COURSE OVERVIEW
FM0092 : IFRS update
OVERVIEW
COURSE TITLE | : | FM0092 : IFRS update |
COURSE DATE | : | Oct 20 - Oct 24 2024 |
DURATION | : | 5 Days |
INSTRUCTOR | : | Mr. Douglas Robinson |
VENUE | : | Al Khobar, KSA |
COURSE FEE | : | $ 7000 |
Register For Course Outline |
OTHER SCHEDULED DATES
**---- No Other Scheduled Dates ----** |
Course Description
This course is designed to provide participants with a detailed and up-to-date overview of IFRS updates. It covers the IFRS standard setting process, financial position presentation format as per IAS1 and income statement minimum presentation requirements as per IAS1; the components and classification of stockholders’ equity including the IFRS rules for current assets and liabilities; the cash and cash equivalents, accounts receivable, accounts payable and accruals; the inventory, IFRS rules for non-current assets and liabilities, property, plant and equipment; the intangible assets and cost model versus revaluation model; distinguishing investment property from other assets; and the provisions, contingent liabilities and contingent assets.
During this interactive course, participants will learn the types of investment securities, the IFRS 9, initial recognition and subsequent measurement; the scope of IFRS 15 and its five step model frame work covering identifying the contract with the customer and performance obligations in the contract, determining the transaction price, allocating the transaction price to the performance obligations in the contract and recognizing revenue when the entity satisfies a performance obligation; and the lease transaction including accounting by lessees, accounting by lessors and effective date and transition.
link to course overview PDF
During this interactive course, participants will learn the types of investment securities, the IFRS 9, initial recognition and subsequent measurement; the scope of IFRS 15 and its five step model frame work covering identifying the contract with the customer and performance obligations in the contract, determining the transaction price, allocating the transaction price to the performance obligations in the contract and recognizing revenue when the entity satisfies a performance obligation; and the lease transaction including accounting by lessees, accounting by lessors and effective date and transition.
TRAINING METHODOLOGY
This interactive training course includes the following training methodologies as a percentage of the total tuition hours
LecturesWorkshops & Work Presentations
Case Studies & Practical Exercises
Videos, Software & Simulators
In an unlikely event, the course instructor may modify the above training methodology before or during the course for technical reasons.
VIRTUAL TRAINING (IF APPLICABLE)
If this course is delivered online as a Virtual Training, the following limitations will be applicable
Certificates | : | Only soft copy certificates will be issued to participants through Haward’s Portal. This includes Wallet Card Certificates if applicable |
Training Materials | : | Only soft copy Training Materials (PDF format) will be issued to participant through the Virtual Training Platform |
Training Methodology | : | 80% of the program will be theory and 20% will be practical sessions, exercises, case studies, simulators or videos |
Training Program | : | The training will be for 4 hours per day starting at 09:30 and ending at 13:30 |
H-STK Smart Training Kit | : | Not Applicable |
Hands-on Practical Workshops | : | Not Applicable |
Site Visit | : | Not Applicable |
Simulators | : | Only software simulators will be used in the virtual courses. Hardware simulators are not applicable and will not be used in Virtual Training |
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