Improve your IFRS knowledge
with us
We work with IFRS every day and we can offer you theoretical knowledge and experience from current practice.
Our trainings are highly interactive – you will be solving a number of case studies and practical exercises that will help you to understand the issue in detail. We will help you to gain knowledge and skills from IFRS seminars that you will then be able to use in practice.
IFRS courses
- IFRS update 2025 – Advanced
- Acquisitions, group reorganisations and consolidation – Financial reporting issues
- Accounting challenges in corporate treasury
IFRS update 2025 – Advanced
Course will provide an update on all the latest developments and trends in IFRS, including IFRIC agenda decisions, illustrating them with practical examples and questions.
Beside the amendments, other hot topics will be discussed as well, like reporting requirements on sustainability and ESG, how to account for carbon offsets, taxes classification issues with real life examples in CEE, etc.
Topics covered in the training:
IFRS 18 - Presentation and Disclosure in Financial Statements,
ESG Hot topics - ESRS, S1 and S2,
Carbon offset accounting,
Current vs non-current liability - practical examples (Amendments to IAS 1),
What accounting policies to disclose in the financial statement? - practical examples (Amendment to IAS 1),
Globe related hot topics and classification of taxes through examples,
IFRS 17 Hot topics - practical examples for non insurance companies,
Selected IFRIC agenda decisions and ESMA enforcement decisions,
New standard amendments, IFRIC agenda decisions and IASB’s workplan.
Acquisitions, group reorganisations and consolidation – Financial reporting issues
The course provides 6-month access to the IFRS 10 Consolidated financial statements and the IAS 28 Investments in associates and joint ventures e-learning modules immediately after registering, so participants can freshen up their basic IFRS knowledge about the subject before the master courses.
Acquisitions, group reorganisations – topics covered in the training:
Introduction to consolidation – current issues, most common difficulties,
Different types of financial statements – which provides the highest value in different situations,
Who and when shall be consolidated – formation of the group, definition of control,
Special accounting issues of acquisitions,
- Effect of group reorganisations, related issues.
Consolidation – topics covered in the training:
Consolidation with practical examples,
Accounting issues of disposals,
Equity method in practice,
Reconciliation of separate and consolidated financial statements,
Tips for reviewing consolidated financial statements,
- What makes financial statements “good”?
Accounting challenges in corporate treasury
During the practice-oriented training, you will gain a comprehensive understanding of the most common derivatives and hedging transactions in corporate treasury together with the accounting treatment according to IFRS. You will also gain insight into the accounting treatment of customer and supplier finance arrangements.
We recommend our training to those working in the field of accounting and controlling and to those interested in corporate treasury.
Topics covered in the training:
Introduction to corporate treasury
- What type of risks is a company exposed to,
- Risk management strategy and objectives,
- Main types of derivatives and their accounting treatment.
Hedge accounting under IFRS
- What is the purpose of hedge accounting?
Conditions for the application of hedge accounting,
Main types of hedge accounting,
Practical examples according to IFRS,
Factoring and supplier finance arrangements
Accounting treatment of factoring arrangements according to IFRS,
Accounting treatment of supplier finance agreements according to IFRS,
The effects of these arrangements on the financial statements and key performance indicators.
IFRS Seminars – on demand
- Consolidation – basics according to IFRS and differences to CZ GAAP, accounting treatment of business transformations
- Consolidation – more complex groups, transactions under common control and consolidated cash flow
- Cash flow – how to draw up a cash-flow statement using the indirect method
- IFRS 15 – Revenue from Contracts with Customers
- IFRS 16 Accounting for leasing in practice
- Deferred tax according to CZ GAAP and IFRS
- Basics of IFRS accounting and differences to CZ GAAP
- Treasury basics
- Financial accounting basics under IFRS
- Financial accounting basics under US GAAP
Consolidation – basics according to IFRS and differences to CZ GAAP, accounting treatment of business transformations
Throughout this course you will get familiar with the basic rules of consolidation of an existing group and accounting for acquisitions and disposals of companies according to both CZ GAAP and IFRS.
After completing the course you will:
Gain knowledge of IFRS 10, IAS 28, IFRS 3 and IFRS 5,
Have practical experience with basic consolidation adjustments, such as elimination of intercompany transactions and balances foused on inventories and fixed assets purchased within a group, goodwill and deferred tax arising during acquisitions,
Understand the problematic aspects of accounting for business transformations according to CZ GAAP and IFRS: IFRS 10, IAS 28, IFRS 3 a IFRS 5.
Are you interested? Contact us
Consolidation – more complex groups, transactions under common control and consolidated cash flow
Throughout this course you will get familiar with the impacts of transactions under common control.
After completing the course you will:
Gain knowledge about exercising control in cases when the control is not defined based on ownership share,
Get information about the specifics of internal transactions or transactions with owners which are not made under market conditions,
Have an overview on the impact of interest cost capitalisation on the group.
Cash flow – how to draw up a cash-flow statement using the indirect method
Throughout this course you will learn how to prepare a cash-flow statement using the indirect method.
After completing the course you will:
Get best practice examples,
Gain a practical overview of the most common modifications (taxes, assets, offsets, capitalization, etc.),
Have information about the basic differences in the structure of cash flow according to CZ GAAP and IFRS and possible pitfalls during the preparation of consolidated cash flow.
