Pideya Learning Academy

International Financial Reporting Standards (IFRS) Framework

Upcoming Schedules

  • Live Online Training
  • Classroom Training

Date Venue Duration Fee (USD)
28 Jul - 01 Aug 2025 Live Online 5 Day 2750
29 Sep - 03 Oct 2025 Live Online 5 Day 2750
20 Oct - 24 Oct 2025 Live Online 5 Day 2750
08 Dec - 12 Dec 2025 Live Online 5 Day 2750
27 Jan - 31 Jan 2025 Live Online 5 Day 2750
31 Mar - 04 Apr 2025 Live Online 5 Day 2750
28 Apr - 02 May 2025 Live Online 5 Day 2750
02 Jun - 06 Jun 2025 Live Online 5 Day 2750

Course Overview

In today’s complex global business landscape, adhering to international accounting standards is paramount for financial accuracy, transparency, and compliance. The International Financial Reporting Standards (IFRS) Framework training by Pideya Learning Academy provides an advanced understanding of these global standards, equipping finance and accounting professionals with the skills necessary to navigate the intricacies of international financial reporting.
As businesses continue to expand across borders, the demand for professionals adept at applying IFRS is surging. According to a 2024 report by the International Accounting Standards Board (IASB), over 140 jurisdictions globally mandate or permit IFRS for financial reporting, affecting organizations across industries. Moreover, recent global economic fluctuations have heightened the need for precise financial reporting to mitigate risks and ensure compliance. This makes IFRS proficiency a vital competency for financial leaders.
This advanced program focuses on enhancing your theoretical understanding and strategic application of IFRS in diverse financial scenarios. Participants will dive deep into advanced accounting topics, including business combinations, financial instruments, income tax accounting, and consolidated financial statements. The course ensures participants can confidently apply these standards, enabling their organizations to maintain accuracy and credibility in their financial disclosures.
By joining this program, participants will gain insights into essential aspects of IFRS, such as the classification of financial assets under IFRS 9, measuring goodwill during business combinations, and consolidating financial statements for complex organizational structures. This comprehensive approach prepares professionals to address the challenges of global financial reporting while maintaining compliance with regulatory frameworks.
Key highlights of the training include:
Develop the ability to calculate and present total comprehensive income effectively.
Master the classification and accounting for financial assets as outlined in IFRS 9.
Apply the equity method for investments with significant influence to ensure accurate reporting.
Understand and execute consolidation processes for group financial statements.
Gain expertise in measuring and accounting for goodwill in business combinations.
Learn strategies to present income tax transactions, ensuring compliance with IAS 12
By integrating these elements into its curriculum, Pideya Learning Academy ensures that participants are equipped with actionable knowledge to meet the demands of today’s financial environments. Designed with a forward-thinking approach, this training fosters a deeper understanding of the IFRS framework, enabling professionals to contribute to their organizations’ strategic goals.
Through real-world examples and interactive discussions, the program encourages the exploration of advanced concepts in financial reporting. This course is not only a knowledge-building journey but also a career-enhancing opportunity for those seeking to stay ahead in the competitive field of international financial reporting.

Key Takeaways:

  • Develop the ability to calculate and present total comprehensive income effectively.
  • Master the classification and accounting for financial assets as outlined in IFRS 9.
  • Apply the equity method for investments with significant influence to ensure accurate reporting.
  • Understand and execute consolidation processes for group financial statements.
  • Gain expertise in measuring and accounting for goodwill in business combinations.
  • Learn strategies to present income tax transactions, ensuring compliance with IAS 12
  • Develop the ability to calculate and present total comprehensive income effectively.
  • Master the classification and accounting for financial assets as outlined in IFRS 9.
  • Apply the equity method for investments with significant influence to ensure accurate reporting.
  • Understand and execute consolidation processes for group financial statements.
  • Gain expertise in measuring and accounting for goodwill in business combinations.
  • Learn strategies to present income tax transactions, ensuring compliance with IAS 12

Course Objectives

After completing this Paideia Learning Academy training, participants will learn to:
Identify the components of comprehensive income and other comprehensive income.
Account for income taxes and distinguish between current and deferred taxes.
Classify various types of investments in compliance with IFRS 9.
Apply the principles of control and power to consolidate financial statements.
Define significant influence and implement the equity method.
Execute the necessary steps in business combinations and account for goodwill.

