UNEC Hosts Training on “International Financial Reporting Standards (IFRS)”

• 16 December 2025

The Azerbaijan State University of Economics (UNEC) is conducting a training program for the first stage of the certification examination in “International Financial Reporting Standards (IFRS)”, specifically covering the subject “Accounting.”

Objectives of the training:

– To enhance participants’ theoretical and practical knowledge in IFRS and NAS (National Accounting Standards);
– To develop the ability to prepare financial statements in accordance with international standards;
– To ensure systematic preparation for the first stage of the IFRS certification examination.

The training will be conducted based on a program consisting of 15 topics and will provide participants with both theoretical and practical knowledge in international accounting and the preparation of financial statements.

Training syllabus:

1. Conceptual Framework for Financial Reporting
2. Presentation of Financial Statements (NAS No.1)
3. Inventories (NAS No.2)
4. Revenue from Contracts with Customers (NAS No.15)
5. Property, Plant, and Equipment
6. Intangible Assets and Goodwill
7. Leases (IFRS No.16)
8. Provisions, Contingent Liabilities, and Contingent Assets
9. Events After the Reporting Period
10. Accrued Expenses, Revenues, and Prepayments
11. Accounting and Reporting of Receivables
12. Financial Instruments
13. Income Taxes (NAS No.12)
14. Preparation and Presentation of the Statement of Financial Position
15. Preparation and Presentation of the Statement of Profit or Loss
16. Statement of Cash Flows (NAS No.7)
17. Preparation and Presentation of the Consolidated Statement of Financial Position
18. Preparation and Presentation of the Consolidated Statement of Profit or Loss

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Contact: 055 806 81 22; 012 441 45 39, UNEC Center for Lifelong Learning
Trainers: Specialized experts in finance and accounting from UNEC.