Finance & Accounting
IFRS and Financial Statement Preparation
This course provides a practical understanding of IFRS principles and financial statement preparation. Participants learn how to prepare and review financial statements, apply key IFRS concepts, understand disclosure requirements, and improve the accuracy and reliability of financial reporting.
Objectives
- Understand the purpose and structure of IFRS-based financial reporting.
- Prepare and review the main financial statements.
- Apply key IFRS concepts related to recognition, measurement, presentation, and disclosure.
- Identify common reporting errors and compliance weaknesses.
- Understand the link between accounting judgments and financial statement quality.
- Improve readiness for audit, management review, and external reporting.
Target audience
- Accountants and senior accountants
- Finance managers and reporting managers
- Financial controllers
- Internal auditors and compliance professionals
- Professionals involved in financial statement preparation
- Managers who review financial reports
Program outline
A clear structure for the learning journey.
Program outline
Outline points are grouped in one designed block instead of being treated as separate module cards.
Module 1: IFRS Reporting Framework
Purpose of IFRS and financial reporting
Qualitative characteristics of useful financial information
Recognition, measurement, presentation, and disclosure
Accounting policies, estimates, and judgments
Module 2: Statement of Financial Position
Assets, liabilities, and equity presentation
Current and non-current classification
Property, plant, equipment, inventory, receivables, and payables
Common classification and measurement issues
Module 3: Statement of Profit or Loss and Other Comprehensive Income
Revenue, expenses, gains, and losses
Operating and non-operating performance
Accruals, provisions, and matching principles
Understanding margins and profitability presentation
Module 4: Cash Flow Statement Preparation
Operating, investing, and financing activities
Direct and indirect methods
Cash flow classification issues
Reconciling profit and cash movement
Module 5: Notes, Disclosures, and Reporting Quality
Purpose of notes to the financial statements
Disclosure requirements and materiality
Related parties, contingencies, commitments, and risk disclosures
Improving clarity and consistency in financial reporting
Module 6: Practical Financial Statement Review
Reviewing a sample set of financial statements
Identifying errors, omissions, and weak disclosures
Audit readiness and management review checklist
Workshop: financial statement preparation and review exercise
Materials provided
- ○ Slides used during the sessions
- ○ Group activities and exercises
- ○ Worksheets and templates
- ○ Case studies relevant to the course
- ○ 4D Certificate of Completion issued by 4D Training & Consultancy
- ○ Post-course support for technical queries and guidance
Training Options
Programs can be delivered in-house, online, or in a blended format depending on your team's schedule, location, and learning objectives. When an external certificate or exam is included, certification rules and fees remain under the relevant awarding body's policies, while 4D provides the training and preparation support.
Why choose 4D
At 4D Training & Consultancy, finance and accounting training is designed around practical business application, accurate reporting, compliance discipline, and better decision-making. We adapt every program to your sector, reporting structure, finance processes, tax environment, and team maturity level. Our trainers use practical exercises, case studies, templates, and real business scenarios so participants can apply finance concepts directly in their daily work.
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