Shipping Accounting and IFRS Training Course

Name: Shipping Accounting and IFRS for Vessels and Charters Training Course
Availability: InStock

Apply IFRS to vessel assets, charter arrangements, voyage revenue, dry-docking, impairment and shipping financial statements.

Shipping Accounting and IFRS Training Course

At a glance

Duration: 1 Week
Format: Classroom
Cities: Cairo, Zanzibar, Istanbul, Chicago, Baku, London and more
Next session: 9 – 13 November 2026, Cairo
Average fee: 5,750 €

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Shipping Accounting and IFRS for Vessels and Charters Training Course

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Overview

Shipping Accounting and IFRS for Vessels and Charters Training Course is a one-week intermediate course for shipping accountants, finance managers, vessel operators, maritime controllers and auditors. Participants build a Shipping Accounting Policy and Journal Entry Pack for vessel assets, charter arrangements, voyage revenue, dry-docking, impairment, foreign currency and financial statements. The course connects IFRS requirements with transaction evidence and operating decisions in shipowning and carrier businesses. Agile Leaders Training Center presents shipping accounting and IFRS application.

Who Should Attend

Finance teams responsible for recording vessel, voyage and charter transactions
Financial reporting teams responsible for IFRS policies and disclosures
Marine operations teams that provide accounting inputs and supporting evidence
Internal audit teams that test shipping balances and transaction controls
External reporting advisers who review shipping-company financial statements

The course assumes participants can prepare journal entries and read financial statements; it leaves out introductory bookkeeping and tax-law interpretation.

Departments and Industries

The course supports finance and assurance work across maritime transport and asset-intensive services.

Shipowning, ship management and maritime carrier finance
Port, terminal and marine logistics accounting
Offshore service and vessel-operating control teams
Banking and leasing teams reviewing vessel transactions
Audit and advisory teams serving transport and logistics entities

Learning Objectives

By the end of this course, participants will be able to:

Apply IFRS recognition principles to shipping contracts and voyage revenue.
Build vessel component, depreciation and dry-docking accounting schedules.
Analyze charter arrangements for lease and service components.
Evaluate vessel impairment, provisions and foreign-currency effects.
Use audit evidence to support journal entries and disclosures.
Build a shipping accounting policy and journal entry pack.

Course Agenda

Day 1: Map Shipping Transactions and Policies

Shipping Business Model and Transaction-Flow Map
Voyage, Time-Charter and Bareboat Contract Classification Matrix
Chart of Accounts for Vessel, Voyage and Charter Activity
Functional Currency and Foreign-Currency Transaction Method
Shipping Accounting Policy and Evidence Register

Day 2: Account for Vessel Assets and Dry-Docking

IAS 16 Vessel Cost and Component Identification Schedule
Borrowing Cost and Construction Expenditure Review
Residual Value, Useful Life and Depreciation Model
Dry-Docking Component Capitalization and Derecognition Worksheet
Repair, Maintenance and Capital Expenditure Decision Tree

Day 3: Recognize Voyage and Charter Revenue

IFRS 15 Shipping Contract and Customer Assessment
Performance Obligation and Transaction Price Allocation Matrix
Voyage Revenue and Progress Measurement Schedule
Freight, Demurrage and Dispatch Accounting Journal
Contract Asset, Receivable and Liability Reconciliation

Day 4: Measure Leases, Impairment and Provisions

IFRS 16 Charter Lease and Service Component Assessment
Right-of-Use Asset and Lease Liability Measurement Schedule
IAS 36 Vessel Cash-Generating Unit and Impairment Model
Provision, Contingency and Claim Recognition Checklist
Financial Statement Disclosure and Audit Evidence File

Day 5: Practice Shipping Accounting Decisions

Exercise: Classify a Mixed Fleet Contract Portfolio
Exercise: Build a Vessel Component and Dry-Docking Schedule
Exercise: Record Voyage Revenue and Charter Entries
Exercise: Evaluate Vessel Impairment and Disclosure Evidence
Capstone Exercise: Complete the Shipping Accounting Policy and Journal Entry Pack

Practical Exercises

The course uses suggested activities based on shipping and asset-finance cases.

Suggested activity: trace source documents from a voyage file into revenue entries and reconciliations.
Suggested activity: separate vessel components and prepare a dry-docking accounting schedule.
Suggested activity: assess a charter contract for lease and service elements.
Suggested activity: assemble impairment evidence, journal entries and financial statement disclosures.

