About the Course
Organizations want IFRS reporting they can defend, not commentary that looks correct until the audit review begins. To do that, you need to demonstrate judgement in lease accounting under IFRS 16, revenue analysis under IFRS 15, financial instrument assessment under IFRS 9, and disclosure planning aligned with IAS 1, while also using consolidation logic under IFRS 10 and fair value thinking under IFRS 13. The real capability set is specific: amendment tracking, technical interpretation, impact assessment, disclosure drafting, and audit support. IFRS 18 and IFRS 19 are also reshaping how finance teams think about presentation and disclosure structure, which means update work now sits closer to reporting design than simple compliance checking.
This course turns scattered knowledge into a structured IFRS application system. You will practice amendment triage, accounting policy mapping, technical memo writing, disclosure gap analysis, and journal-entry impact review using current IFRS examples and reporting templates. You will also be introduced to emerging presentation and implementation issues around IFRS 18 and IFRS 19 at a practical overview level, so you can scope internal follow-up without overstating implementation depth. What you will learn is how to assess the effect of IFRS changes, build defensible accounting positions, and prepare reporting outputs that stand up to internal review and external audit. In hands-on work, you will develop impact matrices, disclosure checklists, and reporting adjustments; at overview level, you will review current amendment themes and common implementation risks across close cycles.
Finance teams often operate with limited close windows, mixed ERP outputs, and competing priorities from audit, treasury, tax, and executive reporting. This workshop is built for professionals who must deliver under those constraints, with realistic attention to documentation quality, disclosure consistency, and change control across the reporting pack. This course teaches IFRS application through case-based analysis so you can move from standard updates to auditable reporting action.
Target Audience
This advanced IFRS update and application workshop is built for finance professionals who already work inside the reporting cycle and now need to interpret changes with precision, defend accounting positions, and keep disclosures aligned across the full close process.
- Financial Controllers responsible for IFRS close quality and reporting governance
- Group Reporting Managers coordinating consolidation and disclosure packs
- Technical Accountants drafting IFRS positions on amendments and edge cases
- External Reporting Specialists preparing audit-ready notes and annual reports
- Finance Business Partners translating accounting changes for operational leaders
- Chief Accountants overseeing policy consistency across entities and ledgers
- Financial Reporting Managers managing statement presentation and review cycles
- Senior Accountants handling lease, revenue, and financial instrument adjustments
- Consolidation Accountants reconciling group balances and elimination entries
- Internal Audit professionals reviewing controls over IFRS reporting judgments
Course Objectives
This course equips you to plan, execute, and measure IFRS reporting initiatives that improve statement accuracy, strengthen disclosure compliance, and support defensible executive reporting.
- Assess IFRS amendment impacts using a technical interpretation matrix and close-cycle checklist.
- Apply IFRS 15, IFRS 16, and IFRS 9 logic to reporting scenarios.
- Design an accounting impact assessment for policy changes, estimates, and presentation updates.
- Build disclosure gap analyses aligned with IAS 1 and annual report requirements.
- Calculate journal-entry and note-disclosure adjustments from lease, revenue, and financial instrument cases.
- Evaluate reporting outputs against IFRS presentation, consolidation, and fair value requirements.
- Navigate audit queries, management review, and technical accounting approvals across reporting teams.
- Synthesize findings into a technical memo, update register, and action plan for finance leadership.
Requirements & Prerequisites
Prerequisites required: strong working knowledge of IFRS-based financial reporting, journal entries, and year-end or quarterly close processes. You should already be comfortable reading primary financial statements, management accounts, and disclosure notes. No coding is required, but you should bring a laptop for template-based exercises and be prepared to work through reporting scenarios, technical memo drafting, and impact assessment tables. Advanced concepts are taught at an operational application level, not as technical standard-setter theory.
Professional and Organizational Impact
When you lead IFRS reporting with credible data and practical strategies, you become a trusted driver of reporting integrity and audit confidence.
- Build stronger technical judgment on IFRS amendments and edge-case accounting.
- Gain confidence in lease, revenue, and financial instrument application.
- Strengthen disclosure writing for annual reports and interim financial statements.
- Enhance your ability to defend positions during audit review meetings.
- Develop sharper impact-assessment skills across policy and estimate changes.
- Position yourself as a reliable advisor to controllers and CFOs.
- Expand into group reporting, technical accounting, or external reporting roles.
Organizations that embed IFRS update discipline into close and reporting workflows reduce restatement risk, improve audit readiness, and strengthen capital-market credibility.
- Reduce financial statement errors from missed amendment impacts.
- Lower audit friction through clearer technical memos and evidence trails.
- Improve close-cycle efficiency with standardized IFRS impact templates.
- Strengthen disclosure consistency across entities and reporting periods.
- Support better governance over accounting policy changes and approvals.
- Protect reputation through defensible, transparent external reporting.
- Improve investor and board confidence in reported numbers.
Training Methodology
This is a practical, outcome-driven course designed to turn IFRS update aspiration into measurable action and credible reporting.
Methodology includes:
- Hands-on calculation using lease modification and revenue recognition templates.
- Scenario simulation on year-end close decisions under amendment deadlines.
- Diagnostic review using an IFRS disclosure checklist and technical memo rubric.
- Stakeholder mapping of finance, audit, controller, and board reporting lines.
- Case study analysis across banking, manufacturing, insurance, and telecom reporting patterns.
- Group workshop producing an accounting impact assessment under close-time constraints.
- Reflection exercise comparing current reporting practice to IFRS amendment benchmarks and audit findings.
Upcoming Sessions
Next available dates worldwide
Certification
Recognized credentials that advance your career
Participants who complete the IFRS Update and Application Workshop Training Program earn a Trainingcred Certificate of Achievement, demonstrating professional competence and alignment with global standards in learning and development.
NITA Accredited
Accredited by the National Industrial Training Authority, ensuring programs meet nationally recognized standards of quality and relevance.
CPD Certified
Recognized by the CPD Certification Service, ensuring every program meets internationally benchmarked standards of professional excellence.
Why this course earns its place on your CV
Accredited training, practitioner trainers, and peers on the same career track — the three things real expertise is built on.
Effective Learning & Skill Development
- Build expertise with structured, outcome-driven learning.
- Equip individuals and teams with skills that grow with industry needs.
- Reinforce learning through real-world scenarios, case studies and practical exercises.
Career Growth & Professional Advancement
- Apply what you learn with a proven methodology that ensures lasting impact.
- Develop immediately usable skills that translate directly into workplace success.
- Gain the expertise needed for career advancement and leadership roles.
Training Optimization & Learning Excellence
- Tailor training to industry-specific challenges and organizational goals.
- Use data-driven insights and automation to enhance training effectiveness.
- Evaluate progress and ensure long-term learning success.
