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Certificate in International Financial Reporting Standards (IFRS)

An Interactive 5-Day Training Course

Certificate in International Financial Reporting Standards (IFRS)

Preparing Accounts in Accordance with IFRS

NASBA
Classroom Schedule
Date Venue Fees
02 - 06 Mar 2026 London $ 5,950
23 - 27 Mar 2026 Dubai $ 5,950
06 - 10 Apr 2026 London $ 5,950
18 - 22 May 2026 London $ 5,950
22 - 26 Jun 2026 Dubai $ 5,950
20 - 24 Jul 2026 Riyadh $ 5,950
03 - 07 Aug 2026 London $ 5,950
14 - 18 Sep 2026 Dubai $ 5,950
19 - 23 Oct 2026 Rome $ 5,950
26 - 30 Oct 2026 Dubai $ 5,950
23 - 27 Nov 2026 London $ 5,950
30 Nov - 04 Dec 2026 Abu Dhabi $ 5,950
28 Dec - 01 Jan 2027 Paris $ 5,950
22 - 26 Mar 2027 London $ 5,950
22 - 26 Mar 2027 Dubai $ 5,950
Online Schedule
Date Venue Fees
18 - 22 May 2026 Online $ 3,950
30 Nov - 04 Dec 2026 Online $ 3,950

Introduction

This International Financial Reporting Standards (IFRS) training course provides delegates with a detailed understanding of International Financial Reporting Standards (IFRS). Delegates will not only improve their knowledge and understanding but also their accounting skills gaining an ability to account for transactions and prepare financial statements in accordance with the IFRS, thereby ensuring legal compliance and improved corporate governance.

The IFRS training course will also present an overview of the IFRS most relevant to your organisation, adapting to the needs identified. As a result, delegates will be able to transfer knowledge and skills for the benefit of their organisation.

This International Financial Reporting Standards (IFRS) training course will highlight:

  • The role & scope of IFRS
  • The case for IFRS and latest developments
  • The major accounting concepts & policies
  • The requirements of the most important IFRS relevant to your organization
  • The preparation & presentation of financial statements in accordance with IFRS

Objectives

At the end of this IFRS training course, you will learn to:

  • Follow accounting concepts & policies
  • Prepare income statements & statements of financial position in accordance with IFRS
  • Prepare & evaluate the cash flow statement
  • Account for assets in accordance with IFRS
  • Account for strategic alliances & business combinations in accordance with IFRS

Training Methodology

Participants to this Certificate in International Financial Reporting Standards (IFRS) training course will receive a thorough training on the subjects covered by the training course outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Training course methodology includes case studies relevant to your organisation, discussion, group work and interactive exercises and videos. These are designed to ensure delegates leave with transferable skills as well as up-to-date knowledge of international policies and procedures.

Organisational Impact

By sending their employees to this IFRS training course, the organisation will gain:

  • Practical application of IFRS
  • Ensuring legal compliance in line with the latest requirements
  • Understanding the major accounting issues facing the sector
  • Applying IFRS specific to their organisational needs
  • Aiding corporate governance thereby reducing risk
  • Contributing to financial decision making more effectively

Personal Impact

The International Financial Reporting Standards (IFRS) training course will provide the following to the delegates:

  • Skills and knowledge to further your professional career
  • The latest tools and techniques to assist you in your role
  • An ability to make more informed decisions aimed at reducing risk
  • Increased skills and improved decision making to increase your importance to your organization
  • An ability to liaise effectively with other departments and colleagues regarding current practices and issues affecting oil & gas industry
  • A greater understanding or your role and the major issues affecting it

Who should Attend?

This IFRS training course is suitable to a wide range of professionals but will greatly benefit: 

  • Corporate Accountants
  • Financial Controllers
  • Treasury Officers
  • Management Accountants
  • Finance Staff in General Accounting, Payables, Receivables, Inventory, Fixed Assets, etc.
  • External, Financial and Internal Auditors
  • Government Regulators
  • Financial and Investment Analysts
Course Outline
Day 1

The Role & Scope of IFRS

  • Establishing the case for IFRS
  • International accounting diversity
  • IFRS & US GAAP
  • The role & scope of IFRS & IAS
  • The IASB conceptual framework
  • IFRS, accounting concepts & policies
Day 2

The Presentation & Preparation of Financial Statements

  • The annual reports & financial statements
  • IAS 1 presentation of financial statements
  • Preparing the income statement
  • Preparing the statement of financial position
  • IAS & statement of cashflow
  • Notes & disclosures
Day 3

Accounting for Cash Flow & Financial Instruments

  • The importance of cash flow
  • Preparing a statement of cash flows in accordance with IFRS 7
  • Evaluating the cash flow
  • What are financial instruments & derivatives?
  • IFRS 7 financial instruments: Disclosures
  • IFRS 9 financial instruments
Day 4

Accounting for Assets

  • Tangible & intangible assets
  • IAS 16: Property, plant and equipment and Depletion, Depreciation & Amortisation (DD&A)
  • IAS 36: Impairment of assets
  • IFRS 13 fair value measurement
  • IAS 38: Intangible assets
  • IAS 2 inventories
Day 5

Accounting for Strategic Alliances & Business Combinations 

  • Strategic alliances mergers & acquisitions
  • Goodwill
  • IFRS 3 business combinations
  • IFRS 10: Consolidated financial statements
  • IFRS 11: Joint arrangements
  • IFRS 12: Disclosure of interests on other entities
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

KHDA
NASBA

In Association With

This training course is also a part of the 10-Day Titles
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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