Dates and location
Hours
Dates and location
Hours
Description
IAS 1: Presentation of Financial Statements is a practical course designed to help finance and accounting professionals develop a thorough understanding of the preparation and presentation of financial statements under IFRS. The course provides a step-by-step review of the year-end reporting process, from recording transactions and preparing trial balances to applying adjustments and producing a complete set of financial statements.
Participants will examine the structure and content requirements of the statement of financial position, statement of profit or loss, statement of comprehensive income, and statement of changes in equity. The course also explores common year-end adjustments, including depreciation, inventory, accruals, prepayments, doubtful accounts, taxation, and provisions. By combining technical guidance with practical examples, the course helps learners understand how financial statements are connected and how reporting decisions affect the quality and usefulness of financial information.
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Key Takeaways
Upon completion of this course, learners will be able to:
- Prepare a complete set of financial statements in accordance with IAS 1.
- Apply common year-end accounting adjustments accurately.
- Distinguish between key profitability and performance measures.
- Understand how financial statements interact and support decision-making.
- Correctly classify assets, liabilities, and equity.
Who Will Benefit
This course is intended for professionals involved in financial reporting and accounting, including financial accountants, reporting specialists, controllers, finance managers, and internal or external auditors. It is also well suited for CPA candidates and finance professionals seeking continuing professional development (CPD) credits to enhance their technical expertise and stay current with reporting requirements and best practices.
How to Access the Course
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To access the course on your computer please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Please allow up to 15 minutes after registration for the course to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Learnsignal is a fully online accountancy and finance training provider, partnering with institutes around the world to deliver expert CPD training and help accountants of all levels upskill and grow their careers. With headquarters in Dublin, and a wealth of heritage in the education and accountancy training industry, Learnsignal have quickly become one of the largest Online Training Providers in the world.