IFRS 15 – Revenue from Contracts with Customers
Revenue reporting is one of the most widely-monitored "disciplines" of financial analysts. During the course you will be able to learn about the practical experience with the implementation of IFRS 15.
After completing the course you will:
Get to know how to deal with payments to customers, customers' material rights acquired under the contract, principal agent assessment, the customer's rights or obligations to return the purchased goods and consignment arrangements,
Get familiar with the new disclosure requirements that were not previously required and will be mandatory from 2018 onward. You will also find out what additional disclosures should be made on the transition to IFRS 15 in the 2018 financial statements.
IFRS 16 Accounting for leasing in practice
You will gain knowledge of the new fundamental change in accounting for operating leases, which will be newly recognised for lessees in the statement of the financial position.
After completing the course you will:
Have practical experience with calculation and accounting for new assets and liabilities related to operating leases,
Get information about the contracts’ specific provisions (option on extension, indexation, variable lease, residual price guarantee, etc.) and the changes and their impact on the amount of assets and liabilities,
Know about the practical impact of the new standard on key financial indicators, financial risks and internal systems and processes,
Be prepared for the transition day.
Deferred tax according to CZ GAAP and IFRS
This seminar deals with the accounting for deferred tax under IFRS and Czech accounting regulation.
After completing the course you will:
Get familiar with the key principles and methods for calculating deferred tax under both IFRS and Czech accounting regulation,
Gain an overview of the correct alignment of the effective tax rate for disclosure in the notes to the IFRS financial statements will be discussed,
Get information about selected cases that are complicated from the accounting and tax point of view.
Basics of IFRS accounting and differences to CZ GAAP
The aim of this course is to introduce International Financial Reporting Standards (IFRS) as a globally used accounting system and to highlight the main differences in IFRS compared to the accounting regulations of the Czech Republic for business entities.
After completing the course you will:
Get familiar with IFRS as a globally used accounting system and to highlight the main differences in IFRS compared to the accounting regulations of the Czech Republic for business entities,
Get insight into the Conceptual Framework as the cornerstone of IFRS and gain an overview of IFRS standards relevant for presentation and publishing of financial statements,
Be introduced to IFRS standards that are usually most relevant for business entities including standards relevant for non-current assets, leases, capitalization of borrowing costs, financial assets and inventories, as well as those dealing with liabilities including provisions, financial liabilities and income taxes,
Get information about the IFRS dealing with the reporting of revenues from the main operating activities,
Get an overview of differences, for each of the IFRSs discussed, compared to how the relevant area is being dealt with (or not) by the Czech accounting regulations.
Are you interested? Contact us
Treasury basics
Focus will be on the following issues: Role and structure of treasury; Cash management; Liquidity management; Payment and banking services; Bank relationships; Money Market Deposits / Borrowings; Financial Markets Derivatives – Forwards (FX, IR); Swaps; Options; Treasury security; Control and audit.
After completing the course you will:
Understand the background of treasury roles in respect of cash, liquidity and banking activities,
Appreciate key risk areas and how they are addressed,
Know about the importance of treasury role in its context,
Be aware of treasury-related activities outside the BSC and their interaction with BSC processes.
Financial accounting basics under IFRS
During this course, you will learn the basics of financial accounting under IFRS and understand the IFRS framework and its principles.
After completing the course you will:
Know the IFRS Framework - financial statements, accounting policies, estimates and errors, subsequent events, tangible assets, intangible assets, investment property, borrowing cost, impairment,
Become familiar with the areas of inventories, provisions, revenue recognition, deferred tax, construction contracts, employee benefits, share based payments,
Know how to use the standards, business combinations, consolidation, accounting of associates and joint-ventures,
- Understand the calculation of deferred tax, basis of financial instruments, impact of changes in exchange rates, financial, operative and embedded leases; interim report, future of IFRS.
Are you interested? Contact us
Financial accounting basics under US GAAP
During this course, you will learn the basics of financial accounting under IFRS and understand the IFRS framework and its principles.
After completing the course you will:
Know the IFRS Framework - financial statements, accounting policies, estimates and errors, subsequent events, tangible assets, intangible assets, investment property, borrowing cost, impairment,
Become familiar with the areas of inventories, provisions, revenue recognition, deferred tax, construction contracts, employee benefits, share based payments,
Know how to use the standards, business combinations, consolidation, accounting of associates and joint-ventures,
- Understand the calculation of deferred tax, basis of financial instruments, impact of changes in exchange rates, financial, operative and embedded leases; interim report, future of IFRS.
Are you interested? Contact us
Details of courses
| Date | Course | CPD points | Language | Place |
Price (excl. VAT)* | Registration |
| 28 November 2024 9 a.m. – 4:30 p.m. |
Accounting challenges in corporate treasury | 8 | ENG | Online | 10 900 CZK | Register |
| Spring 2025 | IFRS update 2025 – Advanced | 8 | ENG | Online | 10,900 CZK | Register |
| Spring 2025 | Acquisitions, group reorganisations and consolidation – Financial reporting issues | 8 | ENG | Online | 10 900 CZK | Register |
| Spring 2025 | Acquisitions and group reorganisations | 4 | ENG | Online | 5 900 CZK | Register |
| Spring 2025 | Consolidation | 4 | ENG | Online | 5 900 CZK | Register |
