A Highly Interactive Training Course On

Certified International Financial Reporting Standards (CIFRS)

Master IFRS for Global Financial Reporting and Compliance

Certified International Financial Reporting Standards (CIFRS)
Course Schedule

CLASSROOM

20-24 Jul 2026
Riyadh
$5,950
21-25 Sep 2026
Doha
$5,950
16-20 Nov 2026
Riyadh
$5,950
30 Nov-04 Dec 2026
Dubai
$5,950
21-25 Dec 2026
Doha
$5,950
15-19 Feb 2027
Dubai
$5,950
03-07 May 2027
London
$5,950
20-24 Sep 2027
Amsterdam
$5,950
29 Nov-03 Dec 2027
Dubai
$5,950
Certificate
  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course
  • Delegates who fully attend this course, and successfully pass the CAPC assessment, will receive a certificate from Coventry Academy Professional Certification (CAPC)® 

Training Overview

Training Overview

The Certified International Financial Reporting Standards (CIFRS) training course provides a comprehensive understanding of IFRS and its application in today’s global financial environment. As differences between US GAAP and IFRS continue to narrow, IFRS has become the world’s most widely adopted accounting framework, now required or permitted in over 100 countries.

This course equips participants with the knowledge and skills to prepare IFRS-compliant financial statements, reconcile differences with GAAP, and understand recognition, measurement, and disclosure requirements. Learners will explore revenue recognition, fair value measurement, and transition considerations, while developing practical skills to implement IFRS standards in corporate reporting.

Through interactive case studies, practical examples, and exercises, participants will gain a deep understanding of both current IFRS standards and future developments, ensuring they can navigate complex reporting requirements, maintain compliance, and enhance financial transparency.

Key Focus Areas of this Course:

  • Evolution and global adoption of International Financial Reporting Standards (IFRS)
  • Key differences and reconciliation between GAAP and IFRS
  • Structure, components, and disclosure requirements of IFRS financial statements
  • Recognition, measurement, and fair value accounting principles
  • Preparing IFRS-compliant financial statements and footnote disclosures
  • Transitioning from GAAP to IFRS, including exemptions and first-time adoption
  • Applying IFRS in practical scenarios for financial analysis and reporting

What are the goals?

By this course, participants will have the expertise to prepare, analyze, and interpret IFRS-compliant financial statements while understanding the global convergence with GAAP.

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

  • Understanding IFRS requirements and the convergence timeline with GAAP
  • Applying IFRS standards in preparing compliant financial statements, including appropriate accounting policies
  • Comprehending recognition and measurement principles within the IASB Framework
  • Managing the transition process to IFRS, including exemptions, exceptions, and first-time adoption challenges
  • Evaluating accounting standards that use fair value measurement and understanding reporting implications
  • Enhancing financial analysis, interpretation, and corporate reporting using IFRS standards
  • Preparing organizations for current and future IFRS requirements and governance considerations

Who is this Training Course for?

The CIFRS course is designed for finance professionals seeking to deepen their knowledge of international accounting standards and improve financial reporting practices.

This training course is suitable to a wide range of professionals but will greatly benefit: 

  • Accounting and finance professionals responsible for preparing or analyzing financial statements
  • Auditors and compliance officers overseeing IFRS adoption and reporting
  • Financial executives and analysts requiring a strong understanding of IFRS principles
  • Bankers and investment professionals involved in IFRS-based financial reporting
  • Any professional involved in implementing, reviewing, or interpreting IFRS-compliant financial information

How will this Training Course be Presented?

This interactive training course combines clear instruction with practical exercises and real-world case studies to ensure participants can apply IFRS standards effectively. Participants will explore IASB technical requirements, discuss implementation challenges, and analyze financial reporting examples.

The course emphasizes hands-on learning, with exercises covering financial statement preparation, revenue recognition, transition planning, and comparative analysis. Through group discussions, scenario-based exercises, and evaluations of real-life examples, learners will gain confidence in applying IFRS, reconciling with GAAP, and interpreting financial statements for decision-making and compliance.

