Navigating the World of IFRS: An 8-day Certificate Program
Welcome to our intensive IFRS Certificate Program in Mauritius. Meticulously crafted to provide you with a profound understanding of IFRS and its practical applications in today’s corporate landscape. Our program enriches you with indispensable skills & knowledge in International Financial Reporting Standards (IFRS). It bolsters your professional credibility and unlocks new career pathways in the finance and accounting sector.
Throughout the program, you’ll delve into key areas such as the conceptual framework, financial statements, financial instruments, revenue recognition, leases, and measurement, among others. Mastering IFRS is pivotal for success in the dynamic finance and accounting industry. Completing our program equips you with the requisite knowledge and skills to interpret and apply IFRS effectively in your professional endeavors.
Completing our program provides you with the knowledge and skills needed to interpret and apply IFRS effectively. Engage in interactive lectures, case studies, and group discussions led by experienced trainers. You’ll gain practical insights and real-world examples to confidently apply IFRS principles in your professional work.
Upon completion, you’ll receive a prestigious certificate, showcasing your proficiency in IFRS and your dedication to professional development. Acquire practical insights and real-world examples to confidently apply IFRS principles, setting yourself apart in a competitive job market and propelling your career growth.
Learning Features
The IFRS Certificate Program ensures participants gain a comprehensive understanding of IFRS and its practical implications in the corporate sphere. Participants will achieve proficiency in key areas including:
- Conceptual Framework and Accounting Principles: Learn foundational accounting concepts of IFRS.
- Financial Statements and Disclosure: Understand format, content, and disclosure requirements.
- Foreign Exchange Transactions: Gain insights into functional and reporting currencies.
- Fair Value Measurement: Master fair value measurement principles.
- Revenue Recognition and Leases: Grasp new standards on revenue and leases.
- Financial Assets and Liabilities: Learn classification, measurement, and disclosure.
- Impairment Requirements: Understand impairment concepts and applications.
- Business Combination and Consolidation: Explore accounting for mergers and consolidation.
- Goodwill and Intangible Assets: Recognize and test goodwill and intangibles.
- Share-based/Cash-based Payments and Benefits: Learn accounting treatment for payments and benefits.
- Corporation and Deferred Taxation: Understand accounting for corporation and deferred taxes.
- Amendments and New Requirements: Gain insight into key amendments and new requirements.
Global Certificate in IFRS Program Schedule
Dubai | Online | New York City | Singapore | London | Cape Town | Sydney | Toronto | Rio de Janeiro | Las Vegas | Ho Chi Minh City | Mauritius
For More Information
Contact our customer service for details on the IFRS Certificate Program. Gain expertise and enhance your career in finance and accounting.
Instructor Bio
Our trainers have specialist knowledge and first-hand experience in implementing the International Financial Reporting Standards (IFRS), International Public Sector Accounting Standards (IPSAS), Generally Accepted Accounting Principles (USGAAP), UK GAAP, Risk management strategies, Valuations, Mergers & Acquisitions, Corporate Governance, Environmental, social, and corporate governance (ESG) reporting, Supply Chain Management, Prudential regulations, Compliance matters (such as Basel regulations, Solvency II, Anti Money Laundering regulations and a number of other evolving regulatory matters) and a whole range of professional development programs (e.g., Negotiations Skills, Presentation Skills, Data Management, Python, Block-Chain, Digital Assets, Becker CPA etc.)
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 presentations of important concepts/approaches and case studies.
Instructor for this course
Shasat Faculty
Our Partners
Our Partners in Learning
Course Description
Module 1: Financial Statements under IFRSs
- Introduction to IFRS regulatory and conceptual frameworks
- Recognition and measurement of tangible and intangible assets
- Impairment of assets under IFRS
- Overview of IFRS financial statement formats
- Interim financial reporting under IFRS
- Case studies to apply concepts and frameworks
Module 2: Group Accounting
- Group accounting under IFRSs
- Consolidation techniques and requirements
- Goodwill and fair values in group accounting
- Joint arrangements and associates under IFRS
- Acquisitions and disposals under IFRS
- Foreign currency transactions and foreign subsidiaries
- Case studies to apply group accounting concepts
Module 3: Financial Instruments and Share-Based Payment
- Overview of financial instruments under IFRS
- Share-based payment requirements under IFRS
- Case studies to apply financial instruments and share-based payment concepts
Module 4: Disclosure and Presentation Standards
- Disclosure and presentation standards under IFRS
- Accounting policies and changes in accounting policies
- Non-current assets held for sale and discontinued operations under IFRS
- Operating segments under IFRS
- Revenue recognition under IFRS
- Inventory valuation under IFRS
- Related party disclosures under IFRS
- Statements of cash flows under IFRS
Module 5: Technical Standards
- Lease accounting under IFRS
- Current and deferred tax under IFRS
- Provisions, contingent liabilities, and contingent assets under IFRS
- Events after the reporting period under IFRS
- Employee benefits under IFRS
- Case studies to apply technical accounting standards
Module 6: Transition, Earnings per Share, and the IFRS for SMEs
- First-time adoption of IFRSs and transition requirements
- Earnings per share under IFRS
- Overview of the IFRS for Small and Medium-sized Entities
- Case studies to apply transition and IFRS for SMEs concepts
Module 7: Specialized Standards, Transactions, and Current Developments
- Overview of specialized standards under IFRS
- Transactions related to insurance contracts, agriculture, and retirement benefit plans
- Exploration for and evaluation of mineral resources under IFRS
- Hyperinflation accounting under IFRS
- Current developments in the IFRSs
- Case studies to apply specialized standards and current development concepts
Module 8: Current Update and Case Studies
- Annual improvements to IFRSs
- Management commentary under IFRS
- IASB work plan and priorities
- Current discussion papers, exposure drafts, and interpretation committee issues
- Case studies to apply current updates and developments in IFRSs.
