This comprehensive educational programme in the Czech language will help to understand the basic principles of reporting (accounting) in line with the International Financial Reporting Standards (IFRS) and provide numerous examples.
Our concept of dividing the training into individual modules allows you to either choose the topics that are relevant to you or to complete the entire programme gradually and thus familiarise yourself with IFRS from A to Z.
The programme aims to offer information on the IFRS concept and to provide an overview of the most frequently used standards at the level of detail required for routine practice. We will help you understand the logics of individual standards and their mutual linkage. We will not only focus on recognition in financial statements, but also on the recognition of everyday transactions in line with IFRS requirements.
Our comprehensive training programme is primarily designed for finance and accounting department staff beginning to learn the basics of IFRS.
Each module contains individual courses that will guide you through the selected topic. Each course contains a series of simple examples to help you understand the topic. Modules conclude with a wrap-up refresher course that focuses on solving a series of specific practical examples, giving you the opportunity to practice the knowledge you obtained and get a better understanding of IFRS.
Thanks to our intensive programme, you will learn to use IFRS in practice.
Programme structure:
A. Basic module
- Introduction to IFRS
- Introduction to property standards including the recognition of lease agreements
- Basic standards for trade and manufacture (revenues, inventories, provisions, subsidies)
- Wrap-up
B. Specialised module
- Introduction to financial instruments for the business sector
- Introduction to reporting and consolidation
- Other standards frequently used in the preparation of financial statements (impairment, borrowing costs, subsequent events, accounting methods)
- Deferred tax including the calculation of effective tax rate
- Wrap-up
C. Segment module – selected standards in more detail
- Retail
- Manufacturing companies
- Real estate
- Leasing companies
D. Specific topics
- Consolidation
- Preparation of cash flow statement
- Hedge accounting
The IFRS specialist programme concludes with a written exam.
Conditions for obtaining a certificate:
- Basic module
- Completion of three mandatory courses and a successfully completed exam
- Specialised module
- Completion of four mandatory courses and a successfully completed exam
The total fee for the IFRS specialist programme (basic module – 3 courses and wrap-up; and specialised module – 4 courses and wrap-up) is CZK 48,500 excluding VAT.
The fee for the basic module (3 courses and wrap-up) is CZK 22,000 excluding VAT.
The fee for the specialised module (4 courses and wrap-up) is CZK 26,500 excluding VAT.
Individual courses can be certified separately, based on participation:
- The fee for a daily course taking place from 9am to 1:30pm is CZK 5 200 excluding VAT.
- The fee for a daily course taking place from 9am to 4:30pm is CZK 7 200 excluding VAT.
Who trains with us?
Kooperativa pojišťovna, a.s., Vienna Insurance Group, Michal Novotný
Be an Insurance Company CEO for a Day: The game impressed with its quick presentation of results and a very entertaining drawing of market scenarios and disasters. Although the extent to which each “setting” affected market shares and costs was not very clear, this added an exciting element of surprise. Subsequently, after several interactions, the impact could be estimated.
OGResearch, s.r.o., David Vávra
ISAE 3402 issues: Professional training sessions led by experienced lecturer Radka Haluzíková, who manages to quickly and efficiently pass on a whole range of information in the area of ISAE 3402. Her exceptional identification with our requirements in the field of education is highly appreciated. Since the beginning of our cooperation, we have had no reasons whatsoever for any dissatisfaction. We are content with the course and the contents of the professional training, the selection of topics for individual groups of employees, practical examples and suitability for our company’s actual business activity, as well as the ability to promptly and flexibly adjust the topic according to real issues presented.
Kooperativa pojišťovna, a.s., Vienna Insurance Group, Hynek Vodička
Be an Insurance Company CEO for a Day: An elaborate game that is excellent for gaining experience in making decisions on an insurance company’s strategy, including the ensuing financial result. I recommend playing this game with sales people and agents, too. It’s a pity that it only covers non-life insurance. I recommend expanding the game to include other insurance companies as well.
Hewlett Packard s.r.o., Martina Valentová, Customer Project Manager
Financial instruments: I would like to thank your colleagues for their excellent preparation and perfectly elaborated materials.
Kooperativa pojišťovna, a.s., Vienna Insurance Group, Ondřej Pilař
Be an Insurance Company CEO for a Day: A very good and sophisticated game. I recommend increasing price sensitivity; a high price of insurance not justified by higher costs guarantees very high profits – useful in games consisting of a small number of rounds (approx. up to eight rounds), where it will guarantee a win in the Equity category.