Basic Financial Systems – IFRS Accounting Techniques

Course overview
Who Should Attend
Course Outline
Associations
Schedular and fees

Introduction

Financial systems play a critical role in managing and reporting an organization’s financial performance. With the global adoption of International Financial Reporting Standards (IFRS), it is essential for professionals to understand how financial systems operate and how accounting techniques align with these standards.

This course provides participants with a solid foundation in financial systems and practical exposure to IFRS accounting techniques, enabling them to record, process, and report financial information accurately and in compliance with international standards.

Course Objectives of Basic Financial Systems

At the end of this program participants will be qualified to:

Understand the fundamentals of financial systems and accounting cycles.
Apply key IFRS principles in financial reporting.
Record financial transactions in accordance with IFRS.
Prepare basic financial statements (income statement, balance sheet, cash flow).
Recognize and avoid common accounting errors.
Improve accuracy and compliance in financial processes.

Course Methodology of Basic Financial Systems

Lectures and Expert Insights: Leading industry experts will share their insights and best practices.
Case Studies: Analyze real-world talent acquisition challenges and solutions.
Group Discussions: Engage in meaningful discussions and share experiences with peers.
Role-Playing and Simulations: Practice recruitment scenarios to enhance skills.
Hands-on Workshops: Gain practical experience in using recruitment tools and techniques.

Organizational Impact of Basic Financial Systems

Improved accuracy in financial reporting
Better compliance with IFRS standards
Enhanced transparency and financial control
Stronger financial decision-making processes

Personal Impact of Basic Financial Systems

Strong foundation in financial systems and IFRS
Improved accounting and reporting skills
Increased confidence in handling financial data
Enhanced career development in finance and accounting

Who Should Attend

Junior accountants and finance officers
Administrative staff dealing with financial data
Non-finance professionals seeking basic accounting knowledge
New employees in finance departments

Course Outline

DAY 1

Introduction to Financial Systems & Accounting Basics

Overview of financial systems in organizations
The accounting cycle (from transaction to reporting)
Key accounting concepts (assets, liabilities, equity, revenue, expenses)
Introduction to IFRS and its importance

Day 2

IFRS Framework and Financial Reporting Principles

Conceptual framework of IFRS
Key principles: recognition, measurement, presentation, disclosure
Overview of major IFRS standards
Differences between IFRS and local accounting practices

Day 3

Recording Transactions under IFRS

Journal entries and ledger posting
Revenue recognition principles (IFRS basics)
Expense recognition and matching principle
Handling common transactions (sales, purchases, expenses)

Day 4

Preparing Financial Statements

Structure of financial statements under IFRS
Statement of Financial Position (Balance Sheet)
Income Statement (Profit & Loss)
Cash Flow Statement (basic overview)

Day 5

Analysis, Errors, and Compliance

Identifying and correcting common accounting errors
Basic financial analysis (ratios and interpretation)
Ensuring compliance with IFRS
Internal controls in financial systems

Associations

FB390

14.Jun.2026 to 18.Jun.2026

Cairo - InterContinental Cairo Semiramis

Cost3100 £ GBP

Contact information

London (UK) Office

Istanbul (Turkey) Office

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Basic Financial Systems – IFRS Accounting Techniques