International Financial Reporting Standards
International Financial Reporting Standards is one of the most important economic discipline. IFRS – is a language of modern business, because everyone should use universal approaches for making and reading financial statements
The goal of mastering the discipline
Formation of knowledge in the field of financial accounting according to the IFRS and skills for making financial reporting according to the IFRS
The skills you get
- you will know the basic principles of IFRS
- you will learn how to keep accounting according to the IFRS
- you will master the primary skills of preparing financial statements due to the IFRS
Topics covered
- 1. Principles the IFRS. Accrual basis. Going concern basis
- 2. Information about fixed assets. Information about investments in non-current assets. Information about intangible assets. Information about investment property
- 3. Information about inventories. Information about accounts receivable. Information about cash
- 4. Information about equity. Information about profit
- 5. Information about loans and borrowings. Information about accounts payable.
- 6. Financial statements (Balance sheet, Income statement, Cash Flow Statements Consolidated statements
When instructed
- 4th year, 2nd semester
List of references and sourses
IFRS (International Financial Reporting Standards)
Instructors
Phone
Mail