International Financial Reporting & Accounting Standards

Applying IFRS & IAS for Modern Financial Reporting

What you'll learn

Understand the structure and purpose of International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS).

Apply the accounting cycle within the framework of IFRS and IAS.

Prepare and interpret financial statements in compliance with global standards.

Learn how to make accounting entries according to IFRS and IAS requirements.

Gain confidence in solving practical exercises and case studies related to IFRS and IAS.

Develop the ability to interpret numbers beyond the formulas, extracting real insights about a company’s financial health.

Build a strong foundation to progress toward professional certifications (e.g., ACCA, CPA, CFA) or careers in finance and accounting.

Learn the differences between International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS).

Requirements

A general understanding of accounting principles is helpful but not mandatory.

Interest in financial reporting, accounting, or auditing.

Access to a calculator or spreadsheet software (Excel/Google Sheets) for practice exercises

Willingness to learn through examples, exercises, and practice

Description

This course offers a complete and in-depth exploration of all International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS), covering every standard in a clear and structured way. Each topic is explained step by step, with a strong focus on the fundamental principles, recognition rules, measurement techniques, and disclosure requirements that form the backbone of international financial reporting.To make the learning process practical and effective, the course is enriched with:Solved exercises that show exactly how each standard is applied in real scenarios.Multiple-choice questions with full solutions, designed to test knowledge and reinforce understanding.Detailed breakdowns of essential concepts, ensuring clarity and eliminating confusion around technical terms.Why this course?The main objective of this course is to enable learners to gain a thorough and detailed understanding of the basic information behind every IFRS and IAS, so that the standards are not only memorized but also truly understood. By exploring all the standards in depth and practicing through exercises and quizzes, learners will build the confidence to interpret, apply, and connect international standards in financial reporting with precision.By the end of the course, learners will not only have studied every IFRS and IAS in detail but will also have applied their knowledge through practical exercises and tested it through multiple-choice practice, making the learning experience complete and highly effective.This is a comprehensive resource for mastering the fundamentals of all international accounting standards—clear, practical, and designed to ensure lasting understanding. Enroll today and take your knowledge of IFRS and IAS to the next level!

Overview

Section 1: Trailer

Lecture 1 Trailer

Section 2: Introduction

Lecture 2 What are International Financial Reporting Standards

Lecture 3 Differences between IFRS & IAS

Lecture 4 Importance of IFRS

Section 3: Presentation of Financial Statements and Disclosures

Lecture 5 Introduction to Presentation of Financial Statements and Disclosures

Lecture 6 IFRS 1: Adoption of International FinancialReportingStandards for the First Time

Lecture 7 IFRS 8: Areas of activity

Lecture 8 IAS 1: Presentation of financial statements

Lecture 9 IAS 7: Cash Flow Statement

Lecture 10 IAS 8: Accounting Policies, Changes in Accounting Estimates and Errors

Lecture 11 IAS 34: Interim Financial Reporting

Lecture 12 IAS 10: Events After the Balance Sheet Date

Section 4: Financial Instruments and Transactions

Lecture 13 Introduction to Financial Instruments and Transactions

Lecture 14 IFRS 7: Disclosures of Financial Instruments

Lecture 15 IFRS 9: Financial Instruments

Lecture 16 IAS 32: Financial Instruments-Presentation

Section 5: Business Mergers, Considerations, and Agreements

Lecture 17 Introduction to Business Mergers, Considerations, and Agreements

Lecture 18 IFRS 3: Business Combinations

Lecture 19 IFRS 10: Consolidated Financial Statements

Lecture 20 IFRS 11: Joint Agreements

Lecture 21 IFRS 12: Disclosure of Interest in other Entities

Lecture 22 IAS 27: Separate Financial Statements

Lecture 23 IAS 28: Investments in Associates and Joint Ventures

Section 6: Fair value measurement & Regulatory accounts

Lecture 24 Introduction to Fair value measurement & Regulatory accounts

Lecture 25 IFRS 13: Fair Value Measurement

Lecture 26 IFRS 14: Regulatory Deferred Accounts

Section 7: Leases and Contracts

Lecture 27 Introduction to Leases and Contracts

Lecture 28 IFRS 15: Revenue from Contracts with Customers

Lecture 29 IFRS 16 Leases

Section 8: Assets Tangible and Intagible

Lecture 30 Introduction to Assets Tangible and Intagible

Lecture 31 IAS 2: Stocks

Lecture 32 IAS 16: Property, plant and equipment

Lecture 33 IAS 36:ASSETS IMPAIRMENT

Lecture 34 IAS 38: Intangible Assets

Lecture 35 IAS 40: Investment Property

Lecture 36 IFRS 5: Non-Current Assets Intended for Sale and Discontinued Operations

Lecture 37 IAS 23: Borrowing Costs

Section 9: Insurance & Resource Exploration

Lecture 38 Introduction to Insurance & Resource Exploration

Lecture 39 IFRS 17: Insurance Contracts

Lecture 40 IFRS 6: Exploration and Evaluation of Mineral Resources

Section 10: Taxes,Benefits & Exchange Rates

Lecture 41 Introduction to Taxes,Benefits & Exchange Rates

Lecture 42 IAS 12:Income Taxes

Lecture 43 IAS 19: Employee Benefits

Lecture 44 IAS 21: Effects of Exchange Rate Changes

Lecture 45 IAS 26: Accounting and reporting of pension plans

Section 11: Related Party Earnings Provisions and Disclosures

Lecture 46 Introduction to Related Party Earnings Provisions and Disclosures

Lecture 47 IAS 33: Earnings per Share

Lecture 48 IAS 37: Provisions, Contingent Liabilities and Contingent Assets

Lecture 49 IAS 24: Related Party Disclosures

Lecture 50 IAS 20: Accounting for Government Grants and Government Aid Disclosures

Lecture 51 IFRS 2 - Share-based payments

Section 12: Agriculture and Hyperinflationary Economies + Case Studies Solved

Lecture 52 Introduction Agriculture and Hyperinflationary Economies

Lecture 53 IAS 41:Agriculture

Lecture 54 IAS 29:Financial Reporting in Hyperinflationary Economies + Case Studies Solved

Students of Economics, Accounting, and Finance who want a clear and structured understanding of all standards.,Exam candidates preparing for professional certifications,Professional Accountants who prepare financial statements in compliance with IFRS,Auditors who must evaluate whether companies are applying the standards correctly,Chief Financial Officers (CFOs) and finance managers who make strategic decisions and need to understand how the standards impact financial results,Companies applying IFRS for the first time, especially during IPOs or transitions,Multinational corporations that want their teams to share a common reporting language across borders,Analysts and investors who base decisions on financial statements and must understand how the numbers are constructed