Course Details

International Financial Reporting Standards are Standards and Interpretations issued by International Accounting Standards Board (IASB). They comprise of International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), International Financial Reporting Interpretations Committee (IFRIC) Interpretations; and Standing Interpretations Committee (SIC) Interpretations. IFRSs have evolved over the last few years to cater the ever changing complex businesses requirements. As of now, 41 IAS and 13 IFRS have been issued. Out of the 41 IAS, several of them have been suspended with the passage of time.

Objectives :

• A Detailed refresher on key accounting standards
• Updates on the recent changes in accounting standards
• Understanding of practical accounting issues
• Knowledge of difference of US GAAP vs. IFRS
• Case study discussions on the implementation & applications of reporting concepts