suit your needs then please contact us today to discuss this further.