Accounting Masterclass

COURSE DURATION 5 DAYS
Date: 12^th  to  16^th October 2026

Accounting principles are standardised rules and guidelines that are followed when a company records and reports its finances. They provide for consistency and transparency and allow for comparison among financial statements.

These principles are applied universally, and either are required by law or established by accepted standard-setting organisations like the IFRS Foundation or FASB (Financial Accounting Standards Board).

This Accounting training looks in depth at the requirements of the IFRS, the Tax legislation, the Companies Act, and the International Financial Reporting Standards. It further looks into the requirements of the Accounting conceptual framework, controls to ensure compliance with the Companies Act, Tax legislation, and the accounting standards.

Delegates are expected to have a basic background in accounting to understand the requirements of the standards and the legislative requirements. This Accounting Masterclass will look in more depth at the practical application of IFRS, Tax, and company act across different industries and sectors. This course acts as an update and looks at recently released standards, tax legislation paragraphs, and amendments that will impact future periods. It has been specifically created for those in the accounting, reporting, and/or controlling areas within accounting and finance.

Objectives

Upon completing this course, all participants will improve their knowledge, understanding, and analytical skills of IFRS, Tax legislation, and the Companies Act. Participants will understand:

• The latest standards, along with IASB projects, and how they currently impact the financial statements.
• How the income tax and value-added tax are accounted for in the financial statements, including the effects of deferred tax.
• The Companies Act legislation to ensure compliance.
• Basic controls to ensure compliance with the standards and the legislative requirements.
• The practical implementation of the more complex standards.
• The disclosure and accounting requirements in the financial reporting of a group of companies
• The practical implications of using IFRS in specific industries

Who should Attend?

This training course would be relevant to all of those involved in the preparation, presentation, and interpretation of corporate financial reports from both the private and public sector, both in commercial businesses, government and not-for-profit organizations.

This Accounting & Reporting course is suitable to a wide range of professionals but will greatly benefit: 

• Financial accounting team members
• Financial planning and budgeting professionals
• Strategic planning and head office team members
• Corporate communication and investor relations professionals
• Investment analysts and advisers

Benefits of the Course

This Course will help:

• Ensure consistency in financial reporting
• Promote transparency and trust with stakeholders
• Help meet legal and regulatory compliance
• Allow investors to compare financial statements across companies
• Act as a guideline for auditors and accountants

Course Outline

Day 1: Topics:

• Overview of IFRS Principles and Concepts
• Reporting framework.
• The latest on world adoption of IFRS
• Accounting conceptual Framework.
• First-time adoption of IFRS
• The Accounting Equation
• IAS 1 – Presentation of Financial Statements
• IAS 8 – Accounting Policies, Changes in Accounting Estimates and Errors
• Recognition and Measurement of the elements of AFS.

Day 2: Topics:

• IFRS 15 – Revenue
• IAS 17 -Property, Plant and Equipment
• Recap of all the IFRS Accounting standards.
• Accounting standards updates.
• Frequently asked questions.
• Financial Instruments IFRS 9
• The “Successful Efforts” (SE) Method or the “Full Cost” (FC) Method

Day 3: Topics:

• IAS 19- Employee Benefits
• IAS 33 – Earnings per Share
• IAS 34 – Interim Financial Reporting
• IFRS 5 – Discontinued Operations
• IFRS 7 – Disclosures
• IFRS 13 – Fair Value Measurement
• IAS 28 – Investments in Associates
• IFRS 3 – Business Combinations
• IFRS 8 – Segment Reporting
• IFRS 10 – Consolidated Financial Statements
• IFRS 11 – Joint Arrangements

Day 4: Topics:

• Corporate Income tax legislation.
• Value Added Tax legislation.
• Employees’ tax legislation. (Including PAYE, Pension fund etc.)
• Deferred tax. (IAS 12)
• Recap on Tax Administration Act (including the employer obligations)

Day 5: Topics:

• Review of the Statutory and Legal Requirements as per the Companies Act.
• Compliance Universe.
• Internal controls to ensure compliance.
• Case studies
• End of Course Evaluation and Closure

Certificate

• On successful completion of this training course, the ALARDI Africa Certificate will be issued to the participants.

Venue:

Kenya-Nairobi                               Cost USD 1800

Thailand-Bangkok                        Cost USD 2500

Date: 12^th to 16^th October 2026