Personal Benefits

Participants who attend this course will:
Advance their knowledge and application of IFRS standards.
Gain confidence in tackling complex financial reporting scenarios.
Enhance their analytical and decision-making skills in accounting contexts.
Acquire a competitive edge in their professional accounting careers.
Stay updated with the latest developments in international financial reporting.

Organisational Benefits

Who Should Attend

Finance and accounting professionals aiming to deepen their IFRS expertise.
Individuals seeking advanced knowledge of investment accounting and financial instruments.
Professionals involved in preparing or reviewing consolidated financial statements.
Accounting practitioners dealing with complex business combinations.
Auditors and consultants specializing in financial reporting and compliance.
Senior finance managers and executives responsible for regulatory reporting.

Course Outline

Module 1: Foundations of IFRS
Evolution and Development of IFRS Framework Core Financial Statement Components Asset and Liability Classifications Equity Classification and Components Total Comprehensive Income (TCI) Elements of Other Comprehensive Income (OCI)
Module 2: Taxation under IFRS (IAS 12)
Recognition and Measurement of Current Tax Deferred Tax: Recognition and Measurement Profit or Loss Tax Impact Deferred Tax Assets and Liabilities Disclosure and Presentation Standards for Income Taxes
Module 3: Financial Assets and Instruments (IFRS 9, IAS 32, IFRS 7)
Classification and Categories of Financial Assets Business Model and Cash Flow Tests Amortized Cost Fair Value through Profit and Loss (FVTPL) Fair Value through Other Comprehensive Income (FVOCI) Impairment Assessment of Financial Assets Financial Instrument Presentation Guidelines (IAS 32) Disclosure and Reporting Standards (IFRS 7)
Module 4: Advanced Consolidated Financial Statements (IFRS 10)
Concepts of Power and Control Subsidiary Identification and Relationships Consolidation Procedures Intercompany Transactions and Adjustments Non-Controlling Interests (NCI) Loss of Control Events and Implications
Module 5: Joint Arrangements and Equity Investments (IAS 28, IFRS 11)
Types of Joint Arrangements Joint Operations Joint Ventures Accounting Treatment for Joint Operations Equity Method for Joint Ventures and Associates Significant Influence and Associate Identification Impairment Assessment for Equity-Accounted Investments
Module 6: Mergers and Acquisitions Accounting (IFRS 3)
Fair Value Assessment in Business Combinations Steps in the Acquisition Process Accounting Using the Acquisition Method Goodwill Valuation and Bargain Purchase Gains Non-Controlling Interests Measurement Options Post-Acquisition Goodwill Impairment Analysis
Module 7: Presentation and Disclosure Standards
Comprehensive Financial Statement Presentation Requirements Disclosure Requirements for Financial Performance and Position Presentation of Equity, Liabilities, and Financial Risks Segment Reporting and Analysis
Module 8: Advanced Topics in Financial Instruments
Derivative and Hedging Instruments under IFRS 9 Embedded Derivatives and Host Contracts Fair Value Measurement Techniques Hedge Accounting and Effectiveness Testing Risk Disclosures for Derivatives and Hedging
Module 9: Impairment and Revaluation Framework
Asset Impairment Testing (IAS 36) Identifying Cash-Generating Units (CGUs) Revaluation Models for Non-Financial Assets Goodwill Impairment and Recoverable Amounts Disclosure Requirements for Impairments and Revaluations
Module 10: Revenue and Leasing Standards
Revenue Recognition Principles (IFRS 15) Identifying Contracts with Customers Transaction Price Allocation Performance Obligations and Revenue Timing Lease Accounting Standards (IFRS 16) Lease Classification and Recognition Lessee and Lessor Accounting Models Measurement and Reassessment of Lease Liabilities
Module 11: Emerging Trends in IFRS
Integration of ESG Reporting Standards IFRS and Digital Financial Reporting Impact of Global Economic Trends on IFRS Adoption Future Developments in IFRS Standards and Amendments

Have Any Question?

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