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IFRS Financial Statements

Correct draft accounts standard by standard and rebuild the statements.

3 Levels30 Case StudiesIFRS Standards6 Months Access

Many students learn IFRS one standard at a time but never correct a full set of draft accounts. This simulator practises that adjustment work end to end.

A simulator for IFRS reporting. Each case starts from draft financial statements; you post one correcting entry per standard and rebuild the profit reconciliation, profit or loss, OCI and the statement of financial position, with the Ind AS and US GAAP position alongside.

Who It Is For

  • Finance and reporting staff
  • ACCA, CA and CMA students studying IFRS
  • Auditors who review IFRS accounts

Skills You Build

Standard-by-Standard AdjustmentsCorrecting Journal EntriesProfit ReconciliationStatement of Financial PositionOCI ItemsInd AS and US GAAP Differences
Sample screen
Sample screen

What You Learn

BasicInventories (IAS 2), property and depreciation (IAS 16), intangibles (IAS 38), revenue bundles (IFRS 15) and provisions (IAS 37).
IntermediateLeases (IFRS 16), expected credit losses (IFRS 9), goodwill impairment (IAS 36) and deferred tax (IAS 12).
AdvancedForeign currency (IAS 21), loans at amortised cost, defined benefit pensions (IAS 19), decommissioning and revaluation through OCI.

What You Get

  • Guided Walkthrough: Every number moves from its source document to its line, step by step, with the rule and the maths. Auto-Play and narration included.
  • Your Own Numbers: 10 case studies per level. Each student gets unique figures, and New Version gives fresh numbers whenever you want to practise again.
  • Practice Mode: Blank lines to fill in yourself. Check My Answers shows what matches and hints at the rest.
  • Answer Sheet: Every correct value with its working, grouped by form or workpaper.
  • Scope and Assumptions: Each form lists what is included, excluded and assumed, so you know exactly what you are learning.
  • Presenter Mode: Large, clean screens for classrooms and team sessions.

Plans and Prices

Free Demo

₹0
  • One fixed-number case per level
  • Full guided walkthrough
Try the Demo

Basic

₹2,999 ₹2,499$24.99
Save ₹500
  • 10 Basic case studies
  • Walkthrough, practice and answer sheets

Intermediate

₹3,999 ₹3,299$32.99
Save ₹700
  • 10 Intermediate case studies
  • Walkthrough, practice and answer sheets

Advanced

₹4,499 ₹3,999$39.99
Save ₹500
  • 10 Advanced case studies
  • Walkthrough, practice and answer sheets

Complete BundleBest Value

₹11,449 ₹6,999$69.99
Save ₹4,450
₹9,797 if bought separately
  • All three levels: 30 case studies
  • Every form and workpaper in the lab

Already enrolled? Log in, then open your level: Basic · Intermediate · Advanced.

6 months of access. Secure Razorpay checkout: pay in Indian rupees, or in US dollars if you are outside India (choose at checkout).

FAQs

Does it compare with Ind AS?

Yes. Each step has an Ind AS and US GAAP card next to the IFRS rule.

What currency are the cases in?

Currency units in thousands (CU000), as in many IFRS exam questions.

Will the statements balance?

Yes. After your entries the statement of financial position is rebuilt and checked.

How do I subscribe?

Choose a plan above and press Buy Now. Enter your name, login email and WhatsApp, pay on Razorpay, then activate on the Thank You page with your Payment ID. Teams of 10+ can ask for a team licence.

What do I need?

A current browser (Chrome, Edge, Safari or Firefox) and internet. A laptop works best for simulators. One login, up to 2 of your own devices.

How long is access?

6 months from activation. Refunds within 7 days (bundles as a whole).

Questions? WhatsApp us or see the FAQs. What each form covers: Scope & Assumptions.

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6 months of access. Your login works on up to 2 of your own devices. By paying you agree to the Terms and Refund Policy.