IFRS Financial Reporting Masterclass
Comprehensive IFRS training covering the most impactful standards for GCC financial reporting.
Course Overview
What You'll Learn
Course Syllabus
- β’ Conceptual framework for financial reporting
- β’ Fair value measurement (IFRS 13)
- β’ First-time adoption considerations (IFRS 1)
- β’ Presentation of financial statements (IAS 1)
- β’ GCC regulatory landscape and IFRS adoption status
- β’ Classification and measurement of financial assets
- β’ Expected credit loss (ECL) model
- β’ Hedge accounting simplified approach
- β’ Modification of financial liabilities
- β’ Practical application for GCC banks and corporates
- β’ Five-step revenue recognition model
- β’ Identifying performance obligations
- β’ Variable consideration and constraints
- β’ Contract modifications
- β’ Revenue from real estate contracts (GCC-specific)
- β’ Licensing, construction, and service contracts
- β’ Right-of-use asset and lease liability measurement
- β’ Short-term and low-value lease exemptions
- β’ Sale-and-leaseback transactions
- β’ IAS 36 Impairment of assets
- β’ IAS 37 Provisions and contingencies
- β’ IAS 19 Employee benefits (end-of-service gratuity)
Who Should Attend
Prerequisites
Skills You'll Gain
Key Takeaways
Certificate of Completion
Upon completing this program, you will receive a IFRS Financial Reporting Certificate that you can share on LinkedIn and with employers.
Frequently Asked Questions
The course content aligns with ACCA, CPA, and CMA syllabi. CPE/CPD hours may be counted towards professional development requirements.
We focus on IFRS 9, 15, 16, 17, plus IAS 1, 19, 36, 37, and IFRS 13. These are the standards with the most impact on GCC financial reporting.
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