Certificate in International Financial Reporting Standards (IFRS)

Business transactions are becoming more complex. Accounting professionals need to be constantly aware of the impact of those transactions on the entity’s financial statements and adequately account for such transactions. The 'Certificate in International Financial Reporting Standards (IFRS)' course is the second level of the IFRS and 2024 Updates course. We will discuss more advanced topics in IFRS related to investment accounting, financial instruments, business combinations, and consolidation.

F05Frankfurt - GermanyAccounting and Finance

Course schedules

Upcoming dates Classroom

Start date	End date	Location	Fee	Registration
12 Oct 2026	16 Oct 2026	Frankfurt - Germany	€1,625 + VAT	→
9 Nov 2026	13 Nov 2026	Barcelona - Spain	€1,925 + VAT	→
14 Dec 2026	18 Dec 2026	Frankfurt - Germany	€1,625 + VAT	→
18 Jan 2027	22 Jan 2027	London - United Kingdom	€2,100 + VAT	→
15 Feb 2027	19 Feb 2027	Munich - Germany	€2,125 + VAT	→
15 Mar 2027	19 Mar 2027	Barcelona - Spain	€1,925 + VAT	→
19 Apr 2027	23 Apr 2027	Paris - France	€2,250 + VAT	→
17 May 2027	21 May 2027	Frankfurt - Germany	€1,625 + VAT	→

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12 - 16 October 2026 €1,050 + VAT → 9 - 13 November 2026 €1,050 + VAT → 14 - 18 December 2026 €1,050 + VAT → 18 - 22 January 2027 €1,050 + VAT → 15 - 19 February 2027 €1,050 + VAT → 15 - 19 March 2027 €1,050 + VAT → 19 - 23 April 2027 €1,050 + VAT → 17 - 21 May 2027 €1,050 + VAT →

Why Attend

The 'Certificate in International Financial Reporting Standards (IFRS)' course is the second level of the IFRS and 2024 Updates course. We will discuss more advanced topics in IFRS related to investment accounting, financial instruments, business combinations, and consolidation.

Course Objectives

Identify the components of comprehensive income and other comprehensive income
Properly account for income taxes and determine current vs. deferent taxes
Classify the various type of investments according to IFRS 9
Determine the concepts of control and power and consolidate a set of financial statements
Define the term significant influence and apply the equity method
Apply the required steps in business combination and account for goodwill

Designed for

This program is intended for professionals involved in Accounting and Finance.

Professionals in finance and accounting and those seeking to take their IFRS knowledge to a higher level.

Course Methodology

The course uses interactive techniques, such as brief presentations by the consultant, the application of different theories, and group exercises, to exchange experience and the knowledge acquired throughout the course.

Course content

Day1

Overview of Fundamental Concepts in IFRS

History of IFRS
The complete set of financial statements
Classification of assets and liabilities
Components and classification of stockholders’ equity
Total Comprehensive Income (TCI)
Components of Other Comprehensive Income (OCI)

Day2

Income Taxes (IAS 12)

Recognition and measurement of current tax
Recognition and measurement of deferred tax
Recognition in profit and loss
Deferred tax asset or liability
Presentation and disclosure

Day3

Financial Instruments

Classification of financial assets under IFRS 9
Business model and cash flow test
Amortized cost
Fair Value through Profit and Loss (FVTPL)
Fair value through Other Comprehensive Income (OCI)
Impairment of financial assets
Presentation of financial instruments under IAS 32
Disclosure requirements under IFRS 7

Day4

Consolidation of Financial Statements (IFRS 10)

Definition of power and control
Identification of subsidiary

Day5

Consolidation procedures

Intercompany transactions
Non-Controlling Interests (NCI)
Loss of control
Accounting for Joint Arrangements and Associates (IAS 28)
Day 6: Types of joint arrangements
Joint operations versus joint venture
Accounting for joint operations (IFRS 11)
Accounting for joint ventures and associates according to the equity method
Identification of associates and the concept of significant influence
Impairment of investments accounted for under the equity method
Day 7: Business Combinations (IFRS 3)
Determining fair value
Steps in the accounting process for business combinations
The acquisition method
Goodwill and gain from a bargain purchase
Two options to measure non-controlling interests
Impairment of goodwill

The certificate

SPARK Training Certificate of Completion is awarded to participants who attend and complete the full training course.

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