International Financial Reporting Standards (IFRS) Course in Tbilisi, Georgia

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Program Overview

IFRS is an internationally accepted framework that facilitates the proper organization and reporting of financial information. It is currently adopted by more than 120 countries across the globe. IFRS standards are designed to maintain credibility and the transparency in the financial world which enables investors and business entities to make appropriate decisions. This intensive short-term course covers the IFRS standards in depth, providing the thorough understanding of existing principles whilst covering the recent updates.

Target Audience

This program has been designed for professionals with previous experience with finance and accounting. Namely the following:

  • Accounting professionals & Auditors
  • Financial officers, executives & Analysts
  • Bankers & Investment bankers
  • Professionals involved in reporting using IFRS.

Program Objectives

Upon completion of this intensive course, the attendees will be able to:

  • Understand the existing and prospective requirements of IFRS
  • Facilitate the first time adoption and transition to IFRS
  • Prepare the financial statements in accordance to IFRS standards
  • Understand the recognition and measurement principles as portrayed in IASB framework
  • Determine the fair value measurements and financial statement recognition issues.

Program Contents

Introduction to IFRS

  • Overview of IFRS principles and concepts
  • First time adoption of IFRS
  • IAS 1 – Presentation of Financial Statements
  • IAS 8 – Accounting Policies, Changes in Accounting Estimates and Errors
  • IAS 18 – Revenue
  • IFRS 6 – Exploration for and evaluation of Mineral Resource
  • The “Successful Efforts” (SE) Method or the “Full Cost” (FC) Method

Technical Standards

  • IAS 12 – Income Taxes
  • IAS 19- Employee Benefits
  • IAS 33 – Earnings per Share
  • IAS 34 – Interim Financial Reporting
  • IFRS 5 – Discontinued Operations
  • IFRIC 12 – Service Concession Arrangements
  • IFRIC 20 – Stripping Costs in the Production Phase of a Surface Mine

Financial Tools

  • IAS 39 – Recognition and Measurement
  • IFRS 2- Share-based Payments
  • IFRS 7 – Disclosures
  • IFRS 13 – Fair Value Measurement
  • IFRIC 16 – Hedges of Net Investment in Foreign Operations
  • IFRIC 19 – Extinguishing Financial Liabilities with Equity Instruments

Group Reporting

  • IAS 28 – Investments in Associates
  • IFRS 3 – Business Combinations
  • IFRS 8 – Segment Reporting
  • IFRS 10 – Consolidated Financial Statements
  • IFRS 11 – Joint Arrangements
  • IFRS 12 – Disclosure of Interest in Other Entities

Recent Standards and Practical Implications

  • IFRS 9 – Financial Instruments
  • IFRS 14 – Regulatory Deferral Accounts
  • IFRS 15 – Revenue from Contracts with Customers
  • IFRS 16 – Leases
  • Future developments
  • IFRS and Statutory Audit Procedures
  • Case Studies and Practical Implementation.

Program Methodology

International Financial Reporting Standards (IFRS) Course in Tbilisi, Georgia is an interactive training course providing a nice combination of direct instruction, analysis & evaluation of case studies. We encourage active participation of attendees in order to maximize the results.

Registration Information

Program Name: International Financial Reporting Standards (IFRS) Course in Tbilisi, Georgia

Program Dates: 14 – 18 June 2021

Registration Closes on: 30 April 2021 

Venue: Regus Tbilisi – Vazha Pshavela

Program Fee: $2950

Fee Covers: Visa Assistance (complementary), Participant Assessment, Airport Pickup, Accommodation, Wi-Fi, Breakfast, Workshop Kit, Interactive workshop, Program Materials, Local Expert, Practical Activities, Lunch, Refreshments, City Map, Field Visit, Certificate & Boat Tour.

Register Online  

Online Payment via PayPal

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