This course aims to develop an understanding of the IFRS - a set of globally accepted accounting standards. Topics of the course include Introduction to IFRS; the Financial Reporting Framework; Presentation of financial statements; Inventories; Statement of cash flow and preparation of cash flow statement; Preparing Financial Statements following the procedures of IFRS; Accounting policies; Changes in Accounting Estimates and Errors after the Reporting Period; Property, plant and equipment, leases, revenue; and Impairment of assets and intangible assets.
