International Financial Reporting Standards (IFRS) and 2021 Updates

The ‘International Financial Reporting Standards (IFRS) and 2020 Updates’ course will help build the knowledge you need in IFRS for success in today’s global business world. Like you, we believe those who understand and apply IFRS will enjoy expanded career opportunities as its use is spreading around the world. Developed with input from subject matter experts from across the region, this course is designed to provide accounting and finance professionals with the training, knowledge, and practical guidance needed to use IFRS and stay up to date with its newest standards and changes.

Course Objectives

By the end of the course, participants will be able to:

  • Describe the setting process in IFRS and list the currently available standards
  • Explain the most recent updates on existing IFRS and evaluate the effect of newly issued standards on their organization
  • Determine the correct presentation and minimum disclosure for components of statements of financial position, statements of comprehensive income, statements of owners’ equity, and statements of cash flows by IFRS
  • Appraise and properly account for transactions affecting current assets and liabilities, noncurrent assets and liabilities, and revenues and expenses by IFRS
  • Use professional judgment in applying IFRS for matters relating to nonrecurrent business transactions

Course Methodology

This highly interactive course includes trainer presentations, group activities, working in pairs, individual exercises, discussions, reflection, quizzes and case studies. Participants will have the opportunity to discuss their challenges and share good practice.

Target Audience

Professionals in the fields of finance and accounting as well as professionals seeking to enhance their international accounting knowledge from companies implementing IFRS as the standard of reporting.

Target Competencies

  • Understanding financial statements
  • Financial reporting
  • Applying IFRS
  • Accounting for current and noncurrent assets and liabilities
  • Classifying investments
  • Describing updates and amendments
  • Assessing the impact on financial accounts

Course Inclusions:

  • Comprehensive learning materials incl. exercise files
  • Post course telephone support
  • ‘Certificate of Attendance’ on completion of the course
  • Light lunch

Deal: 5% discount for two to four participants and 10% discount for 5 and above participants. We also offer virtual learning on WhatsApp and Zoom. Contact us for details.

Training Details




10 am – 4 pm daily


N145,000 per participant.

Acct Name

Adoney Associates Limited

Acct No

4110014604 (Polaris Bank)




Batch A: Aug 23- 26, 2021,  Nov 15-18, 2021

Batch B: Feb 7- 10, 2022,  April 4-7, 2022,  July 25-28, 2022.

More details

Call: 08023660697, Call/WhatsApp:  07046181186,