IFRS Conceptual Framework and Financial Reporting

Course Description

This short course is intended to identify objectives of financial accounting and define International Financial Accounting Standards principles (IFRS), prepare and analyze financial statements with emphasis on IFRS, analyze complex transactions affecting asset accounts, liabilities and capital, and discuss the development of accounting standards and the conceptual framework underlying financial accounting reporting.

Course Objectives

This course aims to:

  • Equip applicants with all knowledge and expertise that is required for critical analysis of IFRS principles, concepts and standards.
  • Give emphasis on current theory and practice. Primary concern is with asset measurement and income determination.
  • Describe and understand financial statements (balance sheet) according to IFRS.
  • Comprehend financial statements (Income statement, retain earning statement) according to IFRS. 
  • to evaluate financial statements (Cash Flow statement) according to IFRS. 

Course Outcomes

At the end of the course, the participants should be able to:

  • Explain the steps in the development of an international accounting standard, list the sources of IFRS, and identify the groups that have established IFRS and the documents issued by each group.
  • Explain the nature and the structure of IFRS conceptual framework. 
  • Explain the basic elements of financial statements.
  • Discuss the recognition criteria for revenues, expenses, and gains and losses.
  • Prepare a Multiple-Step income statement, a classified balance sheet and statement of cash flows.
Who Should Attend?

This course is suited for:

  • Seminars and Presentations 
  • Case studies and simulated practical situations.

Training Strategies

The following training strategies will be adopted for this course:

  • Seminars and presentations. 
  • Case studies and simulated practical situations.

Delivery Plan

  • Conceptual Framework of IFRS (day 1).
  • Financial reporting – Statement of financial position (balance sheet, income statement and cash flow statement (IAS1 and IAS7) (day 2).
  • Financial reporting – Statement of financial position (balance sheet, income statement and cash flow statement (IAS1 and IAS7) (day 3).

Starts February 9, 2023 Ends February 11, 2023. 

Hours per Day: 3  

Number of Days: 3

Total no. of Hours: 9 hours.

Morning 10:00 a.m to 11:00 a.m or

Afternoon  2:00 p.m till 5:00. p.m


University of Kurdistan Hewlêr. 


All payments are to be made 7 days prior to the start of the course. Payments are accepted in cash, bank transfer or exchange offices. 


Professional & Executive Education Centre, UKH. 

Trainer Biography
Dr. Ebrahim Mansoori is an Assistant Professor and Head of the Economics and Finance department at the University of Kurdistan Hewler. He holds a PhD in Corporate Finance from the University of Science, Malaysia and a M.A. in Accounting from Shiraz University, Iran.  Over years of teaching and research, he has developed a deep passion for accounting and financial reporting and has regularly published over 15 research studies locally and internationally in the past 10 years. On top of that, Dr. Ebrahim has many years of work experinece in the filed as Finance Advisor as well as Finance and Budget Manager.