CATEGORY TYPE: Finance & Accounting



This course can be scheduled at your convenience, to request this course please click here

This Program introduces to the international accounting standard related to financial reporting and aim to improve trainees’ skills to apply IFRS in their jobs, though extensive practices and case studies.

  • Be acquainted with the International Accounting Standards and International Financial Reporting Standards.
  • Know how to implement the IAS / IFRS practically.
  • Gain deep skills and knowledge in dealing with accounting issues.

Day One:


1-    Framework for the preparation and presentation of Financial Statements:


  • Objectives of Financial Statements.
  • Qualitative characteristics'.
  • Accounting Treatment.
  • Presentation and Disclosure.
  • Case study.


2-    First Time Adoption of IFRS:


  • Key Concepts (Reporting Date, Transition Date).
  • Opening Balance Sheet.
  • Assets.
  • Business Combinations.
  • Presentation and Disclosure.
  • Case study


Day Two:


Presentation of Financial Management IAS 1:


  • Key concepts( Fair Presentation)
  • Types of financial Statements.
  • Financial Analysis and Interpretation.
  • Case Study


Day Three:


1-    Cash flow Statement IAS 7


  • Key Concepts (Cash, Cash flows Cash Equivalents).
  • Accounting Treatment (Direct Method, Indirect Activities).
  • Operating Activities
  • Investment Activities.
  • Financing Activities.
  • Financial Analysis and interpretation.
  • Case Study.


2-    Accounting policies, change in Accounting Estimates and Error IAS  8:


  • Key concepts (Accounting Policies, Change in Accounting Estimates, Prior Period errors).
  • Presentation and Disclosure (Voluntary Change, impending Change, Change in Accounting Estimates).
  • Financial Analysis and interpretation.
  • Case Study.


Day Four: 


Revenue IAS 18:


  • Key concepts (Revenue, fair Value, effective yield).
  • Accounting Treatment ( Measuring Fair value, Sale of good, Services , interest Income, dividends, Uncertainty)
  • Case Study.


Day Five:


Property, Plant and Equipment IAS 16:


  • Key concepts (Cost, fair value, depreciation, Residual value, Useful life).
  • Measuring of Qualifying Assets.
  • Cost Models.
  • Capitalizing Vs Expensing Cost.
  • Case Study.

Accounting department staff (minimum 7 years experience).

    • 5 Day(s)

    The presentation is generally appealing to me. The dedication & devotion of the instructor are both laudable & admirable.
    Mohammed F. Alotaibi

    Really this course is important for any inspector, so I will recommended it for our employees. And thanks a lot!
    Ahmed Al-Yami

    You are doing excellent bringing such very talented instructor. Please keep it up.
    Ahmed Afifi
    Al-Zamil CoolCare

    I would like to appreciate you as well as the instructor for a good training due to the fact that the helping to gain new information about the types of valve with advantages and disadvantage as well. Many thinking.
    Zaki Ali Aldawood

    This course was very beneficial and helpful to understand one of the Major NDT method. I encourage ITC to continue with this performance.
    Talal Saad AlHasawi

    ITC service was in overall excellent. Thanks.
    Wael M. Morsy

    This course was good and a nice guide to the PMP exam. Thanks.
    Yazeed Mohamed Mreki
    General Authority of Civil Aviation (GACA)

    It was good course & good preparation with excellent instructor. Thanks a lot.
    Faisal Mahdi Al-Qahtani

    It was a nice course to have. I suggest taking this course with the same instructor to other people. Thanks for the instructor for his kindness & helfull during the course.
    Abdul-Moniem Al-Humoud

    It is very important course, which enable us to improve our knowledge to work approaching our big account and can be recall us the key account. This is will support us to active result for the best of the Co.
    Mohammed Amjad
    Al-Suwadi Services

    The instructor is highly and technical knowledgeable in explaining all the subject in the course taken.
    Noel V. Garan
    Coldstorec Group Of Saudi Arabia

    Instructor was well prepared and knowledgeable I gain lot of useful information.
    Gulam Khan
    Saudi Aramco

    It was a good learning experience. Got to know the concept involved in key account.
    Muthuraman Nachiappan
    Al-Suwadi Services

    The instructor Mr. Ahmed Sabry has a very nice spirit.
    Salam Fakhoury
    Al Khodari Company

    It is very useful to us and increase our knowledge.
    Mohammed Rashed Afifi
    Al Khodari Company

    The course is excellent and helpful. It help me in organizing the work in more safe manner.
    Muzammil Hayat
    Al Khodari Company

    The instructor is very knowledge and hard working, his way of teaching is very good.
    Ibrahim Darwish
    Al Khodari Company