IFRS Course in Kuwait

Our IFRS course in Kuwait provides a detailed understanding of the concepts and technical aspects involved in finance and accounting. This thorough program is tailored to meet the unique needs of financial reporting under IFRS (International Financial Reporting Standards). It focuses on both grasping the concepts and applying them in real-world situations.

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  • 55 Hours Training
  • Online / Classroom / Onsite
  • 27 Jul, 2024 / 27 Jul, 2024
  • Additional Program Dates
  • 100K+ Happy Students

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What is The IFRS Course in Kuwait All About?

The IFRS course in Kuwait is designed to provide a thorough understanding of International Financial Reporting Standards (IFRS). This course aims to equip participants with the necessary skills in IFRS reporting, adhering to international standards. It prepares participants for the ACCA certification.

Why is The IFRS Course in Kuwait Important?

The IFRS course in Kuwait is crucial for those aiming to advance in finance. It enhances their profile by providing in-depth knowledge of IFRS standards and a valuable certification. This enhances job opportunities, paving the way for career advancement and securing better positions in Kuwait's competitive finance industry.

How Does the IFRS Course in Kuwait Help You Get Hired by Companies?

Employers seek skilled professionals who can adeptly handle the intricacies of IFRS, especially when transitioning to updated accounting systems. These individuals play a crucial role in businesses in Kuwait. They apply global financial reporting standards to vital sections of financial statements.

 

Industry Trends

The finance field in Kuwait is changing fast due to new technologies and the world becoming more connected. To keep up with these changes, companies are using IFRS, a set of accounting standards. They're looking for employees who know about IFRS and what's happening in the industry right now.

Market trends

The finance industry in Kuwait is adapting by hiring professionals with expertise in International Financial Reporting Standards (IFRS). According to information from the Kuwaiti labour authorities, it is projected that job openings in the finance field will grow by 8% by the year 2030. 

Salary Trends

The finance sector is offering lucrative opportunities to IFRS-certified professionals. These professionals are a valuable asset to any organisation. Typically, the average salary for a Finance Manager is KWD 4,250 per month in Kuwait.

Demand & Opportunities

As IFRS (International Financial Reporting Standards) becomes more commonly used in Kuwait and around the world, there is a rising demand for experts in IFRS within the finance and banking fields. Taking an IFRS course not only helps develop the necessary skills for related jobs but also makes it easier to find work in these industries.

A few of the most-sought finance jobs available in the Kuwait region (as observed in popular job portals) follow:

  1. Finance Managers
  2. IFRS Consultants
  3. Financial Planners 
  4. Chartered Accountants 
  5. Financial Reporting Analysts

Course Outcome

Successful completion of the IFRS course in Kuwait will help you to:

 

  • Learn about the structure of international accounting rules. 
  • Explore the ideas, rules, and use of IFRS in the global business world. 
  • Look into the basic needs of IFRS. 
  • Use these global financial rules for important parts of financial documents. 
  • Make general financial statements.

Course Module

  • DipIFR - Diploma in International Financial Reporting
  • International Sources of Authority
  • The International Accounting Standards Board (IASB) and the regulatory framework
  • Fundamental ethical and professional principles

 

  • Presentation of the statement of financial position, the statement of profit or loss and other comprehensive income and the statement of changes in equity
  • Earnings per share
  • Events after the reporting period
  • Accounting policies, changes in accounting estimates and errors
  • Related party disclosures
  • Operating segments
  • Reporting requirements of small and medium-sized entities (SMEs)
  • Elements of Financial Statements
  • Revenue recognition
  • Property, plant and equipment
  • Impairment of assets
  • Leases
  • Intangible assets and goodwill
  • Inventories
  • Financial instruments
  • Provisions, contingent assets and liabilities
  • Employee benefits
  • Tax in financial statements
  • The effects of changes in foreign currency exchange rates
  • Agriculture
  • Share-based payment
  • Exploration and evaluation expenditures
  • Fair value measurement
  • Preparation of External Financial Reports for Combined Entities, Associates and Joint Arrangements
  • Preparation of group consolidated external reports
  • Business combinations – intra-group adjustments
  • Business combinations – fair value adjustments
  • Business combinations – associates and joint arrangements
  • Complete disposal of shares in subsidiaries

Program Dates

27 Jul
  • 11:00 AM
  • Sat
  • Online Live
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Expert Instructors & Teaching Methods

Dr Srinivas is a leading industry professional in the field of finance and accounting. He is an established corporate trainer with demonstrated experience in his field. He is the holder of some of the world’s most valued professional credentials such as CMA, CPA, PMP, CCA, CFE, etc. He has an extensive educational background as well in finance which establishes his mettle in designing, developing and delivering excellent training programs. His training records mark exceptional results in guiding and teaching professionals of all experience levels and from diversified backgrounds. He integrates his excellent presentation skills with the knowledge of educational theories and methodologies to provide onsite and virtual training that is of unparalleled quality. His high community services contribution also ascertains his commitment to training potential aspirants to become tomorrow’s professionals.

