Course Objective

To enhance the participants’ understanding of the principles and concepts underlying IFRS and explain the
benefits of adoption of IFRS in financial reporting.

Course Contents

• Overview of International Financial Reporting Standards (IFRS) conversion process
• A walkthrough of first time adoption to IFRS
• Presentation of financial statements and disclosures of financial instruments
• From Accounting gaps to information sources
• How to identify the impact on information systems
• Banking accounting differences and respective systems issues
• Harmonization of internal and external reporting
• Stakeholder analysis and communications
• Benefits of IFRS
• Application of IFRS to practical accounting problems
• IFRS banking accounting and reporting issues
• Capital Markets, Governance and Regulation
• Practical IT Implementation Considerations in IFRS
• IFRS Recent issues and possible future changes

Target Group

Finance managers, planners, staff in bank supervision and accountants. Delivery Methodology The course will
feature power point presentations, case studies, simulations and interactive class discussions.