Training

Introduction to International Financial Reporting Standards


How You Will Benefit

  • Learn about the key International Financial Reporting Standards (IFRS) used for preparation of financial statements in the airline industry.
  • As the course is designed for the airline industry it will focus on the practical issues that may arise during the preparation of airline financial statements in accordance with IFRS.  The group discussions and course exercises will help you understand these issues and identify the appropriate solutions.

Designed for

  • The course is designed for experienced airline accountants with basic or no knowledge of International Financial Reporting Standards (IFRS)

Course Content

  • Conceptual Framework
  • International Accounting Standards (IAS) 1 Presentation of Financial Statements
  • IAS 2 Inventories
  • IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors
  • IAS 12 Income Taxes
  • IAS 16 Property, Plant and Equipment
  • IAS 17 Leases
  • IAS 18 Revenue
  • IAS 21 The Effects of Changes in Foreign Exchange Rates
  • IAS 23 Borrowing costs
  • IAS 36 Impairment of Assets
  • IAS 37 Provisions, Contingent Liabilities and Contingent Assets
  • IAS 38 Intangible Assets
  • IFRS 5 Non-current assets Held for Sale and Discontinued Operations
  • Each of the above topic will be firstly explained in detail to the participants followed by a case study and a group discussion with emphasis on practical implementation

Course availability

If a session is not listed below, this course is not scheduled for classroom delivery at this time.

Ask about onsite delivery - All IATA classroom courses can be customised to your needs and delivered onsite for groups at your location.
Contact us  to learn more about this cost-effective option.

June 16 - June 18, 2010
Montreal, CanadaClass No : 19031
November 01 - November 03, 2010
Geneva, SwitzerlandClass No : 18734
Onsite Training
All IATA classroom courses can be delivered to your offices and tailored to your organisation's reality and needs. More details