Certified Specialist Programme in IFRS for Small Businesses

Tuesday, 26 August 2025 23:00:47

International applicants and their qualifications are accepted

Start Now     Viewbook

Overview

Overview

```html

IFRS for Small Businesses certification equips you with essential accounting knowledge.


This programme focuses on financial reporting standards specifically designed for small and medium-sized enterprises (SMEs).


Learn to prepare accurate and compliant financial statements. Understand key IFRS for SMEs concepts, including revenue recognition and inventory.


The Certified Specialist Programme in IFRS for Small Businesses benefits accountants, business owners, and finance professionals working with SMEs.


Gain a competitive edge. Enhance your career prospects.


Improve your financial reporting skills. Master IFRS for Small Businesses today.


Explore the programme now and unlock your potential!

```

IFRS for Small Businesses Certified Specialist Programme equips you with the essential accounting knowledge to navigate the complexities of International Financial Reporting Standards (IFRS) tailored for SMEs. Gain a competitive edge in a growing market, boosting your career prospects in accounting, finance, and auditing. This comprehensive programme features interactive learning, real-world case studies, and expert-led sessions, ensuring you master IFRS standards and best practices. Achieve professional certification, enhancing your CV and opening doors to exciting career opportunities. Unlock your potential with this unique and practical IFRS training.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

• Understanding the IFRS for SMEs Standard
• Financial Statements under IFRS for SMEs: Preparation and Presentation
• Revenue Recognition under IFRS for SMEs
• Inventories and Property, Plant, and Equipment (PPE) under IFRS for SMEs
• Borrowing Costs and Leases under IFRS for SMEs
• Impairment of Assets under IFRS for SMEs
• Share-Based Payment and Related Party Disclosures under IFRS for SMEs
• IFRS for SMEs compared to other accounting standards (Comparative Analysis)

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:

1 month (Fast-track mode): 140
2 months (Standard mode): 90

Our course fee is up to 40% cheaper than most universities and colleges.

Start Now

Awarding body

The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

Start Now

  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
  • Start Now

Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Career Role (IFRS for Small Businesses) Description
Accountant (IFRS SME) Prepares and analyses financial statements for small businesses, ensuring compliance with IFRS for SMEs. High demand in diverse industries.
Financial Controller (IFRS SME Expertise) Oversees all financial operations, including IFRS for SMEs reporting, budgeting, and forecasting for small and medium-sized enterprises.
Auditing Specialist (IFRS for Small Businesses) Conducts audits of small businesses focusing on IFRS for SMEs compliance and internal controls. A critical role in ensuring financial integrity.
Financial Analyst (IFRS SME Focus) Provides financial analysis and reporting to small businesses, utilizing IFRS for SMEs standards for accurate decision-making. Growing demand in entrepreneurial sectors.

Key facts about Certified Specialist Programme in IFRS for Small Businesses

```html

The Certified Specialist Programme in IFRS for Small Businesses equips participants with a comprehensive understanding of International Financial Reporting Standards (IFRS) tailored specifically for small and medium-sized enterprises (SMEs). This crucial program ensures participants can accurately prepare and interpret financial statements in line with global best practices.


Learning outcomes include mastering the core principles of IFRS, applying them to practical scenarios common in small businesses, and developing skills in financial statement analysis. Participants gain proficiency in areas like revenue recognition, inventory accounting, and financial reporting for SMEs under IFRS, improving their overall financial literacy.


The program duration is typically flexible and can be completed at your own pace, often ranging from several weeks to a few months, depending on the chosen learning modality. Self-paced online options and instructor-led classroom training are generally available, accommodating various learning styles and schedules.


The Certified Specialist Programme in IFRS for Small Businesses holds significant industry relevance. Graduates are better equipped to manage financial operations effectively, attract investors, secure loans, and make informed business decisions based on sound financial data. This certification demonstrates a commitment to accounting best practices, enhancing career prospects and professional credibility.


This program is particularly valuable for accountants, bookkeepers, finance professionals, and small business owners seeking to enhance their financial management capabilities within the framework of IFRS for SMEs. It bridges the gap between theoretical knowledge and practical application, fostering confidence and competence in handling financial reporting. The program provides a strong foundation for managing the financial health of any small or medium-sized business.

```

Why this course?

Year Number of UK SMEs
2021 5.5 million
2022 5.6 million

The Certified Specialist Programme in IFRS for Small Businesses is increasingly significant in the UK's dynamic market. With over 5.6 million SMEs operating in the UK in 2022, accurate financial reporting is paramount. The programme equips professionals with the essential knowledge of IFRS standards tailored specifically for smaller entities, addressing the unique challenges they face. This is crucial for attracting investment, securing loans, and ensuring compliance. A strong understanding of IFRS, as delivered through this programme, becomes a competitive advantage, allowing businesses to make informed financial decisions and enhance their overall operational efficiency. The increasing complexity of global markets and the ever-growing demand for transparency further underlines the importance of this qualification for individuals and businesses alike. Gaining a Certified Specialist designation provides a demonstrable commitment to best practices and strengthens credibility within the industry.

Who should enrol in Certified Specialist Programme in IFRS for Small Businesses?

Ideal Audience for the Certified Specialist Programme in IFRS for Small Businesses
The Certified Specialist Programme in IFRS for Small Businesses is perfect for finance professionals in SMEs (Small and Medium-sized Enterprises), accounting for roughly 99.9% of UK businesses. This program equips you with practical IFRS knowledge essential for accurate financial reporting and compliance. Are you an accountant, bookkeeper, or business owner grappling with financial statement preparation and audit requirements? Perhaps you are seeking a career advancement opportunity or need to enhance your IFRS expertise to better serve your clients. This programme is designed to cater to individuals who desire a comprehensive understanding of IFRS standards tailored specifically to the needs of smaller businesses. It streamlines the learning process, focusing on the most relevant aspects of IFRS accounting for SMEs while boosting your professional credentials.