What does the International Financial Reporting Standards (IFRS) course cover?
International Financial Reporting Standards (IFRS) is covered here in 20 modules: Introduction to IFRS: History of IFRS, Overview of IFRS, Financial Statements: Notes to the, Cash flow statement, Revenue Recognition and 17 more. The outline lists 67 specific topics, opening with Overview of IFRS and closing with events after the reporting period case studies.
How do you approach International Financial Reporting Standards (IFRS) step by step?
The work is sequenced in 20 stages. It starts with Introduction to IFRS: History of IFRS, Overview of IFRS, moves through Financial Statements: Notes to the, Cash flow statement and Revenue Recognition, and ends at Events After the Reporting Period: Recognition and measurement, Disclosure and presentation. Each stage carries its own topic list, so the sequence is followed rather than summarised.
What is in Module 1 of the International Financial Reporting Standards (IFRS) course?
Module 1 is Introduction to IFRS: History of IFRS, Overview of IFRS. It works through Overview of IFRS, History of IFRS, key principles of IFRS and 1 more. It sets the vocabulary the remaining 19 modules build on.
How is the International Financial Reporting Standards (IFRS) course delivered?
The International Financial Reporting Standards (IFRS) course is fully self-paced with immediate online access after enrolment. Access does not expire and future updates are included at no cost. It can be taken on any device, and a certificate of completion is issued by The Art of Service when you finish.
How much does the International Financial Reporting Standards (IFRS) course cost?
The International Financial Reporting Standards (IFRS) course is $199 as a one time payment. There is no subscription, no per seat licence and no hidden fee. Enrolment carries a 30 day satisfied or refunded guarantee, so it can be assessed in full before you commit.
Closely related courses: IFRS Standards in Asset Management Kit, IFRS Standards, International Standards and Manufacturing Readiness Level, International Standards and Regulatory Information.
More answers: what you get with every course, refund policy, all help answers.
Mastering International Financial Reporting Standards (IFRS): A Comprehensive Guide
Course Overview
This comprehensive course is designed to provide participants with a deep understanding of International Financial Reporting Standards (IFRS) and their practical application in real-world scenarios. Participants will receive a certificate upon completion, issued by The Art of Service.Course Features
- Interactive: Engage with expert instructors and peers through interactive discussions and activities.
- Engaging: Learn through real-world examples, case studies, and hands-on projects.
- Comprehensive: Cover all aspects of IFRS, from basic principles to advanced applications.
- Personalized: Receive personalized feedback and support from expert instructors.
- Up-to-date: Stay current with the latest developments and updates in IFRS.
- Practical: Apply theoretical knowledge to real-world scenarios and case studies.
- Real-world applications: Learn from real-world examples and case studies.
- High-quality content: Access high-quality course materials, including video lectures, readings, and resources.
- Expert instructors: Learn from experienced instructors with expertise in IFRS.
- Certification: Receive a certificate upon completion, issued by The Art of Service.
- Flexible learning: Access course materials at any time, from any device.
- User-friendly: Navigate the course platform with ease, using a user-friendly interface.
- Mobile-accessible: Access course materials on-the-go, using a mobile device.
- Community-driven: Connect with peers and instructors through a community forum.
- Actionable insights: Apply theoretical knowledge to real-world scenarios, using actionable insights.
- Hands-on projects: Complete hands-on projects to apply theoretical knowledge.
- Bite-sized lessons: Learn in bite-sized chunks, using short video lectures and readings.
- Lifetime access: Access course materials for life, with no expiration date.
- Gamification: Engage with the course through gamification elements, such as quizzes and challenges.
- Progress tracking: Track progress through the course, using a progress bar.
Course Outline
Module 1. