Global Certificate Restaurant Finance: International Financial Reporting Standards for Restaurants

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The Global Certificate in Restaurant Finance: International Financial Reporting Standards (IFRS) for Restaurants is a comprehensive course designed to provide learners with a deep understanding of financial reporting standards specific to the restaurant industry. This course highlights the importance of IFRS in making informed financial decisions and creating a global uniformity in financial reporting.

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About this course

In today's highly competitive and globalized restaurant industry, there is an increasing demand for finance professionals who are well-versed in IFRS. This course equips learners with the essential skills to navigate the complexities of financial reporting, allowing them to excel in their careers and contribute to the success of their organizations. By the end of this course, learners will have gained a solid understanding of IFRS and its application in the restaurant industry, enabling them to make informed financial decisions and communicate financial information effectively. This will ultimately lead to increased career advancement opportunities and improved financial performance for their organizations.

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Course Details

International Financial Reporting Standards (IFRS) Overview: Understanding IFRS, its relevance, and how it differs from other financial reporting frameworks. • Financial Statements Preparation: Learning to prepare income statements, balance sheets, and cash flow statements in accordance with IFRS. • Restaurant Industry Accounting: Recording and reporting revenue, expenses, assets, and liabilities specific to the restaurant industry. • Leases and IFRS 16: Applying IFRS 16 lease accounting standards to restaurant lease agreements. • Revenue Recognition (IFRS 15): Understanding revenue recognition principles and implementing IFRS 15 in restaurant operations. • Employee Benefits and Provisions (IFRS 19): Addressing employee benefits, compensation, and related provisions under IFRS 19. • Impairment of Assets (IFRS 9): Identifying and accounting for impaired assets under IFRS 9. • Financial Instruments (IFRS 7): Managing and reporting financial instruments in compliance with IFRS 7.

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Global Certificate Restaurant Finance: International Financial Reporting Standards for Restaurants

Entry Requirements

  • Basic understanding of the subject matter
  • Proficiency in English language
  • Computer and internet access
  • Basic computer skills
  • Dedication to complete the course

No prior formal qualifications required. Course designed for accessibility.

Course Status

This course provides practical knowledge and skills for professional development. It is:

  • Not accredited by a recognized body
  • Not regulated by an authorized institution
  • Complementary to formal qualifications

You'll receive a certificate of completion upon successfully finishing the course.

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GLOBAL CERTIFICATE RESTAURANT FINANCE: INTERNATIONAL FINANCIAL REPORTING STANDARDS FOR RESTAURANTS
is awarded to
Learner Name
who has completed a programme at
London School of International Business (LSIB)
Awarded on
05 May 2025
Blockchain Id: s-1-a-2-m-3-p-4-l-5-e
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