IFRS Masterclass 0419


This course allows participant to have a refresher on the changes in IFRS as it applies in the UAE with the VAT implications. The objective is to provide this forum as a platform for discussion of implementation of the standards across multiple industries and understand its impact to the companies on financial reporting.


Course Description

This course essentially covers the very relevant IFRS updates on:

1) IFRS 16 Leases 

  • Overview and Impact on Business and Financial reporting
  • The critical definition
  • Lessee accounting
  • Lessor Accounting
  • Business Cases

2) IFRS 15  Revenue Recognition

  • Federal Law 7 of 2017 on Tax Procedures
  • VAT Decree Law No. 8 of 2017
  • Executive Regulation for Federal Law Decree on VAT
  • Highlights and insights on IFRS 15

3) IFRS 9 Financial Instruments

  • Classification and measurement of financial assets
  • Recognition and de-recognition of financial assets
  • Classification and measurement of financial liabilities
  • Recognition and de-recognition of financial assets
  • Impairment of financial assets using ECL model
  • Hedge Accounting
  • Embedded Derivatives


Who Should Participate

Accountant and practicing finance/accounting professionals


Learning Outcomes

Actual business cases will be provided during the session, as well as open forum discussion with the relevance of the standards to respective companies.


Supplemental Materials

  • IFRS
  • Course materials will be provided


Course Schedule

April 19, 2019 (11:00AM to 6:00PM)


Registration Fee: AED 500

While the fee for this course is AED 500, the value that you will get from the course is at least AED 3,000 if you enroll on other institutes offering the same program. Please contact us if you want to avail the PBS Scholarship or Gift Coupon.

PBS accepts payments through the website payment-gateway using credit/debit card, bank transfer, cheque, cash or POS Machine.


Important Note:

As part of PBS continuous support to all aspiring and existing entrepreneurs, all PBS Alumni will have free business coaching (1-hour) for their business concepts, business plan or strategy within 6 months from the date of completing any relevant program. For further details, please call our Admin Team.


Design Template of Certificate of Completion