| COURSE : FINANCIAL REPORTING STANDARDS (IFRS & GAAP) | |
|---|---|
| Course Overview | Laurels provides a unique web based training solution customised to your company’s requirements allowing training to be delivered via digital media (laptops, tablets or smart phones) at the time of application of the new standard/s. High level training to the accounts team High level training for non-accountants including sales teams, non-executive directors, managers and in-house council Provision of detailed, tailored training for accountants and financial staff as required |
| Training Duration | Total Training Hours : 30 Hours Training Duration : 1 Week Total Training Days : 5 Working Days |
| Training Schedules | Weekdays (Sunday to Thursday) Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm) Food & refreshments Included WeekEnds (Friday & Saturday) Fast Track Sessions: 8 Hours per day (9am to 5pm) Food & refreshments Included |
| Certifications: | 1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE OPTIONAL 2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address) |
| Tests | Yes |
| Learning Aids | Yes |
| Course Material | Hard & Soft Copies of Study Material |
| Language of Instruction | English |
| Instructor Helpline | Yes 1. Email 2. Social Media (For Emergency requirements) |
| Registration Requirements | 1. Passport Copy 2. Curriculum Vitae 3. Passport size photographs 4. Course Fee |
| Mode of Payment: | Cash / Cheque / Credit Card / Bank Transfer. |
| Eligibility Criteria (Who should attend this training) | Semi qualified CA, CS, ICWA working in accounting domain MBA finance working in accounting domain Chartered accountants, company secretaries, ICMA, and other finance professionals Finance managers, chief accountants, accountants Private equity and M&A professionals Graduates working in finance/accounting domain |
| Course Benefits | Learners will be able to understand & explain the structure of the framework of IFRS. Understand the accounting standards in the IFRS/Ind-AS framework, and the related practical application issues. Apply relevant financial reporting standards to key elements of financial reports. Identify and apply disclosure requirements for companies in financial reports and notes. Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint ventures. |
| Course Contents / Outline | Overview of the New IFRS 16 Leases The New AASB 1058 Income of Not-for-Profit Entities The New AASB 9 Financial Instruments - Classification and Measurement Requirements The New AASB 9 Financial Instruments - Impairment Requirements The New AASB 9 Financial Instruments - Hedging Requirements Financial Reporting Update - Getting Ready for 30 June 2017 Overview of the New IFRS 15 Revenue from Contracts with Customers The New AASB 15 – Identifying the Contract and the Separate Performance Obligations in the Contract The New AASB 15 – Determining and Allocating the Transaction Price to the Performance Obligations The New AASB 16 – Identifying a Lease and Determining the Lease term The New AASB 16 – Recognition and Measurement. |