IFRS: The Structure of Financial Statements

This course will enable you to

• Understand the principles and aims of the IFRS regime
• Comprehend the general rules regarding financial statements prepared under IFRS
• Gain an overview of the reports

About the course

Do you understand the fundamental principles underlying IFRS? Without a clear understanding of the essential background to the IFRS regime as a whole, it is impossible to fit the individual IFRSs into the bigger picture.

Now enhanced with additional case studies and video interviews with the author, this course explains the design of financial statements within International Financial Reporting Standards (IFRS) and considers their key components, as well as what each statement is trying to achieve. You will recognise the information that needs to be included as well as the concepts of fair presentation, accruals and going concern, building to a full understanding of the core framework into which the IFRSs fit.