IFRS Course Training
17 Online Courses
IFRS 1 â€“ First-time Adoption of International Financial Reporting Standards
IFRS 2 â€“ Share-based Payment
IFRS 3 â€“ Business Combinations
IFRS 4 â€“ Insurance Contracts
IFRS 5 â€“ Non-current Assets Held for Sale and Discontinued Operations
IFRS 6 â€“ Exploration for and Evaluation of Mineral Resources
IFRS 7 â€“ Financial Instruments: Disclosures
IFRS 8 â€“ Operating Segments
IFRS 9 â€“ Financial Instruments
Skills you will master
- First-time Adoption of International Financial Reporting Standards
- Share-based Payment
- Business Combinations
- Insurance Contracts
- Non-current Assets Held for Sale and Discontinued Operations
- Exploration for and Evaluation of Mineral Resources
- Financial Instruments: Disclosures
- Operating Segments
- Financial Instruments
- Consolidated Financial Statements
- Joint Arrangements
- Disclosure of Interests in Other Entities
- Fair Value Measurement
- Regulatory Deferral Accounts
- Revenue from Contracts with Customers
- Consolidated Financial Statements ( Pre & Post-IFRS)
Online IFRS Certification Course
This IFRS Course Training is an awesome bundle of 17 comprehensive IFRS courses with 40+ hours of video tutorials and Lifetime Access. Along with this, you also get verifiable certificates (unique certification number and your unique URL) when you complete these courses.
IFRS stands for International Financial Reporting Standards. These standards were created and controlled by the International Accounting Standards Board (IASB). Other than the US, many, many countries have been using IFRS as a guide for their accounting and reporting standards.
In this training bundle, you will learn everything that you should know about IFRS. So, if you’re looking for an ultimate course that teaches you IFRS, here it is.
Here, let’s look at the following details about the IFRS certification course:
- About Online IFRS Course
- IFRS Course Curriculum
- Certificate of Completion
- Pre-requisites to this Course on IFRS
- Sample Preview of this course on IFRS
- Target Audience for this Course on IFRS
- Online IFRS Course FAQs – General Questions
- Online IFRS Course Review / Testimonials
Online Venture Capital Course
|Course Name||Online IFRS Certification Course Bundle|
|Deal||You get access to all 2 courses bundle.|
|Hours||40+ Video Hours|
|Excel Templates Included?||Excel templates that were used are provided as a download|
|Course Validity||Lifetime Access|
|Eligibility||No eligibility as such. You should have a keen interest in learning.|
|Pre-Requisites||None (Basic accounting knowledge should help)|
|What do you get?||Certificate of Excellence for each of the 17 courses|
|Certification Type||Course Completion Certificates|
|Verifiable Certificates?||Yes, you get verifiable certificates for each course with a unique link. These link can be included in your Resume/Linkedin profile to showcase your enhanced skills|
|Type of Training||Video Course – Self Paced Learning|
|Software Required||Excel (2007 or above)|
|System Requirement||1 GB RAM or higher|
|Other Requirement||Speaker / Headphone|
Online IFRS Course Curriculum
Before we talk about the prerequisites, FAQs, and target audience, let’s have a look at this comprehensive course curriculum.
