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International Financial Reporting Standards (IFRS)

An Interactive 5-Day Training Course

International Financial Reporting Standards (IFRS)

Aligned with Saudi SOCPA (5-Day Program)

NASBA
Classroom Schedule
Date Venue Fees
13 - 17 Apr 2026 Riyadh $ 5,950
29 Jun - 03 Jul 2026 Dubai $ 5,950
24 - 28 Aug 2026 Tokyo $ 6,950
16 - 20 Nov 2026 Riyadh $ 5,950

Course Summary

This GLOMACS IFRS training course, designed in line with SOCPA certification requirements, provides professionals with a comprehensive understanding of International Financial Reporting Standards (IFRS) and their practical applications across different industries. As the most widely adopted financial reporting framework worldwide, IFRS ensures transparency, consistency, and comparability in financial statements.

This training course offers an in-depth study of advanced IFRS topics, focusing on complex standards, practical implementation, and compliance strategies. Participants will gain insights into new and evolving IFRS regulations, along with updates from the International Accounting Standards Board (IASB).

Participants will develop expertise in:

  • Understanding accounting standards and their impact on financial reporting
  • Complying with disclosure and consolidation requirements for financial statements
  • Structuring IFRS-compliant financial statements, including fundamental assumptions and disclosures
  • Recognizing and measuring financial elements based on international accounting principles
  • Applying IFRS standards for revenue recognition and financial reporting
Course Outline
Day 1

Evolution of International Accounting Standards and Financial Reporting

  • IFRS:
    • Introduction, history, and overview of current and future standards.
    • Convergence between IASB and SOCPA.
  • Framework for Preparing and Presenting Financial Statements:
    • Scope, structure, and content of financial statements as per SOCPA.
    • Measurement and recognition of elements in financial statements.
  • IFRS Financial Statement Presentation and Post-Reporting Period Events:
    • IAS 1: Presentation of Financial Statements.
    • IAS 7: Statement of Cash Flows.
    • IAS 8: Accounting Policies, Changes in Accounting Estimates, and Errors.
    • IAS 37: Provisions, Contingent Liabilities, and Contingent Assets.
    • IAS 10: Events After the Reporting Period.
Day 2

Recognition and Measurement of Non-Current Assets

  • IAS 16: Property, Plant, and Equipment:
    • Asset valuation.
    • Revaluation.
    • Depreciation.
  • IAS 38: Intangible Assets.
  • IAS 36: Impairment of Assets.
  • IFRS 5: Non-Current Assets Held for Sale and Discontinued Operations.
  • IAS 40: Investment Property.
  • Case Studies.
Day 3

IFRS Impact on Financial Statements 1

  • IAS 2: Inventories.
  • IAS 12: Income Taxes.
  • IAS 21: Effects of Changes in Foreign Exchange Rates.
  • IAS 23: Borrowing Costs.
  • IFRS 6: Exploration for and Evaluation of Mineral Resources.
  • IAS 24: Related Party Disclosures.
  • IAS 20: Accounting for Government Grants and Disclosure of Government Assistance.
  • Case Studies.
Day 4

Financial Instruments and IFRS Impact on Financial Statements 2

  • Financial Instruments:
    • IFRS 9: Financial Instruments.
    • IAS 32: Financial Instruments: Presentation.
    • IAS 39: Recognition and Measurement.
    • IFRS 7: Financial Instruments: Disclosures.
  • IFRS Impact on Financial Statements:
    • IFRS 13: Fair Value Measurement.
    • IAS 33: Earnings Per Share.
    • Case Studies.
Day 5

Consolidated Reporting, New Standards, and Practical Implications

  • IAS 28: Investments in Associates and Joint Ventures.
  • IFRS 3: Business Combinations.
  • IAS 27: Separate Financial Statements.
  • IFRS 10: Consolidated Financial Statements.
  • New Standards:
    • IFRS 15: Revenue from Contracts with Customers.
    • IFRS 16: Leases.
  • Case Studies.
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers

Endorsed Education Provider

NASBA
Options & Brochure

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

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Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

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For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

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For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at [email protected]

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

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