Turning Point

Delivery Methods

LIVE VIRTUAL TRAINING

Join interactive sessions via Zoom/Teams. Engage with trainers and peers in real-time, access recordings post-session, and complete hands-on activities remotely. Ideal for global teams or those seeking flexibility.

FACE-TO-FACE ON-SITE TRAINING

Experience immersive learning at your organization or our training center. Benefit from in-person networking, practical demonstrations, and tailored group exercises. Perfect for team-building and role-specific skill development.

Course Overview

International Financial Reporting Standards (IFRS) are the global language of accounting, ensuring consistency, transparency, and comparability across financial statements worldwide. This course equips finance professionals with a thorough understanding of IFRS principles, frameworks, and applications. Participants will gain practical skills in preparing, interpreting, and analyzing financial statements in line with IFRS, while also exploring updates, differences with local GAAP, and the impact of IFRS adoption on business decisions. Through case studies and exercises, learners develop the confidence to apply IFRS in real-world financial reporting and decision-making.

Course curriculum

Module 1: IFRS Framework — principles, objectives, and conceptual foundation

Module 2: Presentation of Financial Statements — structure, compliance, and disclosure

Module 3: Revenue Recognition (IFRS 15) — five-step model and practical applications

Module 4: Leases (IFRS 16) — recognition, measurement, and impact on balance sheets

Module 5: Financial Instruments (IFRS 9) — classification, measurement, and impairment

Module 6: Consolidation & Group Accounting (IFRS 10–12) — subsidiaries, associates, and joint ventures

Module 7: Fair Value Measurement (IFRS 13) — valuation techniques and disclosure requirements

Module 8: Emerging Standards & Updates — recent changes, adoption challenges, and case studies

Key Takeaways

What I will learn?

  • Understand the framework, objectives, and structure of IFRS
  • Apply IFRS standards in preparing and presenting financial statements
  • Interpret key standards covering revenue recognition, leases, financial instruments, and consolidation
  • Identify differences between IFRS and local GAAP practices
  • Analyze the impact of IFRS adoption on financial performance and disclosures
  • Handle common accounting challenges such as fair value measurement and impairment
  • Stay updated with recent amendments and emerging standards
  • Strengthen compliance, transparency, and investor confidence in reporting

Who should attend this course?

Target Audience

  • Accountants and auditors
  • Finance managers and financial controllers
  • Investment analysts and advisors
  • Professionals working in multinational companies or regulated industries
  • Audit firm staff preparing for IFRS-based reporting
  • Anyone pursuing IFRS certification or a career in financial reporting

Do You still need more help? contact our Program Enrollment Specialist

Nada Al-Awfi

Reply “JOIN

International Financial Reporting Standards (IFRS)

” to get started!

General FAQ

Are there any prerequisites to join?

Most courses are open-entry and require no prior training. For advanced or technical programs, we may recommend specific background knowledge or work experience, which will be stated in the course outline.

Yes. Upon successful completion, participants receive a Turning Point Training Institute Certificate of Completion, issued and attested by the KHDA (Knowledge and Human Development Authority) upon request. For customized on-the-job programs, participants may also earn CPD-accredited points, recognized by professional bodies internationally, also upon request.

Our courses are built for real-world impact through an On-the-Job Training (OJT) delivery model. We focus on field-relevant skills, actual workplace scenarios, and job-specific outcomes—ensuring participants apply what they learn directly within their day-to-day roles. Training is not limited to the classroom; it’s embedded into real tasks, real tools, and real-time operations to maximize relevance and retention.

In select cases, participants may be able to use their training experience as part of a Prior Learning Assessment (PLA) process to earn academic credit at a university. Turning Point acts as a facilitator—we help you document your learning, align it with academic standards, and prepare submissions. However, we do not guarantee credit transfer. Final decisions rest entirely with the admitting university, based on its internal criteria, policies, and case-by-case evaluation.

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