Pideya Learning Academy

International Budgeting and Financial Reporting Standards (IFRS)

Upcoming Schedules

  • Live Online Training
  • Classroom Training

Date Venue Duration Fee (USD)
20 Jan - 29 Jan 2025 Live Online 10 Day 5250
10 Mar - 19 Mar 2025 Live Online 10 Day 5250
14 Apr - 23 Apr 2025 Live Online 10 Day 5250
19 May - 28 May 2025 Live Online 10 Day 5250
21 Jul - 30 Jul 2025 Live Online 10 Day 5250
15 Sep - 24 Sep 2025 Live Online 10 Day 5250
06 Oct - 15 Oct 2025 Live Online 10 Day 5250
24 Nov - 03 Dec 2025 Live Online 10 Day 5250

Course Overview

The “International Budgeting and Financial Reporting Standards (IFRS)” course by Pideya Learning Academy is a meticulously structured training program designed to equip finance professionals, accountants, and business leaders with the necessary expertise to navigate the complexities of modern financial reporting and budgeting. This comprehensive program is structured into two key modules: Budgeting for Performance Management and Certified International Financial Reporting Standards (IFRS). Participants have the flexibility to undertake each module separately or opt for an intensive two-week journey that integrates both areas, ensuring a well-rounded and in-depth learning experience.
Financial reporting and budgeting play a pivotal role in shaping business strategies, influencing corporate decision-making, and maintaining regulatory compliance. According to a 2023 Deloitte CFO Insights Report, nearly 78% of CFOs identified enhanced financial planning and analysis (FP&A) capabilities as a top priority for organizational resilience and competitiveness. Similarly, a PwC Global Accounting Survey found that 72% of companies struggle with IFRS compliance, primarily due to evolving regulations, lack of standardization, and inadequate technical expertise. Against this backdrop, professionals must stay ahead of regulatory changes, refine budgeting methodologies, and develop the skills necessary to ensure transparency, accountability, and long-term financial stability.
This course is uniquely designed to bridge these industry gaps by offering an extensive understanding of performance-driven budgeting strategies and globally recognized financial reporting standards. Participants will gain insights into the latest IFRS updates, enabling them to interpret financial statements effectively and align reporting processes with international best practices. The Budgeting for Performance Management module emphasizes how organizations can integrate data-driven financial planning techniques to optimize resources, enhance operational efficiency, and achieve strategic goals. It also delves into key aspects such as forecasting accuracy, variance analysis, and performance-linked budgeting, ensuring that participants develop a structured and strategic approach to budgeting.
On the financial reporting front, the Certified International Financial Reporting Standards (IFRS) module provides a thorough exploration of global accounting principles, revenue recognition frameworks, and financial disclosure requirements. With the rapid evolution of financial regulations, professionals must stay adept at analyzing financial reports for compliance, ensuring consistency in corporate financial statements, and aligning their financial reporting structures with international norms. This course empowers participants with the tools and methodologies required to reduce compliance risks, improve audit readiness, and strengthen investor and stakeholder confidence.
Key highlights of this training include:
Strategic Budgeting Techniques: Learn how to develop data-driven and performance-linked budgets that align with business objectives and enhance financial predictability.
IFRS Mastery: Gain a deep understanding of IFRS principles, standards, and reporting frameworks to ensure compliance, accuracy, and global financial consistency.
Financial Statement Analysis: Enhance your ability to interpret financial reports, assess key performance indicators (KPIs), and apply best practices in financial disclosure.
Regulatory Updates & Compliance: Stay informed on the latest IFRS developments, their implications, and how to integrate them into organizational financial strategies.
Resource Allocation & Performance Management: Understand how to align budgeting practices with corporate performance goals, ensuring optimal resource allocation and efficiency.
Decision-Making with Financial Data: Strengthen your ability to leverage financial data for strategic decision-making, improving organizational resilience and sustainability.
Industry-Recognized Certification: Enhance your professional credentials with a globally recognized certification from Pideya Learning Academy, positioning yourself as a leader in financial management and compliance.
By the end of this training, participants will have developed a robust financial skillset that empowers them to drive business performance, optimize resource planning, and ensure compliance with international accounting standards. Backed by Pideya Learning Academy’s expertise in corporate financial training, this program guarantees a transformative learning experience that equips professionals with the knowledge, confidence, and strategic acumen required to thrive in today’s complex financial landscape.

