An Intensive 5-day Training Course
Certificate in
International Financial Reporting Standards (IFRS)
Preparing Accounts in Accordance with IFRS
Scheduled Dates
Classroom
| 17 - 21 Feb 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 07 - 11 Apr 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 19 - 23 May 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 23 - 27 Jun 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 04 - 08 Aug 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 15 - 19 Sep 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 20 - 24 Oct 2025 | Rome - Italy | $5,950 | RESERVE A SEAT |
| 27 - 31 Oct 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 24 - 28 Nov 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 29 Dec 2025 - 02 Jan 2026 | Paris - France | $5,950 | RESERVE A SEAT |
| 02 - 06 Mar 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 23 - 27 Mar 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
Would an alternative date be more suitable?
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
Why Choose this Training Course?
This Certificate in International Financial Reporting Standards (IFRS) training course provided delegates with a detailed understanding of International Financial Reporting Standards (IFRS). Delegates will not only improve their knowledge and understanding but also their accounting skills gaining an ability to account for transactions and prepare financial statements in accordance with the IFRS, thereby ensuring legal compliance and improved corporate governance.
The training course will also present an overview of the IFRS most relevant to your organisation, adapting to the needs identified. As a result, delegates will be able to transfer knowledge and skills for the benefit of their organisation.
This PetroKnowledge Certificate in International Financial Reporting Standards (IFRS) training course will highlight:
- The role & scope of IFRS
- The case for IFRS and latest developments
- The major accounting concepts & policies
- The requirements of the most important IFRS relevant to your organization
- The preparation & presentation of financial statements in accordance with IFRS
What are the Goals?
At the end of this Certificate in International Financial Reporting Standards (IFRS) training course, you will learn to:
- Follow accounting concepts & policies
- Prepare income statements & statements of financial position in accordance with IFRS
- Prepare & evaluate the cash flow statement
- Account for assets in accordance with IFRS
- Account for strategic alliances & business combinations in accordance with IFRS
Who is this Training Course for?
This PetroKnowledge training course is suitable to a wide range of professionals but will greatly benefit:
- Corporate Accountants, Financial Controllers, Treasury Officers, Management Accountants
- Finance Staff in General Accounting, Payables, Receivables, Inventory, Fixed Assets, etc.
- External, Financial and Internal Auditors
- Government Regulators
- Financial and Investment Analysts
How will this Training Course be Presented?
Participants to this Certificate in International Financial Reporting Standards (IFRS) training course will receive a thorough training on the subjects covered by the training course outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Training course methodology includes case studies relevant to your organisation, discussion, group work and interactive exercises and videos. These are designed to ensure delegates leave with transferable skills as well as up-to-date knowledge of international policies and procedures.
Organisational Impact
The organisation will gain from:
- Practical application of IFRS
- Ensuring legal compliance in line with the latest requirements
- Understanding the major accounting issues facing the sector
- Applying IFRS specific to their organisational needs
- Aiding corporate governance thereby reducing risk
- Contributing to financial decision making more effectively
Personal Impact
The Certificate in International Financial Reporting Standards (IFRS) training course will provide the following to the delegates:
- Skills and knowledge to further your professional career
- The latest tools and techniques to assist you in your role
- An ability to make more informed decisions aimed at reducing risk
- Increased skills and improved decision making to increase your importance to your organization
- An ability to liaise effectively with other departments and colleagues regarding current practices and issues affecting oil & gas industry
- A greater understanding or your role and the major issues affecting it
Daily Agenda
Day One: The Role & Scope of IFRS
- Establishing the case for IFRS
- International accounting diversity
- IFRS & US GAAP
- The role & scope of IFRS & IAS
- The IASB conceptual framework
- IFRS, accounting concepts & policies
Day Two: The Presentation & Preparation of Financial Statements
- The annual reports & financial statements
- IAS 1 presentation of financial statements
- Preparing the income statement
- Preparing the statement of financial position
- IAS & statement of cashflow
- Notes & disclosures
Day Three: Accounting for Cash Flow & Financial Instruments
- The importance of cash flow
- Preparing a statement of cash flows in accordance with IFRS 7
- Evaluating the cash flow
- What are financial instruments & derivatives?
- IFRS 7 financial instruments: Disclosures
- IFRS 9 financial instruments
Day Four: Accounting for Assets
- Tangible & intangible assets
- IAS 16: Property, plant and equipment and Depletion, Depreciation & Amortisation (DD&A)
- IAS 36: Impairment of assets
- IFRS 13 fair value measurement
- IAS 38: Intangible assets
- IAS 2 inventories
Day Five: Accounting for Strategic Alliances & Business Combinations
- Strategic alliances mergers & acquisitions
- Goodwill
- IFRS 3 business combinations
- IFRS 10: Consolidated financial statements
- IFRS 11: Joint arrangements
- IFRS 12: Disclosure of interests on other entities
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
In Association With
Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].