Education

  • ⦾ Ph.D. in Management, 2018 (Provisional yet to be received) OPJS University, India
  • ⦾ M.Sc. in Applied Psychology 2016, Bhartiyar University, India
  • ⦾ MBA in Finance 2012, Nagarjuna University, India
  • ⦾ LLB 1998, Osmania University, India
  • ⦾ M.Com 1994, Osmania University, India
  • ⦾ B. Com 1990, Osmania University, India

 

Professional Qualifications

 

  • ⦾ Certified Public Accountant, (CPA), The American Institute of Certified Public Accountants, U.S.A
  • ⦾ Certified Management Accountant, (CMA), The Institute of Management Accountants, USA
  • ⦾ Certified Fraud Examiner, (CFE), Association of Fraud Examiners, USA
  • ⦾ Certified Cost Accountant (ICWA-Inter), The Institute of Cost and Works Accountants of India, India
  • ⦾ Project Management Professional (PMP), Project Management Institute

Dr. Srinivas, PhD, MSc, MBA, LLB, CMA, CPA, PMP

Why Count on Learners Point?

Being the leading providers of the IFRS course in Kuwait, at Learners Point we help professionals master the necessary skill sets to complete the certification.

Following are the USPs our IFRS course in Kuwait offers you:

  • We look at real-world scenarios organizations face and formulate our IFRS course in Dubai evaluating practical requirements
  • Apart from theoretical knowledge, we also focus on practical case studies to give you a reality check and insight into what exactly will be asked of you while delivering in a demanding role
  • Our bespoke IFRS course in Kuwait also equips you with hands-on experience by offering assignments related to the actual work environment
  • Apart from organizing group sessions, we also offer a guided learning experience to enhance the quality of our training program
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional

Learners Experience

"I am immensely grateful for the insights gained from the IFRS course at Learners Point Academy. The course structure is well-paced, and the instructors ensure a supportive learning environment. This program not only enhanced my technical skills but also boosted my confidence in dealing with complex financial reporting scenarios."

Ms. Reem Al-Mutawa

Financial Reporting Analyst

"The IFRS course at Learners Point Academy exceeded my expectations. The real-world examples and case studies provided a practical perspective on applying IFRS principles. I highly recommend this course to professionals seeking a solid foundation in international financial reporting."

Khalid Hassan

Audit Manager

"I can confidently say that Learners Point Academy offers one of the best IFRS courses in Kuwait. The instructors are knowledgeable, and the course structure is well-organized. It's a must for anyone looking to enhance their expertise in international financial reporting."

Ms. Sara Al-Farsi

Corporate Finance Manager

"As a seasoned finance professional, I found the IFRS course at Learners Point Academy to be exceptionally valuable. The course content is up-to-date, and the instructors are industry experts. This program enhanced my understanding of international financial standards and their practical application."

Dr. Fatima Ahmed

Financial Controller

"Enrolling in the IFRS course at Learners Point Academy was a game-changer for me. The comprehensive curriculum and expert instructors equipped me with the knowledge and skills needed to navigate the complexities of international financial reporting. Highly recommended!"

Mr. Abdullah Al-Mansour

IFRS Accountant

Our Graduates

Our graduates are from big companies, small, companies, they are founders, career changers and life long learners. Join us and meet your tribe!

FAQs on IFRS Course in Kuwait

Eligibility Criteria for IFRS course in Kuwait:
1) Chartered Accountants qualify for the course
2) Commerce graduates with a minimum of 2 years of experience in the Finance and Accounts sector are eligible
3) Graduates from any discipline with an experience of at least 3 years of experience in the Finance and Accounts field
The fees for the IFRS course in Kuwait can vary depending on the institution offering the program. Generally, the fees range from KWD 126 to KWD 210.
At Learners Point, our IFRS course in Kuwait provides dynamic, engaging, and comprehensive hands-on sessions. We present three flexible delivery options to cater to individual preferences. Participants have the choice of instructor-led classroom-based group coaching, personalized one-to-one training sessions, or the convenience of attending high-quality live and interactive online sessions.
The IFRS course is recognised and valued internationally. Completing an IFRS course in Kuwait gives you a certificate that is recognised in many countries and sectors.
The IFRS course in Kuwait typically covers a range of topics. These include financial statement presentation, revenue recognition, consolidation, and other important aspects of International Financial Reporting Standards.
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