|Serial No.||Course Name||Course Description|
|1||IFRS 1: First Time Adoption of International Reporting Standards||This is the first module of the IFRS Certification course and it will take you through what IFRS is all about. This module is added so that if you don’t know anything about IFRS, this is a handy guide to get started. First, you will learn about the IFRS and what IFRS 1 is all about. Then. you will learn about the scope of the IFRS, local gap. IFRS timeline, IFRS requirements, and IFRS exemptions & exceptions. Next, you will learn about IFRS disclosures and an example to understand the whole concepts. It will take around 1 hour 44 minutes and you would go through 17 videos.|
|2||IFRS 2: Share-based Payment||In this module of IFRS Certification course, you will first learn the overview of the share-based payment. Then, we will cover what IFRS 2 won’t cover under the scope, the basic principles, equity-settled, and grant date. Next, you will learn about vesting conditions, non-vesting conditions, the impact of conditions, vesting periods, valuation of awards, cash-settled awards, share-based payment awards, disclosures, and a few examples. It will take 2 hours and you need to go through 22 videos.|
|3||IFRS 3: Business Combinations||In this module, first, you will learn about the overview of business combinations. Then, you will learn about the scope, business combinations, method of accounting, acquisition date, acquired assets & liabilities, goodwill, measurement of NCI, examples on goodwill, and business combinations in stages. Next, you will learn about the measurement period, contingent consideration, acquisition cost, disclosures etc. and a few examples. It will take you around 2 hours and you need to go through 26 videos.|
|4||IFRS 4: Insurance Contracts||In this IFRS Certification course, first, you will get to understand a brief overview of insurance contracts. Then, you will understand what insurance contracts are all about in detail. Next, we will talk about the objective & scope of insurance contracts. Then, you will learn about embedded derivatives, unbundling scenario, recognition & measurement, liability adequacy test & impairment, changes in accounting policies, business combinations & disclosures. It will take you around 1 hour and you need to watch 12 videos.|
|5||IFRS 5: Non-current Assets Held for Sale and Discontinued Operations||In this IFRS Certification training, you will get an overview of non-current assets held for sale & discontinued operations. Then, you will learn about the objectives, definitions, initial classification requirement, high probable sale, allocating assets & liabilities to a disposal group, measurement requirements, measurement of assets held for sale etc., disclosure transaction, and an example of the disclosure. It will take you around 2 hours 9 minutes and you need to go through 19 videos.|
|6||IFRS 6: Exploration for and Evaluation of Mineral Resources||First, you will get an overview of the module. Then, we will talk about the scope and recognition of E & E, accounting policy choice, the changes in accounting policy. Then, you will go through the classification of E & E and cash flow and measurement. Next, we will talk about impairment and conclude with an example & revision. The whole module will take around 1 hour 25 minutes and you need to go through 12 videos.|
|7||IFRS 7: Financial Instruments – Disclosures||In this IFRS training course, you will first understand the brief overview of the financial instruments – disclosures. Then, we will talk about the objective & scope. Then, you will learn about the balance sheet and the income statement & their fair value. Next, we will go in-depth about the qualitative risk disclosures & credit risk. This module will take you around 1 hour 48 minutes and you need to watch 16 videos in total.|
|8||IFRS 8: Operating Segments||First, you will get an overview of the segment reporting. Then, you will learn about the scope and operating segment. You will also learn how to identify the operating segment, how to identify the business activity, you will learn about interest JV, reportable segment, understand the measurement, disclosures, and finally, you will go through examples. This entire module will take you around 2 hours 19 minutes and you need to watch 17 videos.|
|9||IFRS 9: Financial Instruments||This module will also start with an introduction to the financial instruments. Then, you will learn about the objective and the scope and the financial asset classification, cash flow characteristics test, hold to collect business model, reassessment of the business model, classification model, hedge accounting, and finally, quick revision. This entire module will take you 2 hours 24 minutes and you need to watch 19 videos in total.|
|10||IFRS 10: Consolidated Financial Statements||We will start with an overview of the consolidated financial statements. Then, you will learn about the objectives and the scope and examples. Then, you will learn about power over the investee, power over variable returns, power to affect return, and summary & examples. It will take you 2 hours 17 minutes and you need to watch 19 videos.|
