Course Details
IFRS & Accounting Essentials — UAE-Focused Practical Program
TVS Global Advisors — Professional Skills Training (Non-KHDA)
Master the financial reporting and accounting topics most widely applied in UAE companies — revenue, leases, provisions, financial instruments, income tax, foreign currency and practical month-end closing.
Trust Indicators:
- 100% Live Online
- UAE Practical Treatments
- Journal Templates
- IFRS & Accounting Cheat Sheets
- 35-Day Recording Access
Positioning Strip
Financial reporting under international standards is the base layer of every UAE finance role.
This program focuses on how to apply those standards in real work, not how to memorize technical codes.
Private training · Non-KHDA · Professional skills only.
Executive Summary
UAE accountants are expected to:
- Apply global reporting requirements
- Support audits
- Explain judgments
- Align accounting with Corporate Tax and VAT
- Close the books on time
Most professionals know some theory, but struggle when they must:
- Journalize real transactions
- Decide when to recognize revenue
- Handle leases correctly in the system
- Assess expected credit losses and provisions
- Deal with foreign currency balances
- Reflect tax impacts in the accounts
- Prepare clean month-end adjustment entries
This program is designed to close that gap by teaching how to execute these topics in day-to-day UAE finance work.
By the end, participants can:
- Apply core reporting principles to real UAE transactions
- Prepare correct journals and working papers
- Understand the impact on CT/VAT working files
- Work more confidently with auditors
Explain treatments clearly in interviews
Key Topics Covered (Without Standard Codes)
All core areas relevant to typical UAE companies are covered, including
Revenue & Contract-Based Income
You learn how to:
- Assess when to recognize revenue
- Deal with advance payments and long-term services
- Handle discounts, rebates and variable consideration
- Distinguish between principal vs agent situations
- Align revenue with VAT treatment and documentation
Outputs:
Revenue recognition journals · Contract review checklist · Policy notes.
Leases & Long-Term Arrangements
- You learn how to:
- Identify leases vs service contracts
- Set up right-of-use style arrangements in the accounts
- Separate financing and usage elements
- Build simple amortisation schedules for lease-related items
- Understand the effect on profit, balance sheet and tax working files
Outputs:
Lease working schedule · Journals for recognition and subsequent periods · Explanatory notes.
Financial Assets, Receivables & Credit Losses
- You learn how to:
- Assess credit risk on trade receivables
- Create expected loss/provision models
- Distinguish between doubtful and written-off balances
- Handle fair value movements and basic financial instrument issues
Outputs:
Provision calculator · Journal templates for impairment and reversals · Supporting documentation format.
Provisions, Accruals & Contingent Items
- You learn how to:
- Decide when to record a provision vs only disclose
- Build provisions for employee-related obligations, disputes, warranties, etc.
- Document judgments and assumptions
- Align provisions with Corporate Tax adjustments where relevant
Outputs:
Provision working file · Recognition memos · Disclosure-style notes.
Foreign Currency & Exchange Differences
- You learn how to:
- Apply spot, average and closing rates correctly
- Distinguish monetary vs non-monetary items in foreign currency
- Treat realized vs unrealized exchange differences
- Deal with common UAE scenarios (AED base, foreign revenue, foreign costs)
Outputs:
FX gain/loss journal templates · Month-end FX adjustment worksheet.
Income Tax Accounting (Link to UAE CT)
- You learn how to:
- Connect accounting profit to tax computations
- Understand temporary differences at a high level
- Reflect tax-related balances, allowances and adjustments in the accounts
- Present reconciliations between “tax expense” and actual CT paid/payable
Outputs:
Basic tax reconciliation schedule · Journals for tax-related entries · Notes linking finance and CT working files.
SME-Focused Reporting & Simplified Approaches
- You learn how to:
- Apply simplified treatments suitable for SME-level entities
- Decide where a simplified policy is acceptable
- Prepare clean, understandable financial statements for smaller UAE businesses
Outputs:
Short-form reporting templates · Accounting policy summaries.
Accounting Operations & Month-end Closing
Alongside the reporting topics, the program also builds operational accounting strength, including:
- Month-end and year-end closing steps
- Accruals and prepayments
- Fixed assets and depreciation
- Inventory adjustments and slow-moving stock logic
- Customer and supplier reconciliations
- Bank reconciliations and suspense clearance
- Trial balance cleanup and review
Participants learn how to move from raw trial balance to clean, review-ready financials.
What You Get (Deliverables)
- TVS IFRS & Accounting handbook (concepts + examples)
- Topic-wise cheat sheets (revenue, leases, provisions, FX, tax, etc.)
- Journal entry templates for all major areas
- Accounting operations workbook (month-end & year-end)
- Case studies with UAE-style examples
- Policy note templates
- 35-day recording access
- TVS Completion Letter (professional training)
How the Training Runs
- 100% live online sessions
- Case-based teaching with UAE-oriented examples
- Journal-by-journal walkthroughs
- Practical exercises after key topics
- Optional review of participant attempts
- Dedicated WhatsApp group for doubts
- Recordings available for 35 days
Why Tvs Global Advisors for IFRS & Accounting
Implementation, not exam prep
Focus is on doing the work inside a real company, not passing a paper.
Integrated with tax & compliance thinking
Examples consistently highlight how accounting decisions influence CT and VAT.
Evidence-first documentation style
Participants are encouraged to document assumptions and judgments clearly — the way auditors expect.
UAE-relevant context
Scenarios are framed around free zones, service and trading businesses, and the realities of UAE banking and regulation.
Interview-ready outcomes
Learners leave with ready examples and phrases to use in job interviews and internal evaluations.
Frequently Asked Questions
No. Private professional training only.
We focus on topics and treatments (revenue, leases, provisions, etc.), not on memorizing technical code numbers.
Basic double-entry accounting. The program builds the rest.
Yes — fully live, with 35-day recordings.
Yes — especially for preparing working papers and explaining treatments.