Key Takeaways:

  • Strategic Budgeting Techniques: Learn how to develop data-driven and performance-linked budgets that align with business objectives and enhance financial predictability.
  • IFRS Mastery: Gain a deep understanding of IFRS principles, standards, and reporting frameworks to ensure compliance, accuracy, and global financial consistency.
  • Financial Statement Analysis: Enhance your ability to interpret financial reports, assess key performance indicators (KPIs), and apply best practices in financial disclosure.
  • Regulatory Updates & Compliance: Stay informed on the latest IFRS developments, their implications, and how to integrate them into organizational financial strategies.
  • Resource Allocation & Performance Management: Understand how to align budgeting practices with corporate performance goals, ensuring optimal resource allocation and efficiency.
  • Decision-Making with Financial Data: Strengthen your ability to leverage financial data for strategic decision-making, improving organizational resilience and sustainability.
  • Industry-Recognized Certification: Enhance your professional credentials with a globally recognized certification from Pideya Learning Academy, positioning yourself as a leader in financial management and compliance.
  • Strategic Budgeting Techniques: Learn how to develop data-driven and performance-linked budgets that align with business objectives and enhance financial predictability.
  • IFRS Mastery: Gain a deep understanding of IFRS principles, standards, and reporting frameworks to ensure compliance, accuracy, and global financial consistency.
  • Financial Statement Analysis: Enhance your ability to interpret financial reports, assess key performance indicators (KPIs), and apply best practices in financial disclosure.
  • Regulatory Updates & Compliance: Stay informed on the latest IFRS developments, their implications, and how to integrate them into organizational financial strategies.
  • Resource Allocation & Performance Management: Understand how to align budgeting practices with corporate performance goals, ensuring optimal resource allocation and efficiency.
  • Decision-Making with Financial Data: Strengthen your ability to leverage financial data for strategic decision-making, improving organizational resilience and sustainability.
  • Industry-Recognized Certification: Enhance your professional credentials with a globally recognized certification from Pideya Learning Academy, positioning yourself as a leader in financial management and compliance.

Course Objectives

After completing this Pideya Learning Academy training, participants will learn to:
Develop and implement advanced budgeting techniques to support performance management goals.
Align financial planning with organizational strategy to achieve measurable outcomes.
Interpret and apply International Financial Reporting Standards (IFRS) effectively.
Analyze financial statements for transparency, consistency, and comparability.
Enhance resource allocation to maximize organizational efficiency.
Understand recent updates in IFRS and their implications for financial reporting.
Build a structured approach to compliance with global financial standards.
Strengthen decision-making processes with data-driven financial insights.

Personal Benefits

Participants who complete this training course will gain:
Advanced expertise in budgeting for performance management.
In-depth knowledge of IFRS principles and their applications.
Improved skills in analyzing and interpreting financial data.
Confidence in aligning budgets with organizational goals.
Recognition for enhancing financial reporting practices.
Career advancement opportunities in financial management and reporting.
A competitive edge in the global financial landscape.

Organisational Benefits

Organizations that enroll their teams in this Pideya Learning Academy course will benefit from:
Enhanced alignment of budgeting practices with strategic objectives.
Improved accuracy and consistency in financial reporting.
Greater compliance with International Financial Reporting Standards (IFRS).
Streamlined resource allocation to improve operational efficiency.
Strengthened financial decision-making across management levels.
Increased stakeholder confidence through transparent reporting practices.
Reduction in compliance risks and audit discrepancies.

