This workshop offers accounting and finance professionals in the manufacturing sector a deep dive into International Financial Reporting Standards (IAS/IFRS) and their specific application within manufacturing contexts. Through lectures, case studies, and practical exercises, participants will explore key standards such as revenue recognition (IFRS 15), inventory valuation (IAS 2), and accounting for non-current assets. By the end, attendees will emerge equipped with the knowledge and skills to navigate complex reporting requirements and ensure compliance within their organizations.
Define the key objectives of the IAS/IFRS framework and its significance for manufacturing.
Compare and contrast different cost measurement methods for inventory valuation
Classify different types of non-current assets and their accounting treatment under IAS/IFRS.
Differentiate between different types of financial statements and their preparation under IFRS.
Discuss the implications of IFRS standards on financial reporting for manufacturing entities.
Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.
We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.
Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.
Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.
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Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.