Practical Application of Complex IFRS Requirements
Two-day practical training, 27–28 August 2026 at Best Western Plus Hotel, Lusaka.
Course overview, audience and benefitsView course information
1.0 Course Overview
The International Financial Reporting Standards (IFRS) Framework provides a unified basis for the preparation and presentation of financial statements in over 150 countries. Preparers of financial statements, auditors, accountants and regulatory authorities to need to interpret and apply IFRS appropriately and consistently.
However, IFRSs are continually being revised to meet the ever-changing business dynamics. These changes result in increased complexities and new issues in accounting and financial reporting. As a result, there is a real challenge to business entities and individuals who produce and use financial statements.
Our Training is thus designed to provide step-by-step guidance on difficult financial reporting issues and the latest developments in IFRSs. We will guide participants with practical case study analysis and discussions of key requirements and concepts for preparing financial statements and disclosures under IFRS.
2.0 Who should attend?
This is ideal for accounting staff at all levels who need to understand, interpret and apply IFRS including:
- Accountants and Chief Accountants,
- Auditors and Analysts,
- Finance Managers and Directors, CFOs.
3.0 How will participants and your organisation benefit?
Our IFRS content selection is designed to ensure we deliver relevant and effective training to meet the specific needs of participants. The training is implementation based and designed to support Accountants at all levels with full guidance, examples and case studies, as needed on the job to:
- Record journal entries required in applying the standards
- Apply IFRS in preparing Financial Statement
- Interpret and assess financial implications of standards
- Develop and maintain IFRS knowledge;
Thursday, 27 August 2026
Deep dive into IFRS updates
IFRS 18, IFRS S1 and IFRS S2.
Facilitator: G. MuyalwaComplex accounting issues in IFRS 9
Recognition, classification, measurement, derecognition, impairment and hedge accounting.
Facilitator: H. GomaRevenue recognition challenges in IFRS 15
The five-step approach, contract costs, transaction price changes, returns, warranties and related application issues.
Facilitator: H. GomaFriday, 28 August 2026
Complex accounting issues in IFRS 16
Lease identification, recognition, measurement, lease terms and modifications.
Facilitator: G. MuyalwaDeferred tax application challenges in IAS 12
Current and deferred tax, recognition, calculation and disclosure requirements.
Facilitator: G. MuyalwaCommon pitfalls in accounting for PPE
IAS 16 and IAS 36, including borrowing costs, impairment and accounting estimates.
Facilitator: H. Goma