Education and Services Hub

Course Title:

Course ID:

180324 0701 1255ESH

Course Dates :

18/Mar/2024

 To

22/Mar/2024

Course Duration :

5

Course Location:

London

United Kingdom

Course Fees GBP £ :

Primary Price

£4,555.99

VAT may vary depending on the country where the course or workshop is held

Course Fees USD $:

Advisory Price

$5,829.09

VAT may vary depending on the country where the course or workshop is held

Course Category:

NGO Programmes

Personal Development (NT)

Course Certified By:

* Professional Training and CPD Programs
* Executive Diploma Certificate
* Executive Masters Certificate

* ESHub CPD
* LondonUni
* Others

United Kingdom

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Course Information

Introduction

Welcome to the 5-day intensive course on International Financial Reporting Standards (IFRS) designed specifically for professionals working in non-governmental organizations (NGOs).
This course aims to equip participants with comprehensive knowledge and practical skills in understanding, interpreting, and applying IFRS principles within the unique context of NGOs.
Through interactive sessions, case studies, and practical examples, participants will gain a deeper understanding of financial reporting requirements, enabling them to effectively manage financial resources and enhance transparency and accountability within their organizations.
Note:
Each day will include interactive sessions, group discussions, case studies, and practical exercises to enhance participants' learning experience and application of IFRS principles within the NGO context.

Objectives

• Provide an in-depth understanding of International Financial Reporting Standards (IFRS) and their relevance to NGOs.
• Equip participants with practical skills to interpret and apply IFRS principles in NGO financial reporting.
• Enhance participants' ability to prepare, analyse, and interpret financial statements in compliance with IFRS standards.
• Foster a culture of transparency, accountability, and good governance within NGOs through sound financial reporting practices.

Who Should Attend?

This course is designed for professionals working in non-governmental organizations (NGOs) who are involved in financial management, accounting, reporting, auditing, or governance roles.
Participants may include finance managers, accountants, financial controllers, internal auditors, board members, program managers, and other staff responsible for financial oversight and decision-making within NGOs.

Training Method

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts
• Post-assessment

Program Support

This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.

Daily Agenda

The course agenda will be as follows:
• Technical Session 08.30-10.00 am
• Coffee Break 10.00-10.15 am
• Technical Session 10.15-12.15 noon
• Coffee Break 12.15-12.45 pm
• Technical Session 12.45-02.30 pm
• Course Ends 02.30 pm

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Week 1

Day 1:
Introduction to IFRS for NGOs
• Overview of International Financial Reporting Standards (IFRS)
• Importance and benefits of adopting IFRS for NGOs
• Key concepts and principles of IFRS relevant to NGOs
• Challenges and considerations in implementing IFRS within NGOs
• Case studies and practical examples illustrating IFRS application in NGO context.

Day 2:
Financial Statement Presentation under IFRS
• Understanding the structure and components of financial statements
• Requirements for presentation of statement of financial position, statement of comprehensive income, statement of changes in equity, and statement of cash flows under IFRS
• Disclosure requirements for NGOs under IFRS
• Practical exercises on preparing and presenting financial statements in compliance with IFRS.

Day 3:
Asset Recognition and Measurement under IFRS
• Principles of asset recognition and measurement under IFRS
• Specific considerations for NGOs in recognizing and measuring assets
• Treatment of tangible assets, intangible assets, and financial assets under IFRS
• Impairment testing and derecognition of assets under IFRS.
• Case studies and examples illustrating asset recognition and measurement issues in NGOs.

Day 4:
Liabilities and Equity under IFRS
• Principles of liability recognition and measurement under IFRS
• Specific considerations for NGOs in recognizing and measuring liabilities.
• Treatment of financial liabilities, provisions, and contingent liabilities under IFRS
• Equity accounting and disclosure requirements under IFRS
• Practical exercises on accounting for liabilities and equity in NGO financial statements

Day 5:
IFRS Implementation and Case Studies
• Challenges and best practices in implementing IFRS within NGOs
• Adoption strategies and transition considerations for NGOs transitioning to IFRS.
• Case studies and real-life examples of IFRS implementation in NGOs
• Group discussions and Q&A session on practical issues and concerns related to IFRS implementation in NGOs.
• Wrap-up and evaluation of the course

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.