Training on International Financial Reporting Standards (IFRS)
Master International Financial Reporting Standards (IFRS). Learn to apply IFRS principles for accurate and consistent financial statements for global operations
Next intake
20 Jul 2026 · Nakuru
Duration
5 days
Live instruction
Delivery
Physical + Virtual
Cohort based
Level
Advanced
Working professionals
Certification
NITA reimbursable
For Kenyan cohorts
Language
English
All materials
About this programme
International Financial Reporting Standards (IFRS) are globally accepted accounting standards that guide how companies should prepare and present financial statements. As the global business environment evolves, IFRS has become the benchmark for financial reporting. This course is designed to help financial professionals develop expertise in the application of IFRS, covering both fundamental principles and recent updates to ensure compliance with international accounting practices. Participants will gain the skills to transition smoothly to IFRS or enhance their existing knowledge, with practical examples and case studies to solidify their learning.
Course Duration
5 Days
Who Should Attend
- Financial managers and analysts
- Accountants and auditors
- Finance professionals working in multinational corporations
- Financial consultants and advisors
- Anyone involved in the preparation or analysis of financial statements
What you'll walk away with
By the end of this training, participants will be able to:
- Understand the conceptual framework and principles of IFRS.
- Apply IFRS standards to the preparation of financial statements.
- Identify and implement recent updates and changes to IFRS.
- Analyze the impact of IFRS on financial performance and position.
- Address common challenges and issues in IFRS implementation.
What we cover, module by module
Module 1: Introduction to IFRS and Conceptual Framework
- Overview of IFRS and its importance
- The conceptual framework for financial reporting
- Key principles and assumptions in IFRS
- Presentation and disclosure requirements
- Case Study: Analyze a company’s financial statement for IFRS compliance.
- Practical Exercise: Identify reporting issues in sample financial statements and suggest corrections based on IFRS principles.
Module 2: Key IFRS Standards
- IFRS 1: First-time Adoption of IFRS
- IFRS 2: Share-based Payment
- IFRS 3: Business Combinations
- IFRS 5: Non-current Assets Held for Sale and Discontinued Operations
- Case Study: Evaluate a sample acquisition transaction and its treatment under IFRS 3.
- Practical Exercise: Prepare journal entries and disclosure notes for a business combination.
Module 3: Key IFRS Standards
- IFRS 9: Financial Instruments
- IFRS 10: Consolidated Financial Statements
- IFRS 11: Joint Arrangements
- IFRS 12: Disclosure of Interests in Other Entities
- Case Study: Review a group company’s financial statements and assess consolidation and joint arrangement reporting.
- Practical Exercise: Prepare consolidated financial statements for a sample scenario.
Module 4: Revenue and Lease Standards
- IFRS 15: Revenue from Contracts with Customers
- IFRS 16: Leases
- Practical implementation and common challenges
- Solutions and best practices for revenue and lease recognition
- Case Study: Analyze a lease contract and a complex customer contract for correct IFRS treatment.
- Practical Exercise: Prepare revenue recognition schedules and lease accounting entries.
Module 5: Financial Statements and Recent IFRS Updates
- IFRS 13: Fair Value Measurement
- IFRS 16: Leases (revisited)
- Recent updates and amendments to IFRS
- Preparing and presenting IFRS-compliant financial statements
- Case Study: Examine an IFRS financial statement, identify gaps, and suggest amendments.
- Practical Exercise: Draft an IFRS-compliant financial statement for a given scenario, including disclosures.
Where the change lands
Organizational Impact
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The organization will improve its financial reporting and governance, ensuring compliance with global accounting standards and reducing the risk of regulatory penalties.
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This training will lead to enhanced credibility and investor confidence by providing transparent and comparable financial information.
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By fostering a culture of professional and ethical financial management, the organization can enhance its reputation and credibility in the international marketplace.
Personal Impact
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The participant will gain a valuable and in-demand skill set essential for a modern career in global finance.
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This expertise is a crucial skill for career progression into senior accounting, leadership, or international advisory roles.
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The individual will be able to contribute directly to the global operations and financial integrity of their organization by providing expert guidance on IFRS.
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The training provides the confidence and authority to lead and champion robust and transparent financial practices.
Dates and locations
Upcoming intakes
Every intake is limited to a small cohort. Booking closes when a date fills or three weeks before the start, whichever comes first.
| City | Starts | Ends | Delivery | Book |
|---|---|---|---|---|
NakuruNext | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Kigali | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Accra | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Kisumu | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Johannesburg | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Dakar | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
- NakuruNext
20 Jul → 24 Jul·In-Person
Book this intake - Kigali
20 Jul → 24 Jul·In-Person
Book this intake - Accra
20 Jul → 24 Jul·In-Person
Book this intake - Kisumu
27 Jul → 31 Jul·In-Person
Book this intake - Johannesburg
27 Jul → 31 Jul·In-Person
Book this intake - Dakar
27 Jul → 31 Jul·In-Person
Book this intake
Common questions.
Still not sure? Send us a note and a facilitator will get back to you within a business day.
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Course finder
Find the right course for you
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For corporate teams
Training 10+ professionals?
We deliver Training on International Financial Reporting Standards (IFRS) in-house at your offices, at a venue we arrange, or fully virtual. Customise the curriculum against your KPIs, and get a bespoke price for the cohort size you need.