Certificate in International Financial Reporting Standards (IFRS)
Preparing Accounts in Accordance with IFRS
5-Day Training Course
Key Competencies
By attending this training course, participants will develop key behavioral capabilities that will enhance overall professional effectiveness, supporting continued growth and success in any career path.
Analytical Judgement
IFRS Mastery
Financial Reporting
Disclosure Compliance
Asset Accounting
Cash‑Flow Analysis
Consolidation Skills
Governance Awareness
Course Overview
This Certificate in International Financial Reporting Standards (IFRS) training course offers participants an in‑depth exploration of IFRS, including the Sustainability Disclosure Requirements IFRS S1 and IFRS S2 released in 2023, as well as IFRS 18 Presentation & Disclosures in Financial Statements issued in 2024 and effective from 1 January 2027.
Throughout the training course, delegates strengthen both their technical understanding and practical accounting capabilities, enabling them to record transactions and prepare financial statements in full alignment with IFRS. This ensures compliance with regulatory expectations and supports stronger corporate governance.
The course also provides a tailored overview of the IFRS standards most relevant to your organisation, ensuring the content aligns with identified needs. As a result, participants will be equipped to apply their enhanced knowledge and skills directly within their workplace.
This Energy Training Centre training course will emphasize:
- The purpose and scope of IFRS, including Sustainability Disclosure Requirements IFRS S1 & IFRS S2
- The rationale for IFRS adoption and recent standard‑setting developments
- Core accounting principles and policies
- Key IFRS standards applicable to your organisation
- The preparation and presentation of IFRS‑compliant financial statements
Course Objectives
By the end of this IFRS training course, participants will be able to:
- Apply fundamental accounting concepts and policies
- Prepare income statements and statements of financial position in line with IFRS 18 Presentation & Disclosures in Financial Statements (effective 1 January 2027)
- Produce and analyse cash flow statements
- Account for assets in accordance with IFRS requirements
- Record transactions related to strategic alliances and business combinations under IFRS
Training Methodology
Participants in the Certificate in International Financial Reporting Standards (IFRS) training course will engage in comprehensive learning supported by a range of proven adult‑learning techniques. The methodology incorporates organisation‑specific case studies, facilitated discussions, group activities, interactive exercises, and video materials. These approaches ensure that delegates gain both practical skills and current knowledge of international reporting practices.
Who Should Attend
This IFRS training course is designed for a broad range of professionals and will be especially valuable to:
- Corporate Accountants
- Financial Controllers
- Treasury Officers
- Management Accountants
- Finance Staff in General Accounting, Payables, Receivables, Inventory, Fixed Assets, etc.
- External, Financial and Internal Auditors
- Government Regulators
- Financial and Investment Analysts
Course Curriculum
- Establishing the case for IFRS
- International accounting diversity
- IFRS & US GAAP
- The role & scope of IFRS & IAS including Sustainability Disclosure Requirements IFRS S1 & IFRS S2
- The IASB conceptual framework
- IFRS, accounting concepts & policies
- The annual reports & financial statements
- IAS 1 & IFRS18 Presentation & Disclosures in Financial Statements
- Preparing the income statement
- Preparing the statement of financial position
- IAS & statement of cashflow
- Notes & disclosures
- The importance of cash flow
- Preparing a statement of cash flows in accordance with IFRS 7
- Evaluating the cash flow
- What are financial instruments & derivatives?
- IFRS 7 financial instruments: Disclosures
- IFRS 9 financial instruments
- Tangible & intangible assets
- IAS 16: Property, plant and equipment and Depletion, Depreciation & Amortisation (DD&A)
- IAS 36: Impairment of assets
- IFRS 13 fair value measurement
- IAS 38: Intangible assets
- IAS 2 inventories
- Strategic alliances mergers & acquisitions
- Goodwill
- IFRS 3 business combinations
- IFRS 10: Consolidated financial statements
- IFRS 11: Joint arrangements
- IFRS 12: Disclosure of interests on other entities
Certificates Awarded
Certificate of Completion
After successfully completing this training course, participants will be awarded The Energy Training Centre Certificate of Completion — a respected validation of their dedication to continuous learning and professional excellence. This certificate signifies that participants have gained the essential knowledge and skills required to make a measurable impact in their field.
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Frequently Asked Questions
It is a specialised training programme that develops the skills needed to prepare, analyse, and present financial statements in accordance with IFRS, including new standards such as IFRS S1, IFRS S2, and IFRS 18.
The course equips participants with the knowledge and practical ability to apply IFRS in real‑world financial reporting, ensuring compliance and improved corporate governance.
The curriculum includes IFRS scope and concepts, financial statement preparation, cash‑flow reporting, financial instruments, asset accounting, and business combinations.
