This course will explain a majority of the International Financial Reporting Standards (IFRS). In addition, IFRS prepared financial statements will be analyzed and standards explained as it relates to overall financial statement presentation, accounting treatment for assets, liabilities, revenue and expense recognition, business combinations, consolidations, first time adoption and more. Case studies will be used in this course. The session will conclude with a discussion concerning IFRS for Small to Medium Size Entities (SME’s).