IFRS Practitioner Certificate Programme

Course overview

Standard-by-standard command of IFRS recognition, measurement and disclosure — including the incoming IFRS 18 presentation regime — anchored to Outliers' IFRS handbook.

Intended audience

Accountants building IFRS depth

Duration & delivery format

7 weeks · 7 modules · Facilitator-led cohort · Corporate & in-house

Learning outcomes

• Explain the purpose and structure of the IASB Conceptual Framework for Financial Reporting.
• Apply the IFRS 15 five-step model to determine when and how much revenue to recognise.
• Classify financial assets into the IFRS 9 measurement categories based on business model and contractual cash flow characteristics.
• Apply the IFRS 16 definition of a lease to distinguish a lease from a service contract.
• Apply the IFRS 10 control model to determine whether one entity controls another.
• Build a complete IFRS disclosure checklist covering the standards addressed across this programme.

Course outline

7 modules, with a short description of what each one covers. The expanded outline below adds fuller module detail, the practical skills each module builds, sample activities and key takeaways.

1. 01

   IFRS Framework & Presentation of Financial Statements

   Conceptual framework, IAS 1 and general presentation requirements.

2. 02

   Revenue Recognition (IFRS 15)

   The five-step model applied to Nigerian business contexts.

3. 03

   Financial Instruments (IFRS 9)

   Classification, measurement and impairment.

4. 04

   Leases (IFRS 16)

   Lessee and lessor accounting and transition considerations.

5. 05

   Consolidation & Business Combinations (IFRS 10/3)

   Group accounting and consolidation mechanics.

6. 06

   Disclosure & Year-End Reporting

   Meeting full IFRS disclosure requirements in annual reports.

7. 07

   IFRS 18: The New Standard on Presentation & Disclosure

   The IFRS 18 presentation and disclosure regime and what changes at transition.