Advanced Class in Financial Reporting

Dec 18, 2018

Objectives

This training is designed to help finance and account professionals develop requisite skills for preparing separate and group financial statements and reviewing financial statements, as well as the competency for gathering and preparing IFRS disclosures required for sets of IFRS financial statements.

Course Content
 Presentation of financial statement (IAS 1)
o Statement of financial position
o Statement of profit or loss and other comprehensive income
o Statement of changes in equity
o Statement of cash flows
o Notes and other disclosures

 Separate financial statement (IAS 27)
o Preparation of separate financial statements
o Disclosures

 Consolidated financial statement (IFRS 10)
o Control
o Accounting requirements
o Investment entity and exception to consolidation

 Business combination (IFRS 3)
o Identifying a business combination
o Acquisition method
o Subsequent measurement and accounting
o Disclosures

 Investment in associates and joint arrangement
o Associates
 Recognition
 Measurement
 Disclosure
o Joint Arrangement
 Definitions
 Types
 Accounting

 Investment in associates and joint arrangement

 New Standards and updates
o IFRS 9: Financial Instruments
o IFRS 15: Revenue
o IFRS 16: Leases

 Disclosures in the financial statement:
o Property, plant and equipment
o Intangible assets
o Inventories
o Investment properties
o Leases
o Provision
o Financial instruments
o Revenue
o Impairment of assets
o Borrowing cost
o Employee benefits

 Related parties
o Identification of related parties
o Disclosures

For Who:

  • Finance Managers
  • Supervisors
  • Senior Officers in Finance Department

Schedule

Lagos Stream 1:Dec 18, 2018

Lagos Stream 2:Dec 18, 2018

Duration

2 Days

Fee

40,000

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