Course Overview

IFRS – International Financial Reporting Standards are a globally accepted set of accounting rules and principles developed by the International Accounting Standards Board (IASB). These standards define how companies must prepare, present, and disclose their financial statements. IFRS aims to bring consistency, transparency, and comparability to financial reporting across different countries and industries.

In today’s interconnected business world, understanding IFRS is critical. Whether you’re working for a multinational corporation, a government agency, or a startup with international aspirations, being able to read, interpret, and prepare financial statements using IFRS is an essential skill.

This comprehensive IFRS training course is designed to provide professionals, managers, and finance enthusiasts with a practical and theoretical understanding of IFRS standards, empowering them to ensure compliance, improve reporting accuracy, and communicate financial results effectively.

Course Objective

This course aims to:

• Equip learners with a foundational to intermediate-level understanding of IFRS standards and their global applications.
• Introduce the structure and governance of the IFRS Foundation and the International Accounting Standards Board (IASB).
• Teach the principles-based framework of IFRS and explain how it differs from traditional national accounting standards such as US GAAP or local systems.
• Examine key IFRS standards one-by-one (e.g., IFRS 9 – Financial Instruments, IFRS 15 – Revenue from Contracts, IFRS 16 – Leases).
• Help participants understand how to transition from local GAAP to IFRS in real-world business settings.
• Provide actionable skills for applying IFRS in financial reporting, audits, and corporate accounting.

By the end of the course, participants will be confident in navigating IFRS-compliant financial reports, ensuring transparency and trustworthiness in financial information for stakeholders, investors, and regulators.

Course Outline: 

Module 1: Introduction to IFRS

• Overview of IFRS and its global importance

• Differences between IFRS and local GAAP

• Structure and role of the IASB (International Accounting Standards Board)

• Conceptual Framework for Financial Reporting

• Adoption and convergence of IFRS globally

Module 2: Presentation of Financial Statements

• IAS 1 – Structure and components of financial statements

• IFRS-compliant formats and disclosures

• Accounting policies, estimates, and prior period adjustments

• IAS 10 – Events after the reporting period

Module 3: Revenue Recognition

• IFRS 15 – Revenue from Contracts with Customers

  • Five-step model for revenue recognition

  • Performance obligations and transaction price

  • Contract modifications and disclosures

Module 4: Financial Instruments

• IFRS 9 – Financial Instruments

  • Classification and measurement of financial assets/liabilities

  • Expected credit loss model for impairment

  • Hedge accounting and disclosures

Module 5: Leases

• IFRS 16 – Leases

  • Accounting by lessees and lessors

  • Right-of-use assets and lease liabilities

  • Practical expedients and exemptions

Module 6: Property, Plant & Equipment and Intangible Assets

• IAS 16 – Property, Plant and Equipment

• IAS 38 – Intangible Assets

• IAS 36 – Impairment of Assets

• IAS 23 – Borrowing Costs

Module 7: Inventories and Biological Assets

• IAS 2 – Inventories

• IAS 41 – Agriculture

• Measurement and recognition of biological assets

Module 8: Provisions, Contingent Liabilities & Events

• IAS 37 – Provisions, Contingent Liabilities, and Contingent Assets

• Measurement, recognition, and disclosure requirements

Module 9: Employee Benefits and Share-based Payments

• IAS 19 – Employee Benefits

• IFRS 2 – Share-based Payments

• Short-term and long-term benefit accounting

Module 10: Consolidation and Business Combinations

• IFRS 3 – Business Combinations

• IFRS 10 – Consolidated Financial Statements

• IFRS 11 – Joint Arrangements

• IFRS 12 – Disclosure of Interests in Other Entities

• IAS 28 – Investments in Associates and Joint Ventures

Module 11: Income Taxes and Government Grants

• IAS 12 – Income Taxes (current and deferred tax)

• IAS 20 – Accounting for Government Grants

Module 12: Foreign Currency Transactions and Hyperinflation

• IAS 21 – Effects of Changes in Foreign Exchange Rates

• IAS 29 – Financial Reporting in Hyperinflationary Economies

Module 13: First-Time Adoption of IFRS

• IFRS 1 – First-Time Adoption of IFRS

• Transition adjustments and exemptions

Module 14: IFRS Updates and Emerging Topics

• Recent amendments to key IFRS standards

• IFRS 17 – Insurance Contracts (overview)

• Sustainability reporting and upcoming developments (IFRS S1, S2)

Practical Learning from Optimizer

One of the most valuable aspects of this IFRS course is its hands-on, practical learning component. Unlike purely theoretical courses, we ensure that students apply what they learn through real-world exercises.

