• Understand the history, role and structure of the standard-setter, the International Accounting Standards Board (IASB)
  • Comprehend the objectives and concepts of financial reporting
  • Identify the different steps in the standard-setting process
  • Understand IFRS and its applicability in a worldwide context

Detailed Objectives

A) Components of IFRS financial statements:

  • Distinguish the different components of IFRS financial statements
  • Understand the criteria and guidance for each component

B) IFRS standards relevant to banks:

  • Learning about the typical composition of a banks statement of financial position
  • Guide you through the different standards relating to financial instruments accounting
  • Actively applying your knowledge in an exercise