FAQs

Who suits the Shipping Accounting and IFRS course, and what does it assume?

The course suits finance, operations and audit personnel handling shipping transactions. It assumes working knowledge of journal entries and financial statements, while introducing the shipping-specific judgments needed for vessels, voyages and charters.

How does Shipping Accounting and IFRS differ from a general IFRS course?

Shipping Accounting and IFRS focuses on vessel components, dry-docking, voyage revenue, charter arrangements, impairment and maritime evidence rather than surveying standards across unrelated industries.

How is voyage revenue treated in shipping accounting?

Voyage revenue treatment starts with the contract, customer, performance obligations, transaction price and progress toward satisfaction. The accounting conclusion must reflect the facts and documented policy for the shipping arrangement.

How are dry-docking costs handled in vessel accounting?

Dry-docking costs require analysis of the vessel component, recognition criteria, useful life and derecognition of the replaced component. Routine repairs remain distinct from expenditure that qualifies for capitalization.

When does a charter fall within IFRS 16?

A charter requires assessment of whether it conveys the right to control the use of an identified asset. Service elements and the contract facts must be evaluated before measurement and journal entries are prepared.

Conclusion

Participants take back a Shipping Accounting Policy and Journal Entry Pack containing transaction maps, decision tools, schedules, entries and evidence requirements. The pack aligns finance and marine operations around consistent treatments. It also supports review of vessel, voyage and charter balances before reporting and audit.

credits: 5 credit per day

Course Mode: full-time

Provider: Agile Leaders Training Center

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Showing 21-40 of 76 events

Location	Dates	Duration	Mode	Price
Geneva	Week 06, 2027 14 – 18 February 2027	1 Week	Onsite	€6,200
Vienna	Week 07, 2027 15 – 19 February 2027	1 Week	Onsite	€5,700
Dubai	Week 08, 2027 22 – 26 February 2027	1 Week	Onsite	€4,500
Johannesburg	Week 09, 2027 7 – 11 March 2027	1 Week	Onsite	€4,500
Paris	Week 11, 2027 15 – 19 March 2027	1 Week	Onsite	€5,700
Singapore	Week 12, 2027 22 – 26 March 2027	1 Week	Onsite	€5,700
Istanbul	Week 13, 2027 29 March – 2 April 2027	1 Week	Onsite	€4,500
Porto	Week 13, 2027 29 March – 2 April 2027	1 Week	Onsite	€5,700
Zoom	Week 14, 2027 5 – 9 April 2027	1 Week	Online	€1,500
Munich	Week 14, 2027 5 – 9 April 2027	1 Week	Onsite	€5,700
Barcelona	Week 15, 2027 12 – 16 April 2027	1 Week	Onsite	€5,700
Lisbon	Week 15, 2027 12 – 16 April 2027	1 Week	Onsite	€5,700
London	Week 16, 2027 19 – 23 April 2027	1 Week	Onsite	€5,700
Nice	Week 16, 2027 19 – 23 April 2027	1 Week	Onsite	€5,700
Abu Dhabi	Week 17, 2027 26 – 30 April 2027	1 Week	Onsite	€4,700
Bali	Week 17, 2027 2 – 6 May 2027	1 Week	Onsite	€5,700
Dubai	Week 18, 2027 3 – 7 May 2027	1 Week	Onsite	€4,500
Milan	Week 19, 2027 10 – 14 May 2027	1 Week	Onsite	€5,700
Addis Ababa	Week 19, 2027 10 – 14 May 2027	1 Week	Onsite	€4,500
Madrid	Week 20, 2027 17 – 21 May 2027	1 Week	Onsite	€5,700

Frequently asked questions

What does this course cover?

OverviewShipping Accounting and IFRS for Vessels and Charters Training Course is a one-week intermediate course for shipping accountants, finance managers, vessel operators, maritime controllers and auditors. Participants build a Shipping Accounting Policy and Journal Entry Pack for vessel assets, charter arrangements, voyage revenue, dry-docking, impairm…

Are training dates available?

Yes. Available dates and destinations are listed in the course dates section on this page.

How can I register?

Choose an available date on this page and complete the registration form, or send a programme enquiry.

Can I download the course brochure?

Yes. Use the brochure download link provided on this page.

Shipping Accounting and IFRS Training Course