Waar vindt de incompany training IFRS Essentials plaats?
Wherever suits you: at your office, at one of our training locations or online. You also choose the date.
Can the content be tailored to our organisation?
Yes. Before the course we discuss with you what the group can already do, where things go wrong in practice and what should be different afterwards. The trainer uses examples and exercises from your own work.
How large can the group be?
That depends on the course. For a skills course we prefer to work with a small group, so that everyone can really practise. If more people are involved, we schedule several groups or set up a fixed programme.
Wat kost IFRS Essentials incompany?
Je krijgt een vaste prijs voor de hele groep, in een offerte op maat. Met een groep is dat voordeliger dan iedereen los inschrijven.
Can the course be delivered in English?
Yes. For in-company courses we deliver the training in the language of your choice, Dutch or English. Mention it in your request.
Do participants receive a certificate?
Yes, every participant receives a certificate of attendance afterwards.
How do I request a quote?
Via the quote form: state the course, the number of participants and roughly where and when you would like it. An adviser will then contact you.
Who is the IFRS Essentials course intended for and what prior knowledge do you need?
The IFRS Essentials course is intended for financial professionals who deal with IFRS in their work: finance directors, controllers, financial administrators, accountants, financial consultants and managing directors. You need a basic knowledge of financial reporting and annual accounts. Specific prior knowledge of IFRS is not required; the course starts with the background and builds up to the common standards.
What is the difference between IFRS and Dutch GAAP?
IFRS (International Financial Reporting Standards) is the international reporting standard; Dutch GAAP is the Dutch variant. IFRS focuses more strongly on fair value and transparency towards providers of capital, whereas Dutch GAAP more often starts from historical cost and alignment with tax reporting. In the IFRS Essentials course you cover these differences on the basis of standards such as IAS 16, IAS 36, IAS 38 and IFRS 3.
Which IFRS standards are covered in the IFRS Essentials course?
In the IFRS Essentials course you cover all the common IFRS standards you need for correct financial reporting. These include IAS 1 (presentation), IAS 2 (inventories), IAS 7 (statement of cash flows), IAS 8, IAS 10, IAS 16, IAS 27, IAS 28, IAS 36, IAS 37, IAS 38, IFRS 1, IFRS 3 and IFRS 5. You learn to apply them directly to your own annual accounts.
Do you receive a certificate after the IFRS Essentials course?
Yes, on completion of the IFRS Essentials course you receive a certificate of participation from Learnit. This certificate shows that you have attended a full course day on the common IFRS standards, the differences with Dutch GAAP and the application of practical calculation models. You can add it to your CV or LinkedIn profile as evidence of your knowledge of IFRS reporting.
Is the IFRS Essentials course delivered in the classroom or online?
The IFRS Essentials course is taught classroom-based at You follow the course in a small group, together with other financial professionals. This set-up allows for direct interaction with the trainer and room to raise your own practical questions about financial reporting and annual accounts. The course material is included.
When should you choose a classroom IFRS course instead of self-study or a multi-day programme?
IFRS Essentials is suitable if you already have basic financial knowledge and want a workable overview of the common IFRS standards such as IAS 1, IAS 2, IAS 16, IAS 36, IAS 38 and IFRS 3. You have direct interaction with a trainer, can ask questions about your own financial statements and work with practical calculation models. With self-study you miss that feedback and it takes longer before you apply the standards correctly. A multi-day IFRS programme makes more sense if you will be responsible for the full IFRS implementation or consolidation within a listed group. For controllers, accounting staff and financial advisers who need to report with IFRS in mind or want to act as a sparring partner for management, this course is generally sufficient.
What does the IFRS Essentials course give me that I cannot get from a handbook or online articles?
The IFRS Essentials course adds three things you will not find in a handbook. First, you work with practical calculation models that you apply directly to your own financial statements, for example for IAS 16 (property, plant and equipment), IAS 36 (impairment) and IAS 38 (intangible assets). Second, you get a direct comparison between IFRS and Dutch GAAP, tailored to your situation as a listed company, large SME or private entity. Third, you put questions to an experienced trainer and discuss cases with other finance professionals. The course is classroom-based. Self-study gives you the theory; this course gives you application, sparring and feedback on your own figures.
How do I know whether my organisation has to do anything with IFRS at all, or whether Dutch GAAP will suffice?
IFRS is mandatory for listed companies within the EU for their consolidated annual accounts. Non-listed companies may choose: Dutch GAAP (Title 9 of Book 2 of the Dutch Civil Code and the Dutch Accounting Standards) or IFRS on a voluntary basis. Applying IFRS voluntarily is mainly relevant if you have international investors, foreign parent companies or subsidiaries, if you are considering a stock market flotation, or if group reporting is done under IFRS. For purely Dutch SMEs without that context, Dutch GAAP is usually sufficient. In the IFRS Essentials course (classroom-based,) you learn the concrete differences between IFRS and Dutch GAAP and which considerations play a role in that choice, so that you can give well-founded advice within your own organisation.