Real-Life Cases
FRC Findings
Group Case Studies
Q&A
Hand-Outs
The course agenda provided herein is the proprietary intellectual property of Shasat. It is intended solely for the use of participants enrolled in the respective course. Any reproduction, distribution, or unauthorized use of this course agenda, in whole or in part, without the explicit written consent of Shasat, is strictly prohibited and may result in legal action.
All rights reserved. ©2024, Shasat
Why you must attend?
As a finance executive, you understand the critical role that International Financial Reporting Standards (IFRS) play in financial reporting and decision-making. The ever-changing nature of the industry requires you to have a deep and technical understanding of IFRS to stay ahead of the curve. In addition to the need for a deep and technical understanding of IFRS, finance executives also face the constant challenge of applying principle-based accounting standards to real-life complex business transactions. This requires a thorough understanding of the underlying accounting concepts and principles and the ability to make informed judgments and estimates in applying those principles to specific transactions.
Moreover, staying up-to-date with the latest amendments and new accounting requirements is crucial for finance executives to effectively navigate the evolving financial reporting landscape. As expectations from stakeholders continue to evolve, the need to be equipped with the latest knowledge and best industry practices becomes even more critical. There’s no better time to update your knowledge of IFRS accounting standards than now. With over 140 countries adopting the framework and ongoing revisions, staying current with IFRS is crucial for your professional development. By enrolling in the Certificate in IFRS Programs, you will gain a comprehensive and practical understanding of IFRS and thrive in today’s ever-evolving accounting landscape.
The IFRS Certification Program is designed to provide financial professionals with an in-depth understanding of the underlying accounting concepts and principles, financial statement formatting, and disclosure requirements. By enrolling in the Certificate in IFRS Program, finance executives can gain a comprehensive and practical understanding of IFRS accounting standards, ensuring they are well-equipped to handle the complexities of real-life business transactions. With a focus on practical application and real-world scenarios, the program enables participants to develop the necessary skills to make informed judgments and apply the principles to a range of different scenarios.
The program is designed to keep participants abreast of the latest amendments, new accounting requirements, and changing expectations of stakeholders. With access to best industry practices and the latest developments in IFRS, participants can stay ahead of the curve and build a successful career in finance.
Don’t miss this opportunity to enhance your professional credibility and take your career to the next level. Enroll in the Certificate in IFRS Programs today and gain the knowledge and skills you need to succeed in today’s dynamic financial environment.
Teaching methodology
The training program will employ a comprehensive and engaging approach to learning, designed to deliver maximum impact and retention. The methodology includes:
- A user-friendly slide deck that presents the concepts, methodologies, and principles in a clear and concise manner, making the material easily accessible to all attendees.
- Interactive sessions featuring real-life case studies to provide hands-on experience and bring the material to life.
- Explanations of concepts and methodologies through the use of examples and distinct scenarios, allow attendees to understand the material in context.
- Group exercises designed to illustrate accounting principles, encouraging collaboration and fostering a deeper understanding of the material.
- Discussions on GAAP differences ( IFRS vs US GAAP), industry issues, and diversity in practices, provide attendees with a well-rounded understanding of the subject matter.
- Access to additional course material and handouts, ensuring attendees have a comprehensive reference resource to support their learning.
- An open and inclusive atmosphere that encourages attendees to ask questions and engage in discussion, ensuring a thorough understanding of the material.
The combination of these elements creates a dynamic and engaging learning experience that will support the professional development of all attendees.
Who should attend?
The Certificate in IFRS Program is designed for financial professionals who are seeking to update their knowledge of IFRS accounting standards and stay ahead of the curve in an ever-evolving financial reporting landscape. The program is ideal for finance executives, accountants, auditors, financial analysts, and other professionals who are involved in financial reporting and decision-making. Participants who attend the program are expected to have a basic understanding of financial reporting and accounting principles. The program is also suitable for those who have previously completed basic accounting courses and are looking to enhance their skills and knowledge of IFRS standards.
Overall, the Certificate in IFRS Program is a must-attend for any financial professional who is looking to enhance their technical knowledge of IFRS accounting standards and stay abreast of the latest developments in the industry. It is an excellent opportunity to gain practical and comprehensive training and equip oneself with the necessary skills to succeed in today’s ever-evolving financial landscape.
Feedback
Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analyzing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.
Venue & other info
Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us. One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.
Please note that accommodation arrangements are the responsibility of the attendee.
Workshop Delivery (Online Programs)
The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
In-Person Workshop
Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
Changes to the conference
Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event
We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organization will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.
We kindly request that you carefully review all of the terms and conditions outlined on our website. This information is critical in ensuring a clear understanding of our policies and procedures. Please follow the link provided to access this information.
Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.
Payment
Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.
We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.
Group discount
Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.
Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.
For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.
In-House Training
Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.