In particular, students will:

• Learn how to prepare a full set of IFRS-compliant financial statements using Microsoft Excel.
• Apply standards such as IFRS 1 (First-time Adoption of IFRS) and IFRS 13 (Fair Value Measurement) in practical reporting scenarios.
• Understand key financial ratios and how IFRS impacts financial analysis and interpretation.
• Gain insights into automated and cloud-based IFRS reporting systems used in modern finance teams.

Whether you’re transitioning your organization to IFRS or upgrading your skills, this section gives you real tools and templates to apply immediately in your work.

Get a KHDA-Approved Certificate from Optimizer

Upon successful completion of the IFRS training, learners will receive an official Certificate of Completion from Optimizer Training Institute, which is recognized and approved by the Knowledge and Human Development Authority (KHDA) of Dubai.

This certificate:

• Validates your expertise in International Financial Reporting Standards.
• Enhances your professional credibility in the fields of accounting, finance, and auditing.
• Adds a recognized qualification to your CV that is respected across the UAE and internationally.

This is a career-boosting certification, especially valuable if you’re working in finance, auditing, consulting, or any role that interacts with financial data and reports.

Career Path and Opportunities

Mastering IFRS opens doors to a wide range of global career opportunities. Since IFRS is the accounting language of over 140 countries, this qualification positions you for success in international and cross-border roles.

Potential Roles After This Course:

• Financial Reporting Analyst
• Corporate Accountant
• External or Internal Auditor
• Finance Manager
• IFRS Consultant
• Compliance Officer
• Investment Analyst
• Accounting Associate in Big 4 firms

Who Should Take This Course?

• Professional accountants and auditors transitioning to IFRS
• Finance professionals looking to deepen their technical knowledge
• MBA and business graduates seeking to specialize in global accounting
• Business owners and entrepreneurs managing financial reporting
• Anyone aiming to work in multinational companies or abroad

No prior experience in IFRS or accounting is required. The course starts from the basics and builds up to more complex topics.

Why Choose This IFRS Course?

• ✅ KHDA-Approved Certificate
• ✅ Trainer-Led Practical Sessions
• ✅ Real Excel-Based Financial Statement Preparation
• ✅ Flexible Online & In-Person Delivery Options
• ✅ Ideal for Beginners and Experienced Professionals
• ✅ Globally Recognized Curriculum
• ✅ Boost Your CV and Career Opportunities Worldwide

Value of the Certification/Diploma:

• Enhances credibility in global job markets

• Supports compliance with IFRS reporting requirements

• Prepares professionals for IFRS-based audits and transitions

• Adds value to finance teams working in multinational or listed companies

Why Choose Optimizer Middle East for the IFRS Course?

At Optimizer Middle East, we deliver IFRS (International Financial Reporting Standards) training with a strong focus on practical application, regulatory compliance, and global relevance. Here’s why we are the preferred choice for finance professionals and organizations across the MENA region:

 13+ Years of Regional Expertise

With over a decade of experience in delivering professional training and consultancy services across the UAE, GCC, and North Africa, we understand the local regulatory landscape and business needs—ensuring tailored and effective IFRS training delivery.

Certified Trainers with Industry Experience

Our IFRS instructors are not only subject matter experts but also qualified finance professionals with real-world accounting and auditing experience. They bring insights from diverse industries to help learners grasp the practical implications of IFRS in today’s dynamic business environment.

Updated & Globally Aligned Curriculum

We offer a comprehensive course based on the latest IFRS updates, helping participants understand standards like IFRS 9 (Financial Instruments), IFRS 15 (Revenue), IFRS 16 (Leases), and IFRS 17 (Insurance Contracts), among others.

Hands-on Case Studies & Scenarios

Our training includes real-life examples, exercises, and financial reporting simulations to help learners apply IFRS principles with confidence in their workplace.

 Flexible Learning Options

Choose from in-person, virtual, or corporate group training formats, with customizable schedules to meet your organization’s specific needs.

Recognized Certification

Upon completion, participants receive a certificate of completion, demonstrating their competence in IFRS and commitment to professional development.

Optimizer Middle East – Empowering finance professionals with global standards and practical expertise.