International Financial Reporting Standards (IFRS)

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Classroom sessions
Online sessions

Course Introduction

In today’s interconnected financial landscape, International Financial Reporting Standards (IFRS) serve as the universal language for transparent and comparable financial reporting. This IFRS Training Course provides participants with a practical and updated understanding of IFRS, enabling them to prepare, interpret, and analyse financial statements in line with global expectations. The course strengthens participants’ ability to apply IFRS confidently, ensuring accuracy, consistency, and clarity in financial reporting.

This International Financial Reporting Standards Course emphasises real-world application, bridging the gap between theoretical concepts and practical implementation. Through case-based discussions and hands-on exercises, participants explore how IFRS influences financial statement presentation, accounting policies, and performance communication. By the end of the training, delegates will be equipped to support IFRS adoption, enhance reporting quality, and contribute to informed financial and strategic decision-making within their organisations.

Key areas covered include:

  • Practical application of IFRS in financial reporting
  • Understanding reconciling and non‑reconciling differences between IFRS and GAAP
  • Interpretation of IFRS‑based financial statements
  • Impact of IFRS on policy choices and disclosures
  • Strengthening financial transparency and comparability

Objectives

This IFRS Training Course aims to strengthen participants’ technical knowledge and practical application of International Financial Reporting Standards. The objectives focus on enhancing understanding of the IFRS framework, improving analytical skills, and supporting effective implementation across diverse business environments.

By the end of this course, participants will be able to:

  • Understand the conceptual framework and guiding principles of IFRS
  • Apply major IFRS standards to financial reporting, recognition, and disclosure
  • Analyse and interpret financial statements prepared under IFRS
  • Identify and resolve complex accounting and reporting challenges
  • Strengthen professional judgement in applying IFRS requirements
  • Recognise key differences between IFRS and other standards, including US GAAP
  • Support improved decision‑making, transparency, and reporting consistency

Training Methodology

This International Financial Reporting Standards Course is delivered through an interactive and practice‑oriented approach designed to maximise engagement and retention. Complex IASB requirements are explained in a clear and structured manner, supported by real-life examples that demonstrate how IFRS principles apply in day‑to‑day financial reporting. Participants are encouraged to actively participate, ensuring a deeper and more practical understanding of IFRS concepts.

The training combines instructor-led explanations with hands-on exercises, case studies, and group discussions. This blended methodology helps participants connect theoretical standards with real business scenarios, improving their ability to interpret and apply IFRS effectively. The course also highlights current developments and convergence efforts, ensuring participants remain aligned with evolving global reporting practices.

Who Should Attend?

This IFRS Training Course is ideal for professionals involved in preparing, presenting, analysing, or reviewing financial statements under International Financial Reporting Standards. It is particularly valuable for individuals seeking to enhance their understanding of IFRS implications on reporting quality, comparability, and financial communication across global markets.

This International Financial Reporting Standards Course will benefit:

  • Accounting and finance professionals
  • Financial controllers and reporting managers
  • Internal and external auditors working with IFRS‑based statements
  • Financial analysts and business consultants
  • Senior managers and organisational decision‑makers
  • Bankers and investment professionals evaluating IFRS‑reported entities
  • Professionals involved in IFRS implementation or financial statement analysis

Course Outline

Day 1: Introduction to IFRS and Conceptual Framework

  • Overview of IFRS and global adoption
  • IFRS Foundation and IASB structure
  • Conceptual Framework:
    • Objectives of financial reporting
    • Qualitative characteristics
    • Elements of financial statements
  • Recognition and measurement principles
  • Presentation of financial statements (IAS 1)
  • Case study and practical discussion 

Day 2: Assets Accounting

  • Property, Plant and Equipment (IAS 16)
  • Inventory (IAS 2)
  • Intangible Assets (IAS 38)
  • Impairment of Assets (IAS 36)
  • Investment Property (IAS 40)
  • Practical exercises and real-life examples 

Day 3: Liabilities and Revenue Recognition

  • Provisions and contingencies (IAS 37)
  • Financial liabilities (IFRS 9 – overview)
  • Leases (IFRS 16)
  • Revenue recognition (IFRS 15):
    • 5-step model
    • Contract identification and performance obligations
  • Case studies and application exercises 

Day 4: Financial Instruments and Group Accounting

  • Financial instruments (IFRS 9):
    • Classification and measurement
    • Expected credit losses (ECL)
  • Consolidation (IFRS 10):
    • Control concept
    • Group structure
  • Business combinations (IFRS 3)
  • Introduction to equity method (IAS 28)
  • Practical group accounting exercises 

Day 5: Presentation, Analysis, and Advanced Topics

  • Presentation and Disclosure in Financial Statements(IFRS 18)
  • Statement of cash flows (IAS 7)
  • Earnings per share (IAS 33)
  • Disclosure requirements and transparency
  • Financial statement analysis under IFRS
  • Key differences: IFRS vs US GAAP
  • Final case study and group discussion

Certificate

  • Copex Certificate of Attendance will be provided to delegates who attend and complete the course

Material published by Copex shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.

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This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.

Yes, and we'd love to make that happen. COPEX  specialises in fully customised in-house training, adapting course content to align with your organisation's unique goals, culture, and industry demands. Get in touch with us directly and we'll craft the right solution for your team.

Yes, the choice is yours. The International Financial Reporting Standards (IFRS) Training Course  runs in a traditional classroom setting across various international locations, and it's also available as a live online programme for those who prefer to learn from wherever they are. Pick the format that fits your lifestyle and schedule best.

Not at all. The International Financial Reporting Standards (IFRS) Training Course doors are open to everyone, regardless of your background or how many years you've been in the industry. That said, having some familiarity with the subject area can help you get even more out of the experience.

Our team is available around the clock — 24 hours a day, 7 days a week — ready to answer any question you have. Whether you need help choosing the right course, completing your registration, or sorting out logistics, we're here for you.

Expect an engaging, hands-on journey — not a room full of slides and passive listening. COPEX’s delivery blends presentations with group discussions, real-world case studies, practical exercises, and collaborative workshops. The goal is simple: everything you learn, you can use immediately back at work.

You'll be in good hands. COPEX hosts its courses in premium 4-star and 5-star hotels, with professional, fully equipped training spaces designed for focus and comfort. Throughout each day, you'll enjoy refreshment breaks with coffee and snacks, plus a complimentary lunch following every session.

This International Financial Reporting Standards (IFRS) Training Course welcomes professionals from all walks of corporate life — whether you're a seasoned manager, an emerging team leader, a subject-matter specialist, or simply someone driven to grow in their field. If you're serious about advancing your career and deepening your expertise, this course was built with you in mind.

Absolutely. Every participant who successfully completes the International Financial Reporting Standards (IFRS) Training Course earns an COPEX Certificate of Completion — a recognised mark of professional achievement. Depending on the specific course, it may also qualify for Training credits, which will be clearly noted in the course details.

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