International Financial Reporting Standards (IFRS) for Banks

International Financial Reporting Standards (IFRS) for Banks

  • Course Description

    Banks and financial institutions are required to prepare their financial statements in accordance with the International Financial Reporting Standards (IFRS).
    This course outlines the effective dates of recent amendments in International Financial Reporting Standards, It also identifies the effective date of each significant amendment made to those standards and emphasizes on the changes suggested in the amendments.

  • Course Objectives
    • Understand the various standards and their accounting relevance
    • Get familiar with the IAS/IFRS applicability to the banking industry
    • Understand proposed amendments to IFRS 10 and IAS 28 & evaluate changes to IFRS 9
    • Interpret amendments to IAS 12, IAS 1 and IAS 32
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