Yes. It covers Sustainability Disclosure Requirements (IFRS S1 & S2) and IFRS 18 Presentation & Disclosures in Financial Statements, effective from 1 January 2027.
The course is ideal for accountants, financial controllers, auditors, analysts, regulators, and finance professionals involved in reporting, compliance, or financial analysis.
Participants learn to apply accounting concepts, prepare IFRS‑compliant statements, analyse cash flows, account for assets, and handle business combinations under IFRS.
The course uses case studies, group discussions, interactive exercises, videos, and organisation‑specific examples to ensure practical and transferable learning.
The programme is delivered over five days, each focusing on a major IFRS area: scope, financial statements, cash flows, assets, and business combinations.
Yes. Participants gain hands‑on experience preparing income statements, statements of financial position, cash‑flow statements, and disclosures in line with IFRS.
Yes. IFRS 7 and IFRS 9 are included, covering classification, measurement, disclosures, and the role of derivatives and other financial instruments.
Absolutely. Regulators benefit from understanding IFRS requirements, compliance expectations, and reporting practices across industries.
Participants receive The Energy Training Centre Certificate of Completion, recognising their achievement and professional development.
Yes. The course integrates real‑world scenarios, industry‑specific examples, and hands‑on exercises to reinforce IFRS application.
It enhances technical expertise, strengthens reporting capabilities, supports compliance roles, and increases professional value in finance and accounting fields.
About Energy Training Centre
Energy Training Centre is a leading provider of professional development programs for the energy and public sectors. With over 15 years of experience, we have trained more than 50,000 professionals across the Middle East and beyond.
Our expert-led courses are designed to meet the evolving needs of modern organizations, combining theoretical knowledge with practical applications that deliver immediate value to your career and organization.
50K+
Professionals Trained
15+
Years of Experience
Our Collaborations
We partner with leading institutions to deliver world-class training programs
What Our Delegates Say
Real feedback from professionals who completed this course
Great training course! I have learned more than what I was looking for.
Overall it’s a good training course. Very informative & well-structured.
The instructor's teaching style and methods were very good. Simple yet with actual project examples. He has prepared well and provided well researched learning materials.
The instructor was very well knowledgeable on the subject and had a lot of real examples to share which made the subject relevant and interesting. The pace and duration of the course is also very good.
The class was interactive and rich of information and knowledge.
Thank you to The Energy Training Centre. It was great, and thank you to trainer for his support and the great information that he provided us.
Excellent trainer! The sessions were engaging, practical, and well-delivered. I truly appreciated the trainer’s knowledge, communication style, and enthusiasm throughout the training course.
A great training course, full of information that meets my needs, and the instructor delivered it in an excellent way.
A very informative training course. I will encourage my colleagues to register for the same course to explore and share their experiences. Many thanks to our instructor for his patience and continuous support.
The training course is worthwhile. The knowledge gained will be put to use back home. Kudos!
Very informative sessions and knowledgeable instructor.
The training is well equipped with all the necessary knowledge required, and the instructor is very knowledgeable to deliver it efficiently. I hope to get the best out of the training.
Nice response to workload and good services, with staff orientation and a friendly approach to guests.
We had a lot of case studies and problem-solving scenarios that led to in-depth conversations and discussions. I loved today’s session.
Thank you for a great course. It was a good opportunity to increase my knowledge.
Our instructor was very knowledgeable and passionate about the topic. She kept us very engaged.
The instructor has an amazing way of delivering the topic to those without a specialist background.
This training course gave me a more and bigger perspective about design thinking how to implement it and improve my personal and professional life. It is a privilege to be taught by our Senior Consultant.
This was the best instructor I have met in these (Oil & Gas) trainings.
Amazing sessions with the Senior Consultant. Truly insightful and a week well spent getting new knowledge.
The presentation and delivery was excellently done. I was able to understand the basics of trading beyond my expectation. This is solely due to the good teaching method of the Senior Consultant.
The Senior Consultant did an excellent job in presenting the material and bringing real life case studies and examples during the classroom discussion.
This was a beneficial training course, and I was glad to receive a lot of valuable information.
This was really an amazing training course and I learned everything to enhance our system.
The Energy Training Centre Senior Consultant has excellent knowledge of the subject area. His teaching methods made the concept of ORM easy to understand and follow. Overall, excellent training course.
This training course had a very good introduction into operational risk management.
I enjoyed this training course with the guidance of The Energy Training Centre Senior Consultant. He has excellent skills in delivering and presenting the training course and very knowledgeable about the subject. He supports by answering any questions and links it to practice. Additionally, he provides examples to explain and clarify as well as simplify the subject. I would really recommend attending this training course.
