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International Financial Reporting Standards | Saturdays

Skills for Change

Multiple Dates

Toronto, Canada

International Financial Reporting Standards | Saturdays

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Ticket Type Sales End Price Fee Quantity
International Financial Reporting Standards | Saturdays
Registration continues up to the second day of class. Call to register after start date. 416.658.3101 x 216. $10 fee for materials will apply
1 hour before event starts CA$500.00 CA$0.00

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Event Details

Effective 1 January 2011, many Canadian businesses have begun implementing the mandatory new International Financial Reporting Standards (IFRS). This global accounting framework has been developed to increase transparency and comparability in financial statements and reporting. In this course you will become familiar with the thirty-two IFRS standards and learn how to interpret and apply them in your daily business activities. Prerequisites: Understanding of basic accounting principles, CLB 6-7.

Time: Saturdays | 9:30am - 2:30pm (8 weeks, 40 Hours)

Course Content:


International Financial Reporting Standards

IFRS 1 First-time Adoption of International Financial Reporting Standards
IFRS 2 Share-based Payment
IFRS 3 Business Combinations
IFRS 5 Non-current Assets Held for Sale and Discontinued Operations
IFRS 7 Financial Instruments: Disclosures
IFRS 8 Operating Segments

International Accounting Standards

IAS 1 Presentation of Financial Statements
IAS 2 Inventories
IAS 7 Statement of Cash Flows
IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors
IAS 10 Events After the Reporting Period
IAS 11 Construction Contracts
IAS 12 Income Taxes
IAS 14 Segment Reporting
IAS 16 Property, Plant and Equipment
IAS 17 Leases
IAS 18 Revenue
IAS 19 Employee Benefits
IAS 20 Accounting for Government Grants and Disclosure of Government Assistance
IAS 21 The Effects of Changes in ForeignExchange Rates
IAS 23 Borrowing Costs
IAS 24 Related Party Disclosures
IAS 27 Consolidated and Separate Financial Statements
IAS 28 Investments in Associates
IAS 31 Interests In Joint Ventures
IAS 33 Earnings Per Share
IAS 34 Interim Financial Reporting
IAS 36 Impairment of Assets
IAS 37 Provisions, Contingent Liabilities & Contingent Assets
IAS 38 Intangible Assets
IAS 39 Financial Instruments:Recognition and Measurement
IAS 40 Investment Property

Tax Credit: Tuition tax credit forms will be issued.

Certificate: Participants receive a certificate of completion.

Registration and information

For more information, please call 416-658-3101 x216 or write

Refund Policy:

If you withdraw more than five business days before the start of the TechSkills class you have enrolled in, an 80% refund by cheque, or a reversal to your credit card, will be processed. If you withdraw five business days, or less, before the start of the TechSkills class you have enrolled in, you will receive no refund.

Cancellation Policy:

Skills for Change (SfC) strives to hold classes as scheduled, however if low enrolment or other circumstances beyond our control occur, SfC reserves the right to cancel or reschedule classes five business days prior to its commencement date.

Have questions about International Financial Reporting Standards | Saturdays? Contact Skills for Change


791 St. Clair Avenue West
Toronto, M6C 1B7


Skills for Change

Skills for Change is known for pioneering programs that respond to shifting immigration and workplace trends and lead to employment. The first program, in 1983, was an office training program that successfully led all its first graduates, a group of women from Southeast Asia, into full-time employment.

Now a range of accelerated programs are offered to fit the needs of the people arriving from all parts of the world. Services offered include information and referral, French and English language assessment, English language instruction, integrated language/skills training, employment preparation, business skills, mentoring and settlement services.

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