International Financial Reporting Standards

IFRS are rapidly becoming the global accounting standards for all business sectors. Therefore learning to apply these standards properly is no more a luxury but a necessity for every accountant auditor financial analyst and financial professional.

The correct adoption of IFRS promises organizations many benefits including enhanced investor confidence greater consistency and transparency of financial reporting as well as the ability to compare financial information from companies around the world. This course will ensure you are fully aware of all the recent developments in international accounting by offering complete information on how to successfully implement IFRS in your organization.

Adults

Certificate Awarded

Course Content:

• General principles and balance sheet related standards
• Presentation of accounting statements
• Asset accounting
• Balance sheet related standards
• Leases
• Inventories
• Investment property
• Intangible assets
• Financial instruments
• Profit and loss related standards and fair value measurement
• Revenue accounting
• Share based payment
• Earnings per share
• Provisions contingent assets and contingent liabilities
• Fair value measurement
• Group accounting standards and first time adop

The Accountants & Auditors Association (AAA) is the national accountancy body of the United Arab Emirates. We are a not-for-profit organization and have Undertaken Key strategic initiatives to develop the accountancy and finance profession in the country. The Association was established in 1997 through a federal mandate with the key objective of building capacity of the national accountancy and finance profession in line with best global practices and standard. We actively work with related authorities to propose the accounting and auditing standards in the country , suggest new regulatory standards for the profession. We deploy the highest standards of ethical and professional conduct to our members.

AAA's mission is to serve our members, the profession and society. We support the Ministry of Economy ‘s vision of achieving 100 professionally qualified UAE nationals in the field of accounting practice by the year 2021. Our core values are: credibility and transparency, professionalism, continuing professional development, effective relationship and partnership management, and community & public service.