IFRSS
IFRSS
IFRSS
Internationally Recognized
IFRS is the framework, standards and interpretations designed by experts to further progress the
understanding of International Financial Reporting Standards.
IFRS is designed in public interest to set a uniform group of superior eminence in regards to global
accounting standards.
IFRS delivers a convergence in accounting standards and financial reporting to supplement corporate
transparency and support rigorous reporting standards through all facets of an organization.
International Financial Reporting Standards is recognized in 115 countries worldwide and mandated in 85.
WHY WAS IFRS DEVELOPED?
P2P IFRS was devised by PWC experts to provide a ‘just in time’ solution for this knowledge
gap on IFRS. It is intended to help people understand what IFRS is about, and reduce the risk of
P2P IFRS has proved a successful way of supporting the training of staff throughout an
organization, from senior management and audit committee members who need to
understand the impact of IFRS on strategic issues and business operations, to executives
involved in preparing financial information. It is also useful for investors and other stakeholders
who need a sound understanding to make informed business decisions based on IFRS
information.
WHO IS IT FOR?
P2P IFRS was designed for reporting teams, company executives and accounting professionals. It can be
used as a standalone introduction, as a foundation to classroom training, or as a refresher or reference
tool. The target audience includes:
Analysts and anyone making business decisions based on IFRS financial statements
Executives involved in preparing IFRS financial information
Board members and managers preparing for IFRS transition and embedding; and
Accounting professionals using IFRS for their company’s statutory, regulatory and management
reporting
BENEFITS
1.Introduction
2. Financial
8. Presentations
Statements
6.Financial
4.Assets
Instruments
5.Liabilities
CONTENT DETAILS
Introduction • Exploration and • Construction contracts
• Package introduction evaluation assets • Share-based payments
• Overview of IASB and IFRS • Impairment
Presentation
Financial statements Liabilities • Hyperinflation
• IASB Framework • Provisions and contingencies • Subsequent events
principles and policy • Tax • Non-current assets held
• Balance sheet • Employee benefits for sale and discontinued
• Statement of • Government grants Operations
comprehensive income
• Cash Flow statement Financial Instruments
• First-time adoption of • Introduction to financial
IFRS instruments
• Recognition and
Consolidation de-recognition of financial
• Subsidiaries instruments
• Associates • Non-derivative financial
• Joint ventures assets
• Foreign currencies • Debt/equity
• Business combinations • Derivatives and hedging
• Leasing
Assets • Insurance
• Intangible assets • Disclosure of financial
• Property plant and Instruments
equipment Profit, Loss and Equity
• Investment property • Revenue
• Inventory • Earnings per share
• Agriculture • Related-party transactions
PRICING
Institute of Finance Banking and Insurance (IFBI) , a strategic initiative of NIIT Ltd.,has been set up
to cater to the manpower requirements of the exponentially growing Finance sector in India and
internationally, and has been significantly contributing to the BFSI sector since its founding in
2006. IFBI has trained over 16,000 existing BFSI professionals since October 2006. IFBI, which also
offers individual education to career-seeking students through its education centre, has delivered
over 6500 industry-ready professionals to the BFSI sector since 2006.IFBI focuses delivering
educational products and services. These include e-learning, public and custom
classroom training, reference manuals and consultancy. It currently focuses on
technical business skill areas of project management, service management and
finance. The business is organized into two separate trading divisions – “The
Corporate Training Group “and the “ILX Group Best Practice” having offices in the UK
& US.
Please write for more details and for free demonstration to:
• Babanpreet Kaur - babanpreet.kaur@niit.com