International Financial Reporting Standards (IFRS) is a set of accounting standards developed by an independent, not-for-profit organisation called the International Accounting Standards Board (IASB).

The goal of IFRS is to provide a global framework for how public companies prepare and disclose their financial statements. IFRS provides general guidance for the preparation of financial statements, rather than setting rules for industry-specific reporting.

Having an international standard is especially important for large companies that have subsidiaries in different countries. Adopting a single set of world-wide standards will simplify accounting procedures by allowing a company to use one reporting language throughout. A single standard will also provide investors and auditors with a cohesive view of finances.

The KPMG learning series on IFRS features technical updates presented to clients on a regular basis. Not only do these technical update sessions provide valuable insight to the changing IFRS landscape but they also enable participants to claim CPE hours.


This course will provide you with a basic understanding of IFRS 16

This course will provide you with a basic understanding of IFRS 15