About Course

The IFRS for SME Certification program is designed for finance and accounting professionals, auditors, and business owners who want to gain expertise in applying International Financial Reporting Standards specifically tailored for Small and Medium-sized Enterprises (SMEs). IFRS for SMEs provides a simplified and standardized approach to financial reporting, making it an essential framework for SMEs operating in the global business landscape.

Course Highlights:

• Introduction to IFRS for SMEs: Explore the background and rationale behind IFRS for SMEs and its significance in international financial reporting.

• Framework and Scope: Understand the structure and scope of IFRS for SMEs, including the simplified requirements for SME financial statements.

• Financial Statement Preparation: Learn how to prepare financial statements in compliance with IFRS for SMEs, including balance sheets, income statements, cash flow statements, and notes to financial statements.

• Measurement and Recognition: Explore the principles of measurement and recognition of assets, liabilities, income, and expenses, with a focus on the unique considerations for SMEs.

• Specific Accounting Topics: Delve into specific accounting topics such as property, plant, and equipment; intangible assets; financial instruments; and more, with a focus on practical application for SMEs.

• Disclosure Requirements: Understand the disclosure requirements under IFRS for SMEs and how to present financial information transparently to stakeholders.

• Case Studies and Practical Exercises: Apply IFRS for SMEs principles through case studies and practical exercises to reinforce learning.

• IFRS for SMEs Certification Exam: Prepare for and take the IFRS for SMEs Certification exam to demonstrate your proficiency in applying the standard.

• Benefits and Compliance: Explore the benefits of adopting IFRS for SMEs, including improved financial reporting quality, access to global markets, and enhanced credibility.

Upon completing the IFRS for SME Certification program, participants will have the knowledge and skills needed to effectively implement IFRS for SMEs within their organizations or when advising SME clients. This certification is valuable for professionals working in SME finance and accounting roles, as it equips them with the expertise to produce reliable financial statements that meet international standards, ensuring transparency, comparability, and credibility in the global business arena.