IFRS Foundation Certification

Module 1: Introduction to IFRS

• IFRS overview
• Purpose of financial reporting
• Global financial reporting
• IFRS structure
• Reporting environment
• Key terminology

Module 2: Conceptual Framework

• Financial reporting objectives
• Qualitative characteristics
• Reporting entity
• Recognition principles
• Measurement concepts
• Presentation principles

Module 3: Presentation of Financial Statements

• Statement of financial position
• Profit or loss
• Other comprehensive income
• Changes in equity
• Financial statement structure
• Presentation principles

Module 4: Accounting Policies & Estimates

• Accounting policies
• Accounting estimates
• Changes in estimates
• Prior-period errors
• Consistency
• Financial reporting impact

Module 5: Revenue Recognition

• Revenue principles
• Customer contracts
• Performance obligations
• Transaction price
• Revenue recognition
• Contract considerations

Module 6: Inventory Accounting

• Inventory recognition
• Inventory measurement
• Cost components
• Cost formulas
• Net realizable value
• Inventory reporting

Module 7: Property, Plant & Equipment

• Asset recognition
• Initial measurement
• Subsequent measurement
• Depreciation
• Asset disposal
• Revaluation concepts

Module 8: Intangible Assets

• Intangible asset recognition
• Initial measurement
• Research and development
• Amortization
• Useful life
• Disclosure considerations

Module 9: Impairment of Assets

• Impairment indicators
• Recoverable amount
• Value in use
• Impairment losses
• Reversal concepts
• Reporting impact

Module 10: Lease Accounting

• Lease identification
• Lessee accounting
• Right-of-use assets
• Lease liabilities
• Lease payments
• Financial statement impact

Module 11: Financial Instruments

• Financial assets
• Financial liabilities
• Classification
• Measurement
• Impairment concepts
• Financial instrument disclosures

Module 12: Provisions & Contingencies

• Provisions
• Recognition criteria
• Measurement
• Contingent liabilities
• Contingent assets
• Disclosure requirements

Module 13: Income Taxes

• Current tax concepts
• Deferred tax
• Temporary differences
• Tax assets
• Tax liabilities
• Financial reporting impact

Module 14: Cash Flow Statements

• Operating activities
• Investing activities
• Financing activities
• Direct method
• Indirect method
• Cash flow analysis

Module 15: Employee Benefits

• Short-term benefits
• Post-employment benefits
• Defined contribution concepts
• Defined benefit concepts
• Recognition
• Disclosure principles

Module 16: Foreign Currency Transactions

• Functional currency
• Foreign currency transactions
• Exchange differences
• Translation concepts
• Reporting currency
• Financial impact

Module 17: Consolidated Financial Statements

• Group accounting concepts
• Parent and subsidiary
• Control principles
• Consolidation process
• Intercompany transactions
• Non-controlling interests

Module 18: Fair Value Measurement

• Fair value concepts
• Valuation approaches
• Market participants
• Principal markets
• Fair value hierarchy
• Disclosure concepts

Module 19: Events After the Reporting Period

• Adjusting events
• Non-adjusting events
• Recognition
• Measurement impact
• Disclosures
• Reporting considerations

Module 20: IFRS Disclosures & Reporting

• Disclosure principles
• Accounting policy disclosures
• Financial statement notes
• Material information
• Reporting consistency
• Transparency

Module 21: Digital Tools & AI in Financial Reporting

• AI-assisted financial analysis
• Automated reporting
• Data validation
• Disclosure review
• Reporting workflows
• Responsible AI usage

Module 22: Practical IFRS Reporting Project

• Transaction analysis
• Accounting treatment
• Financial statement preparation
• Reporting adjustments
• Disclosure preparation
• Financial reporting review