|11||IFRS 11: Joint Arrangements||This IFRS Certification course will also start with a brief overview. Then, we will talk about the objective and scope and will talk in length about the joint arrangement, joint control, relevant activities, and examples. Finally, you will learn about joint arrangement accounting, transition, and disclosures. It will take 1 hour 28 minutes of your time and you need to watch 13 videos.|
|12||IFRS 12: Disclosure of Interests in Other Entities||After a brief overview of the topic, this IFRS training will start with the scope of the disclosure of interests in other entities. Then, we will talk about significant judgment and interest in subsidiaries. Next, we will talk about non-controlling-interest, consolidated structured entities, and unconsolidated structured entities. Finally, we will complete this module with an example. It will take around 1 hour 6 minutes and you need to watch 13 videos.|
|13||IFRS 13: Fair Value Measurement||After the introduction, you will learn the scope and why this IFRS is important. Then, you will learn the key definitions and highest & best use. Next, we will talk about the measurement – asset & liability, identifying the principle, FV initial recognition, non-financial asset, defensive value, and many such concepts. Then, we will talk about the valuation technique, and finally, you will learn about the FV hierarchy & disclosures. You will need to invest 2 hours 55 minutes and watch 24 videos.|
|14||IFRS 14: Regulatory Deferral Accounts||First, we will start with an introduction of regulatory deferral accounts. Then, you will learn about scope flow chart, key definitions, recognition & measurement, service concession arrangements, income tax, impairment, and finally, group considerations, presentations, and disclosures. You would need to spend around 1 hour 24 minutes and you need to watch 24 videos.|
|15||IFRS 15: Revenue from Contracts with Customers||We will start this IFRS Certification course with a brief overview of revenue from the contract with customers. Then, you will learn about the scope and key definitions. Next, we will go in detail with the revenue model and then will talk about the guidance of IFRS 15, types of warrants, and finally about disclosures & transition. You need to invest 2 hours 33 minutes and you need to watch 21 videos.|
|16||IFRS 16: Leases||In this IFRS Certification course, we will talk about leases. After a brief introduction, we will go in length about identifying the asset, combination of contract, and lease team. Then, we will talk about lease accounting, determining lease payment, lease liability etc. And finally, we will talk about sale back lease transaction, exemptions of IFRS 16, sublease arrangements, and transitions. You need to invest around 2 hours 37 minutes and you would watch 25 videos.|
|17||Consolidated Financial Statements (Before & Post IFRS)||This is the last module of the IFRS Certification course but one of the most important ones. You will learn to work on CFS Sheet, major changes, three elements of control, potential voting rights, control assessment, examples on the kick out rights etc. Then, we will talk about the consolidation procedures, CFS – Disclosures, and finally, we will conclude the module with GAAP & joint accounting. You need to invest around 3 hours and will watch 26 videos in total.|
Certificate of Completion
Pre-requisites to this IFRS training
There are few requirements for this course. Let’s have a look –
- Willingness to learn about IFRS: If you’re not interested in knowing about IFRS, you will not be able to extract the best out of it. On the other hand, if you want to know in-depth about it, this is the best IFRS Certification course in the market.
- The basic knowledge of accounting: You don’t need to know everything about accounting to understand this course, but a basic sense of accounting will help you extract the best out of this IFRS Certification course.
Target Audience of this IFRS Training
- Students of finance & accounting: Not all finance and accounting students might be interested in this. But this course is for those who would like to pursue a career in accounting and would want to stay there for a long haul.
- Accounting professionals: This is typically created for accounting professionals. If you’re one you may need to refer to IFRS more than once. Why not do this course and be a master of IFRS!
FAQ – General Questions on IFRS Course
Why should I do this IFRS certification training?
Because this is the best IFRS course available in the market on IFRS.
If I don’t have an accounting background, can’t I do this IFRS certification training?
The honest answer is no. But yes, if you want to learn the fundamentals of accounting and understand IFRS, you’re more than welcome to do this course.
How this IFRS certification course would add value to my professional life?
This is a comprehensive course on IFRS. Doing this course will help you understand how IFRS works and your knowledge in accounting will also increase multifold.
IFRS Course Testimonials
Great learning experience