The Power System Protection training course was very informative and the facilitator has a great wealth of experience in this area which made the explanations very easy to understand. He runs through the basics and breaks down the complex parts of the power protection systems. It was a rewarding engagement signing up for this training course.
Great and very rich training course content. The instructor was very professional and has great experience in pipeline.
The training course has provided very good illustrations for the topics discussed. The sessions were filled with energy and exciting lectures. I now have a better understanding of contacts through educational sessions, especially in our breakout sessions on contract negotiations. Overall, this has been one of my best training courses so far. Well done!
The Energy Training Centre's senior consultant has rich experience about the Oil & Gas industry which helped us. Sessions were very useful. Thanks a lot for for sharing valuable information.
The refining operations sessions were highly practical and relevant to the Nigerian context. They were very thought-provoking, highlighting what is needed to make petrochemical plants successful in Nigeria and deliver greater value.
The training course is well taught and structured. The knowledge, exposure and solutions are insightful in advising and helping the company and country to diversify the economy.
Highly valuable content and engaging delivery.
Very good training course and excellent presenter.
Great delivery, great facilitator, carried everyone along and always ensured delegates understand the topics taught.
The practical exercises were important to improve learning.
Very great and useful training course.
The training course was very valuable and fruitful. The Senior Consultant was really an amazing instructor.
Great training course. Great instructor and training location.
This is a great and excellent training. Thank you to the instructor for the well-delivered lectures.
Excellent training! Very professional and knowledgeable instructor. Everything was clear and presented in a very clear and interesting way. It has been a really great experience and the training course was delivered in a relaxing and nice environment.
The training course was really great, and I gained a lot of valuable information from the Energy Training Centre instructor. The training course content was enriching and enjoyable. Thank you all.
The Energy Training Centre's Senior Consultant comes with a wealth of knowledge!
The training course is amazing in all aspects, material wise and even time distribution. I wish everyone to go through this training course.
I try to not exaggerate my ratings, but this has really been an exceptional training course. Should be marketed towards senior leaders and executives in EGA.
Great presentation and material.
Very useful day. Good instructor and professional presentation. The facilitator was fantastic and on top of the job. His delivery was on point.
Had a lot of workshop activities and this made the training more practical and interesting. I really enjoyed the training. He gave more practical workshop demonstrations, on worksite safety practices (IOSH) and power generation processes. Very useful exercises. Additional knowledge acquired and very useful training. He is the perfect instructor.
The course and instructor were very informative and this will greatly help me in my job
Very good course and very interesting
The presenter is amazing, he knows how to keep the audience engaged and his information of the topic is excellent.
Very good course and very informative. The integration between energy, politics & economics well explained.
I really enjoyed this course, it was extremely benefiting. Moreover, we had a great instructor and an amazing teacher. To be honest, this is the best training I have ever attended.
The course provided significant insight to energy contracts.
The presenter understands us and has in depth knowledge of the topic and he chose the most appropriate examples to demonstrate it.
The programme has equipped me with the necessary tools to develop our interventions in the capacitation of energy markets and pricing regimes. Objectives met.
Today's session was an interesting and very useful introduction to the modules in production practices. Energy Training Centre Instructor taught in a lucid, chronological and helpful way. Looking forward to tomorrow’s session.
I was in a relax mood & environment. I am very much satisfied with this course. Well done Energy Training! I enjoyed every moment of this course, it was interactive in nature and we had an easy discussion.
The course was very fruitful and valuable to improve our leadership skills, in both life and work aspects. The instructor had significant positive influence to add up lots of great insights to this course subject.
The course is educative and has exposed me to the new trend in power system.
The consultant is knowledgeable and intelligent. The course material is also well written for easy understanding, also used a lot of practical example to deliver his point.
Learnt a lot today, especially the discussion on environmental and social impact.
I wish the training wouldn’t end because the trainer was very knowledgeable. I can’t wait to go back to my workplace and implement what I’ve learned.
The training program was well organized and executed. Energy Training’s willingness to assist us with any of our concerns was awesome. Great job!
The training is quite informative and interactive. Also, the venue is very conducive for learning.
Brilliant course and intelligent consultant.
The training was really perfect and informative as we gained a lot of new informations related to my field and work environment. Thanks a lot to the instructor for the efforts and skills which passed to us as well as special thanks to the coordinator which is really supportive and spent most of her time to be friendly & helpful. Very good course and orgnization. Well done!
The instructor is best lecturer and presenter. I was learning everyday and we shared our experiences so thank you very much Energy Training. I will encourage my colleagues to participate in future seminars organized by Energy Training and suggest it to anyone who are in search of training/seminar.
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