International Financial Reporting Standards (IFRS) Training Course

This five-day course builds a practical command of International Financial Reporting Standards and how to apply them to real financial statements. It covers the IFRS conceptual framework, the standards most often encountered in practice, and the presentation of a complete set of IFRS financial statements. Through worked examples and disclosure exercises, participants move from knowing the standards to applying them with confidence, producing reporting that is compliant, comparable and decision useful.

IFRS is the common language of financial reporting across most of the world, and across most of Africa's capital markets, banks and listed companies. Yet for many finance professionals, the standards remain something to be feared rather than confidently applied: a shifting body of rules learned in fragments, on the job, under deadline. The cost of that uncertainty shows up in misstatements, audit adjustments and reporting that does not stand up to scrutiny.

This course replaces fragments with a coherent command of the framework. It begins with the conceptual foundations that explain why the standards work as they do, then works systematically through the standards practitioners meet most often, from revenue and leases to property, financial statements and disclosure. Every standard is taught through worked examples and the judgements that real preparers must make, not as abstract text. Participants leave able to prepare and review IFRS financial statements with confidence, apply the right standard to a transaction, and produce disclosure that satisfies auditors, regulators and investors. The course reflects the standards in force and flags the direction of change, so command is current as well as practical.

By the end of this program, participants will be able to:

• • Apply the IFRS conceptual framework to real reporting questions.
• Prepare a complete set of IFRS financial statements.
• Account for revenue under IFRS 15 across common scenarios.
• Apply lease accounting under IFRS 16 as lessee and lessor.
• Account for property, plant, equipment and intangible assets.
• Recognise and measure provisions, income taxes and key liabilities.
• Prepare consolidated statements and account for investments.
• Produce disclosures that meet IFRS requirements.
• Stay current with recent and forthcoming IFRS changes.

This course is designed for:

•Accountants and financial reporting staff

•Finance managers and controllers

•Internal and external auditors

•Treasury and finance officers in banks and institutions

•Public sector finance staff transitioning to IFRS

•Analysts and users of financial statements

•Finance professionals preparing for IFRS based exams

•Consultants and advisers in accounting and audit

The course uses a practical, example led methodology. Each standard is introduced concisely, then applied immediately through worked examples, short cases and disclosure exercises drawn from real financial statements. Participants work individually and in groups, and a daily practical session consolidates the day into something they can apply at their own desk.
• Expert led explanation of each standard
• Worked examples and journal entries
• Disclosure and financial statement exercises
• Group case analysis and discussion
• A daily practical session and a final review clinic

Organizations that invest in this training for their teams will benefit from:

•IFRS compliant, comparable and reliable financial statements

•Fewer audit adjustments, errors and restatements

•Reduced regulatory and reputational reporting risk

•Smoother, faster audits and reporting cycles

•Stronger disclosure that satisfies investors and lenders

•Better informed decisions from trustworthy numbers

•A finance team able to absorb new standards as they come

•Greater confidence from boards, regulators and capital markets

Participants that enroll in this training will benefit from:

•Confidence to apply IFRS to real transactions and statements

•A coherent grasp of the standards rather than fragments

•Stronger technical credibility with auditors and regulators

•Sharper judgement on recognition, measurement and disclosure

•Faster, more accurate preparation and review of statements

•A recognised, marketable specialism in financial reporting

•Readiness for IFRS based professional examinations

•A practical reference toolkit of examples and checklists

At Strategic Revenue Africa, our certification goes beyond proof of attendance—it represents practical competence and measurable capability. Upon successful completion of our training programs, participants are awarded a Certificate of Completion from Strategic Revenue Africa, recognizing their ability to apply acquired knowledge in real-world settings. As an organization focused on architecting sustainable revenue and strengthening organizational performance, our certifications signal that participants are equipped with skills that drive results, not just theory.

A basic understanding of accounting and financial statements is assumed, equivalent to introductory financial accounting. The course suits professionals who prepare, review or use financial statements. No prior IFRS qualification is required, and a working command of English is sufficient.