How long does the training course last?

14,00 hours(s)

In which language(s) is the training course taught?

When will the next session take place?

24.11.2026

See details

Where does the training course take place?

Luxembourg

How much does the training course cost?

505,00€

Who is organising this training course?

Fondation créée en 2015 par la Chambre de Commerce et l’Association des Banques et Banquiers Luxembourg (ABBL), la House of Training est un organisme agréé de formation professionnelle continue qui s'engage à contribuer activement à la compétitivité et à l'attractivité du Luxembourg en développant les compétences de ceux qui font vivre son économie.

Who is the training course aimed at?

This training is for you if you are looking to have a general overview of IFRS, understand some of their most common concepts and be able to apply them in practice.

What are the prerequisites?

No previous IFRS experience required. A solid accounting knowledge is a must.

What are the aims or the skills being targeted?

At the end of the training, the participants will be able to:

understand the basic concepts and rules of IFRS
apply the IFRS rules in practice
prepare a set of financial statements in accordance with IFRS

What does the training course cover?

IFRS Standards - presentation and application
General information on IAS/IFRS, objectives, characteristics
Presentation standards:
- Presentation of financial statements (IAS 1, 7, 8, 10,...)
- Consolidation (IAS 27, 28, IFRS 3, IFRS 10)
Recording, processing, and reporting business transactions and events in accordance with international financial reporting standards including:
- Non-financial assets: inventory, fixed assets, intangible assets. Recognition, measurements and derecognition as well as impairment, depreciation and amortisation techniques.
- Non-financial liabilities: basic understanding of leases (IFRS 16), provisions and contingent liabilities.
- Financial liabilities: basic understanding of loans (IFRS 9).
- Revenue, taxes, and the effects of changes in foreign exchange rates: IFRS 15, IAS 12 and IAS 21.