Comprehensive IFRS Training Workshop
For Finance and Non-Finance Professionals
- Hayford Integrated Training Institute, Dubai
Course Description
This one-day training aims to provide finance and non finance professionals with a comprehensive understanding of key IFRS concepts, focusing on the Conceptual Framework for Financial Reporting, Income Taxes under IAS 12, ESG Hot Topics with a special emphasis on Disclosure Requirements under IFRS S1 and S2, and Green Financing through Power Purchase Agreements.
Who should attend?
IFRS Conceptual Framework for Financial Reporting
- Introduction to IFRS Conceptual Framework
- Overview and purpose
- Key principles guiding financial reporting
- Qualitative Characteristics of Financial Information
- Relevance and faithful representation
- Comparability, verifiability, timeliness, and understandability
- Elements of Financial Statements
- Assets, liabilities, equity, income, and expenses
- Recognition and measurement principles
- Applying the Framework in Practice
- Case studies and practical examples
IAS 12 – Income Taxes
- Scope and Objectives of IAS 12
- Understanding the scope of IAS 12
- Objectives and key principles
- Recognition and Measurement of Current and Deferred Tax
- Tax bases, temporary differences, and deferred tax assets/liabilities
- Practical examples and case studies
- Uncertain Tax Positions
- Provisions and disclosures under IAS 12
- Handling uncertainty in tax positions
- Interpretation Challenges and Recent Updates
- Addressing common interpretation challenges
- Overview of recent updates and amendments
ESG Hot Topics – Disclosure Requirements Under IFRS S1 and S2
- Introduction to Environmental, Social, and Governance (ESG)
- Significance in financial reporting
- Linkage to sustainability and responsible business practices
- IFRS S1: Disclosure of Accounting Policies
- Overview of disclosure requirements
- Best practices for transparent reporting
- IFRS S2: Disclosure of ESG Matters
- Key components and disclosure requirements
- Practical considerations for implementation
- Case Studies and Interactive Discussion
- Analyzing real-world examples
- Group discussions on effective ESG disclosures
- Content Marketing:
- Developing a content strategy
- Content creation and distribution across platforms
- Measuring content effectiveness
- Analytics and Data Interpretation:
- Introduction to Google Analytics/ Google search console
- Interpreting key metrics and making data-driven decisions
- Emerging Trends in Digital Marketing:
- Exploring the latest trends and technologies
- Staying ahead of the curve in the dynamic digital landscape
IFRS 9 – Financial Instruments - Updates and Considerations
- Key Principles for IFRS 9
- Classification of financial instruments – Initial and Subsequent
- Business Model assessment – Business Model test and SPPI test
- Impairment Assessment
- Replacing Incurred loss method with Expected Loss method
- Probabilistic estimation of losses
- 3 Stage approach
Course Details
Time
9:00 AM- 5:00 PM
Duration
8 Hours
Mode
Online / Face-to Face
Fees
1500 AED
Why Choose Hayford?
Hayford Integrated Training Institute is one of the prestigious training institutes in the region and has a global presence. Hayford serves the professional and student community in the region and globally through its best-in-class training and development programmes.
Hayford led by an eminent team of experts with a cumulative experience of 300+ years of professional experience in varied industries and professional domains now offers a conducive environment for the students to develop their knowledge, learn from the masters and practice what they have learned.