Who Should Attend

This Pideya Learning Academy course is ideal for professionals in the following roles:
Financial Managers and Controllers
Budgeting and Planning Professionals
Auditors and Compliance Officers
Accounting and Finance Executives
Business Analysts and Consultants
Strategic Planners and Decision Makers
Anyone involved in financial reporting and performance management

Course Outline

Module 1: Strategic Budgeting and Performance Integration
Value creation for organizational stakeholders Frameworks for Business Performance Management (BPM) Fundamentals of competitive strategy analysis Budgeting and cost management in BPM Financial and management accounting principles Key financial metrics for value creation Integration of non-financial metrics using strategy maps
Module 2: Advanced Cost Planning and Management Techniques
Cost behavior and its implications Role of cost management in organizational performance Absorption costing methods Marginal costing and break-even analysis techniques Standard costing frameworks for performance control Innovations in costing: Target and Kaizen costing Innovations in costing: Activity-Based Costing (ABC) Strategic approaches to cost optimization
Module 3: Budget Development and Analytical Forecasting
Techniques for forecasting in budgeting Leveraging Business Intelligence in budgeting processes Diagnostic and predictive analytics applications Statistical tools for sales and cost forecasting Comprehensive steps in budgeting processes Capital expenditure (CapEx) budgeting strategies Cash flow forecasting methodologies Behavioral dimensions in budgeting
Module 4: Performance Monitoring and Variance Analysis
Principles of Responsibility Accounting Variance analysis techniques for performance evaluation Standard costing methods for variance resolution Data analytics for identifying variance root causes Financial reporting using advanced visualization techniques Effective design of budget reports and dashboards Tactical dashboard development for budget control
Module 5: Adaptive Budgeting and Strategic Forecasting
Limitations of traditional budgeting approaches Case studies in adaptive performance management Transitioning to decentralized performance frameworks Implementation of rolling forecasts Key driver forecasts for risk management Balanced scorecard methodologies for KPI tracking Contextual relevance of traditional budgeting
Module 6: Global Financial Reporting Frameworks
Scope and significance of International Financial Reporting Standards (IFRS) Addressing international accounting diversity IFRS vs. US GAAP: Key differences Overview of IASB conceptual framework IFRS-based accounting principles and policies
Module 7: Preparation and Presentation of Financial Statements
Composition of annual financial reports IAS 1 standards for financial statement presentation Preparation of income statements Preparation of statements of financial position Cash flow statements in compliance with IFRS standards Notes and disclosures in financial reports
Module 8: Cash Flow Management and Financial Instruments
Fundamentals of cash flow management IFRS-compliant preparation of cash flow statements Evaluating and interpreting cash flows Financial instruments and derivatives overview IFRS 7: Financial instrument disclosures IFRS 9: Financial instrument standards
Module 9: Asset Accounting and Valuation
Accounting for tangible and intangible assets IAS 16: Property, plant, and equipment guidelines Depletion, Depreciation, and Amortization (DD&A) methods IAS 36: Asset impairment assessment IFRS 13: Fair value measurement techniques IAS 38: Intangible assets accounting IAS 2: Inventory valuation and management
Module 10: Strategic Alliances and Business Combination Accounting
Overview of strategic alliances, mergers, and acquisitions Goodwill accounting and valuation methods IFRS 3: Business combinations framework IFRS 10: Consolidated financial statements IFRS 11: Joint arrangements accounting IFRS 12: Disclosure of interests in other entities
Module 11: Financial Analytics and Decision-Making Tools
Advanced financial modeling techniques Scenario analysis for financial planning Sensitivity analysis in budgeting Financial simulation tools for decision-making
Module 12: Regulatory Compliance and Financial Governance
Ethical standards in financial reporting Regulatory updates in IFRS and IAS Internal control systems in financial management Governance frameworks for compliance assurance

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