The Course Content

Day One: Introduction to IFRS and Conceptual Framework
  • Overview of IFRS and global adoption
  • IFRS Foundation and IASB structure
  • Conceptual Framework:
    • Objectives of financial reporting
    • Qualitative characteristics
    • Elements of financial statements
  • Recognition and measurement principles
  • Presentation of financial statements (IAS 1)
  • Case study and practical discussion
Day Two: Assets Accounting
  •  Property, Plant and Equipment (IAS 16)
  •  Inventory (IAS 2)
  •  Intangible Assets (IAS 38)
  •  Impairment of Assets (IAS 36)
  •  Investment Property (IAS 40)
  •  Practical exercises and real-life examples
Day Three: Liabilities and Revenue Recognition
  •  Provisions and contingencies (IAS 37)
  •  Financial liabilities (IFRS 9 – overview)
  •  Leases (IFRS 16)
  •  Revenue recognition (IFRS 15):
    •  5-step model
    •  Contract identification and performance obligations
  •  Case studies and application exercises
Day Four: Financial Instruments and Group Accounting
  •  Financial instruments (IFRS 9):
    •  Classification and measurement
    •  Expected credit losses (ECL)
  •  Consolidation (IFRS 10):
    •  Control concept
    •  Group structure
  •  Business combinations (IFRS 3)
  •  Introduction to equity method (IAS 28)
  •  Practical group accounting exercises
Day Five: Presentation, Analysis, and Advanced Topics
  •  Presentation and Disclosure in Financial Statements(IFRS 18)
  •  Statement of cash flows (IAS 7)
  •  Earnings per share (IAS 33)
  •  Disclosure requirements and transparency
  •  Financial statement analysis under IFRS
  •  Key differences: IFRS vs US GAAP
  •  Final case study and group discussion
Accreditation

Frequently Asked Questions

This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.

Our dedicated support team is available to assist you with any questions regarding the Certified International Financial Reporting Standards (CIFRS) training course, including course content, scheduling, registration, corporate bookings, and customised training solutions. We are committed to providing prompt and professional assistance throughout your learning journey.

📞 Phone: +971 58 840 7925

📧 Email: info@coventryacademy.com

🌐 Website: coventryacademy.com

We delivers training courses in carefully selected professional venues that provide a comfortable and productive learning environment. Classroom-based courses are typically hosted in premium international venues with modern facilities and dedicated training spaces designed to support effective learning. Participants also benefit from a professional setting that encourages networking, collaboration, and knowledge sharing with peers from diverse industries and backgrounds.

The Certified International Financial Reporting Standards (CIFRS) training course is designed to be practical, engaging, and highly interactive. Participants benefit from a dynamic learning environment that combines expert-led presentations, facilitated discussions, case studies, practical exercises, and collaborative learning activities. The focus is on developing knowledge that can be applied immediately within the workplace, ensuring participants gain both valuable insights and practical skills that support improved professional performance.

Absolutely. Coventry Academy provides customised in-house training solutions for organisations seeking a tailored learning experience. The Certified International Financial Reporting Standards (CIFRS) training course can be adapted to reflect your organisation’s objectives, industry requirements, operational challenges, and strategic priorities. Delivered exclusively for your team, customised training enables organisations to maximise relevance, encourage collaboration, and achieve targeted development outcomes. Our team will be pleased to discuss your requirements and develop a solution that aligns with your goals.

Yes. Participants who successfully complete the Certified International Financial Reporting Standards (CIFRS) training course will receive a Coventry Academy Certificate of Completion, recognising their commitment to professional development and continuous learning. This certificate serves as formal evidence of participation and achievement and can support career progression, professional credibility, and ongoing development objectives. Where applicable, details regarding professional development credits or accreditation will be provided within the course information.

No prior experience is required to attend the Certified International Financial Reporting Standards (CIFRS) training course. The course is designed to accommodate participants from diverse professional backgrounds and varying levels of experience. While some familiarity with the subject matter may help participants gain additional value from certain discussions and activities, the course content is structured to ensure that both newcomers and experienced professionals can fully engage with the learning experience and benefit from the training.

The Certified International Financial Reporting Standards (CIFRS) training course is designed for professionals seeking to strengthen their knowledge, enhance their capabilities, and achieve greater impact within their organisations. It is suitable for managers, supervisors, team leaders, technical specialists, consultants, and professionals at all career stages who wish to expand their expertise and stay current with industry developments. Whether you are looking to advance your career, improve workplace performance, or prepare for new responsibilities, this course provides valuable knowledge and practical insights to support your professional growth.

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