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COURSE:

Diploma in IFRS Course

IFRS Course - Iconic Training Institutes

IFRS (International Financial Reporting Standards) course is designed to provide individuals with an understanding of the principles and application of IFRS. IFRS is a set of international accounting standards developed by the International Accounting Standards Board (IASB), which provides a common language for financial reporting across borders.

The following is a description of topics covered in an IFRS course:

  1. Introduction to IFRS: This module covers the history and development of IFRS, the role of the IASB, and the benefits of using IFRS.
  2. IFRS Framework: This module covers the principles of the IFRS framework, including the qualitative characteristics of financial reporting, the elements of financial statements, and the principles of recognition and measurement.
  3. Financial Statements: This module covers the preparation and presentation of financial statements under IFRS, including the statement of financial position, statement of comprehensive income, statement of changes in equity, and statement of cash flows.
  4. Revenue Recognition: This module covers the principles of revenue recognition under IFRS, including the principles of control and performance obligations.
  5. Leases: This module covers the principles of lease accounting under IFRS, including the classification of leases, the recognition and measurement of lease assets and liabilities, and the presentation of lease information in financial statements.
  6. Financial Instruments: This module covers the principles of financial instrument accounting under IFRS, including the recognition and measurement of financial assets and liabilities, hedge accounting, and impairment.
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We at Iconic Training Institute also cover case studies, practical exercises, and assessments to ensure that individuals can apply the knowledge gained during the course in real-world situations.

Overall, the IFRS course provides individuals with the knowledge and skills needed to understand and apply IFRS principles, and to prepare financial statements in compliance with IFRS. It is particularly useful for accounting and finance professionals who deal with international financial reporting.

Register now to enroll in the course.

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Terms and Conditions:

  1. Iconic Training Institute reserves the right to adjust event details, such as location, schedule, instructor, or delivery method, due to reasons like low enrollment or unforeseen circumstances. Students will be promptly notified of any changes and offered suitable alternatives.
  2. Students must adhere to the assigned class schedule and trainer.
  3. Completion of the course within five months of registration is mandatory. Re-registration is required if the course is not initiated within this timeframe.
  4. Outstanding dues must be settled by the specified due date. Failure to do so may result in training withholding and registration cancellation. No course withdrawal requests will be accepted in such cases.
  5. Students must notify the institute at least 24 hours in advance if unable to attend a class, providing a valid reason. Failure to do so will result in marked absences.
  6. The paid amount is non-refundable. If your course withdrawal request is accepted, the paid amount will be credited to your student profile and can be redeemed by you or a referral for any course.
  7. To receive the KHDA course completion certificate, students must achieve a minimum score of 50% in the final exam. Certificate processing will be handled by the institute upon ministry approval. Any ministry-mandated changes will apply to registered students.
  8. Students must refrain from disseminating false or incomplete information about the course or the institute.
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