Expand your knowledge of the basics of IFRS
Master Class: IFRS Basics
Deepen your understanding of international accounting standards and gain valuable knowledge for your career in finance.
Next launch: 18 October 2026
About this Master Class
In this Master Class, you will delve deep into the fundamentals of IFRS, with a special focus on the framework concept and the relevant International Accounting Standards (IAS). You will gain practical insights into the application of standards such as IAS 1 (Presentation), IAS 8 (Accounting Policies) and IAS 7 (Statement of Cash Flows). This Master Class is aimed at finance professionals who are looking for a more comprehensive understanding of the fundamentals of international accounting in accordance with IFRS.
Learning objectives
Overview of the basics of IFRS
After completing the Master Class, you will have a comprehensive overview of the fundamentals of IFRS.
Understanding the scope of application
You understand when and how which standards are applied and can identify the relevant criteria.
Explain the basics
You will be able to explain the various aspects of IRFS and apply the presentation, methods and other fundamental aspects.
Interactive exercises
Interactive exercises help you to consolidate and apply what you have learnt.
Deepening the knowledge
You will deepen your knowledge of international accounting standards and be better prepared for professional challenges.
Practical examples
Practical examples and case studies allow you to put your theoretical knowledge into practice.
Target group
Who should attend this Master Class?
This Master Class is aimed at financial experts who wish to deepen their knowledge of the fundamentals of IFRS. The course is particularly suitable for specialists who work in international companies or are looking for a career in the finance department of a corporate group.
By participating in this Master Class, you can expand your skills in dealing with long-term non-financial assets and thus make a valuable contribution to the preparation and valuation of financial statements. The course is also relevant for auditors and consultants who want to expand their expertise in international accounting.
Duration and structure
How is the course structured?
Our Master Class is divided into several blocks. Each block deals with a specific aspect and offers a mixture of theoretical principles and practical application examples. Joint video conferences are used to consolidate what has been learnt and clarify questions. The structure of the Master Class allows participants to work through the content at their own pace until the video conference and to put what they have learnt directly into practice. At the end, cross-topic case studies are dealt with in order to understand the context and consolidate what has been learnt.
The duration of a Master Class is 24 hours in total. This includes 18 hours of self-study with our online courses on the respective standards and 6 hours of video conferencing (4 x 90 minutes).
Register now for the Master Class!
Deepen your knowledge in the field ofnon-financial assets with our Master Class. Register today and benefit from our specialised knowledge and practical learning content.
Frequently Asked Questions
The Master Class IFRS Fundamentals covers which standards?
The focus is on the conceptual framework, IAS 1 (Presentation of Financial Statements), IAS 8 (Accounting Policies, Changes in Accounting Estimates and Errors), IAS 10 (Events after the Reporting Period), IAS 7 (Statement of Cash Flows) and IFRS 1 (First-time Adoption of International Financial Reporting Standards).
How long does the masterclass last?
The Master Class comprises 24 hours: around 18 hours of self-study and 6 hours of joint video conferences, during which the material learned will be consolidated and questions clarified.
How does the Master Class work?
The Master Class is divided into several modules. Each module combines theoretical foundations with practical examples. Between modules, you will work through the content at your own pace, and it will be deepened in video conferences. The course concludes with cross-cutting case studies.
What prior knowledge do I need?
Basic accounting knowledge is sufficient. The Master Class begins with the Conceptual Framework and systematically builds IFRS knowledge.
Who is leading the Master Class?
Oliver Köster, auditor with 30 years of experience in financial reporting. He worked in Audit & Assurance at a Big Four firm and holds teaching appointments at the University of Zurich and Worms University of Applied Sciences.
What certificate will I receive?
Upon completion, you will receive a certificate from the vE Finance Excellence Academy. The certificates will be issued as secure online certificates (NFTs) and will therefore be verifiable at any time.
Can my employer book the Master Class?
Yes. For corporate bookings, invoicing the employer, and bespoke training, there is a special offer for business clients.