IFRS (INTERNATIONAL FINANCIAL REPORTING STANDARDS)

INTRODUCTION

The International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) to provide a common global language for business affairs so that company accounts are understandable and comparable across international boundaries. This course aims to provide a comprehensive overview of IFRS, including its application and implementation in financial reporting.

OBJECTIVES

•   Understand the fundamental principles and requirements of IFRS.

• Learn how to apply IFRS to the financial statements.

• Analyze and interpret financial statements prepared under IFRS.
• Identify the impact of IFRS on financial reporting and business decisions.
• Stay updated with recent changes and developments in IFRS.