- Regulatory, financial, risk and ethics frameworks - Know the regulatory, financial, risk and ethics frameworks (Sarbanes-Oxley, AMF and SEC regulations, etc.).
- IFRS consolidation - Accounting production: How to produce IFRS consolidated financial statements
- Financial statements and appendices - Balance sheet, income statement, cash flow statement, statement of changes in equity, ICOs, appendices
- Financial instruments and hedging tools - Learn about financial instruments and hedging tools (fair value hedge / cash flow hedge, hedging, credit derivatives, hybrid debt).
- IFRS - International Financial Reporting Standards (IFRS)
Understanding and implementing
Target audience
- Consolideurs
- Contrôleurs de gestion
- Experts comptables, Commissaires aux comptes
- Managers comptables
- Managers consolidation
- Responsables financiers, consolidation et comptables
2 day
Practical IFRS training
Prerequisites
No previous level required.
This course is a continuation of the "Practical IFRS - Part 1" course.
IFRS in Practice - Part 1 [FHIFRA]
Understanding and implementing
ifrs training objectives
◗ Applying IFRS to complex transactions
◗ Financial instruments and hedging under IFRS
◗ Identify the specificities of IFRS on the consolidation plan
Training program
◗ Financial assets and liabilities (IA32, IFRS9, IFRS7, IFRS13)
- Classification and valuation: fair value or amortized cost
- Impairment of financial assets: the expected loss method and its application
- Debt or equity: hybrid financial instruments and their treatment under IFRS
✔ UNDERSTANDING | Illustration: review of consolidated group financial statements
✔ APPLY | Case study: determining the EIR and accounting for a bond issue
of a bond
✔ ASSESS | Quiz: distinction between financial debt and shareholders' equity
◗ Introduction to hedge accounting under IFRS9
- Conditions of application
- The 3 types of coverage
✔ UNDERSTAND | Illustration: review of consolidated group financial statements.
✔ EVALUATE | Quiz: hedge accounting to apply (FVH, CFH, NIH)
◗ Consolidation under IFRS
- Review of the scope of consolidation under IFRS (IFRS10, IFRS11 and IAS28): definition of control and
different types of partnership
- Determining and monitoring goodwill
- Introduction to the treatment of changes in scope: step-by-step acquisition,
acquisition of control, changes in percentage without change of method,
loss of control, transactions with minority shareholders
✔ APPLIQUER | Case study: calculating goodwill
✔ APPLY | Case study: accounting for a disposal resulting in loss of control
✔ EXPERIMENTALIZE | Group discussion: risks and benefits of full goodwill accounting
of full goodwill
◗ Other standards
- Interim reporting (IAS34): possibility of condensed financial statements
for interim financial statements
- Basic and diluted earnings per share (IAS33): calculation methods
- Segment reporting (IFRS8): principles and application, segments and indicators to be
to be presented (definition and grouping)
✔ UNDERSTANDING | Illustration: review of consolidated group financial statements
✔ APPLY | Case study: calculating earnings per share
✔ ASSESS | Quiz: determining a group's operating segments
◗ IFRS financial statements (IAS1 and IFRS18)
- The 5 components of financial statements
- Mandatory disclosures
- Latest news: the main impacts expected from the application of IFRS18 (financial statements
from 01/01/2027)
✔ EXPERIMENTALIZING | Group discussion on the impacts of applying IFRS18
Why choose ifrs training?
Whether you're looking for a comprehensive introduction or a thorough refresher, this course will help you understand IFRS, know how to apply them and acquire the "right reflexes".
It gives you the cross-functional vision and perspective you need to apply IFRS in your professional life. It constitutes the second part of a complete five-day session, on page 96 of our training catalog, entitled "IFRS Practice, Part One" [FHIFRA].
Combine these two training courses and benefit from a discount: €4,000 excl. tax instead of €5,000 excl. tax
The importance of IFRS in the financial context
IFRS (International Financial Reporting Standards) have become an essential reference for ensuring the transparency and comparability of financial statements worldwide. Their adoption by more than 140 countries enables investors and regulators alike to gain a better understanding of financial performance. A thorough mastery of IFRS is therefore essential to navigate in a globalized economic environment.
Teaching and assessment methods
Before: self-assessment quiz
During the session: technical presentation accompanied by numerous case studies. Illustrations drawn from current events, real cases encountered by companies and/or the presenter's own experience in the field. Exchange of best practices. Discussions between participants and with the trainer, as well as interactive quizzes, ensure that knowledge is acquired throughout the course.
After: instructional videos. The presenter is available to answer any questions relating to ifrs training.
General training | FinHarmony Conseil & Formation
See our full training catalog.
Why take practical IFRS training?
At FinHarmony, we know that mastering IFRS is not just about understanding the texts: their practical application is essential to secure your financial statements and guarantee compliance with international standards. That's why our Practical IFRS training course has been designed to provide you with an immersive, operational approach, focused on real-life situations.
Our trainers - all experts in their field - will guide you through theinterpretation and application of IFRS standards, based on real-life case studies and applied exercises. In this way, you will develop the reflexes and methodology you need to meet your company's IFRS challenges.
Price
2,250 EXCL. TAX
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Practical IFRS training
Practical IFRS training
Practical IFRS training
Jonathan C.
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