Learnit Training
Course IFRS Advanced
  • Smartly apply the latest IFRS standards.
  • Make your financial reporting less complex.
  • Reduce the cost of your financial reporting.
  • Prevent misuse of financial reporting.
  • Well prepared for future IFRS developments.

Want to deepen your knowledge of more complex IFRS regulations? Applying new standards such as IFRS 17? Learn it in Learnit's 4-day IFRS Advanced training.

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Course IFRS Advanced

Your financial reporting less complex and costly with IFRS

Due to the ever-increasing demand for transparency and comparability of the annual accounts of listed organisations, the work of financial managers, administrators and accountants is becoming increasingly important, but also more complex. New regulations are regularly introduced with which organisations that report according to the IFRS standards must comply. These International Finance Reporting Standards (IFRS) have been the accounting standard for the annual reports of listed companies since 2005.

The latest generation of IFRS standards is aimed at, among other things:
  • reduce the complexity of financial reporting
  • to prevent misuse of financial reporting.
  • reduce the cost of financial reporting.
Have you been working with IFRS for some time now and would you like to deepen your knowledge, understanding and analytical skills? And would you like to learn more about the new standards of recent and future years, such as IFRS 17? And its application in your daily practice? Sign up for Learnit's IFRS Advanced training.

Content

In Learnit's four-day IFRS Advanced course, you will learn more about the basic aspects of reporting in accordance with IFRS. And you will work on specific, more complex subjects related to international accounting standards (IAS). Furthermore, you will become acquainted with more advanced terminology, concepts and applications of IFRS.

Using examples from daily practice, you will learn about the impact of the new IFRS standards on your organisation. A number of practical calculation models and IFRS checklists will help you to make your financial statements transparent and compliant with the very latest IFRS regulations. In addition, there is plenty of opportunity to ask questions during the course days.

Topics

Day 1. IFRS standards
  • IAS 12 - Income tax
  • IAS 19- Employee benefits
  • IAS 33 - Earnings per share
  • IAS 34 - Interim Financial Reporting
  • IFRS 5 - Discontinued operations
  • IFRIC 12 - Service Concession Arrangements
  • IFRIC 20 - Disposal costs in the production phase of a mine
  • Case Studies
Day two. Financial instruments
  • IAS 39 - Recognition and measurement
  • IFRS 2- Share-based payment
  • IFRS 7 - Disclosures
  • IFRS 13 - Determination of fair value
  • IFRIC 16 - Hedges of a Net Investment in a Foreign Operation
  • IFRIC 19 - Extinguishing Financial Liabilities with Equity Instruments
  • Case studies
Day three. Group reports
  • IAS 28 - Accounting for investments in associates and joint ventures
  • IFRS 3 - Business combinations
  • IFRS 8 - Reporting of the nature and financial effects of business activities and economic environments
  • IFRS 10 - Rules for the presentation of consolidated financial statements
  • IFRS 11 - Principles for financial reporting by companies with interests in jointly controlled agreements
  • IFRS 12 - The way in which interests in other companies are disclosed
  • Case Studies
Day four. New standards and consequences for practice
  • IFRS 9 - Financial instruments (monetary assets and liabilities)
  • IFRS 14 - Requirements for the financial reporting of regulated transactions
  • IFRS 15 - Turnover from customer contracts
  • IFRS 16 - Reporting of Leases by the Leaseholder (lessee) and the Lessor (lessor)
  • IFRS 17 - Insurance contracts (introduced on 1 January 2021)
  • Future developments
  • IFRS and statutory audit procedures
  • Case Studies and implementation in practice

Target

This practical IFRS training is intended for anyone who has been working with IFRS for some time and is involved in the preparation, presentation, implementation or analysis of financial reports prepared in accordance with IFRS standards. For example, accounting staff, finance staff, finance managers, auditors, financial analysts, stock market analysts and bankers. 

Results

After completion of the IFRS Advanced training:
  • your knowledge of IAS and IFRS is up to date.
  • you are familiar with the latest standards, such as IFRS and IASB projects.
  • you understand the impact of these standards on financial reporting.
  • you will understand how and why the latest IFRS standards help prevent financial abuse.
  • you know how to implement more complex IFRS standards within your financial organisation.
  • you will understand the explanations and accounting conditions for financial reports of a group of companies.
  • You know the consequences of using IFRS in practice within specific industries.
  • you are well prepared for the IFRS developments in the coming years.

Prior knowledge

To participate in the IFRS Advanced training course, you will have some practical experience with IFRS reporting. Preferably, you have successfully completed the IFRS Essentials course. 

Language

The training is provided by default in Dutch. The trainer controls the English language. English course material can be used. When registering at least 3 participants, the training can also be provided entirely in English.

Investment

Mentioned prices are per person, including course material. Lunch is included in the training on location.

On location Online
Duration 4 days 8 sessions of three hours
Price per day, excl. VAT € 650,- € 565,-
Total, incl. VAT € 3146,- € 2734,60

Certificate

After completing the training, a LEARNIT certificate will be issued as proof of participation.


Online

We also organize this training online. For this we use Webbex or Zoom. Logging in with Skype is also possible. On request this training can also be organized with Microsoft Teams.

Groningen Tuesday 28 July 2020, 10:00-17:00

  • Until one year after the training you can participate for free.
  • Against payment of the catering costs you can also participate in a classroom training.

References

The IFRS Advanced course has been assessed with an average of 8.4.

"Good content training; tailored to the needs of the student."

"Useful and interesting training!"

"A good course with good content, in which new things are learned in an effective/efficient way by means of good teaching material."

"Highly skilled trainer with a broad knowledge of the business. Facilities are thick in order. day of training (7 hours) is just long enough to stay focused".

"Super instructive, step-by-step built and easy to understand for people who don't know about it yet."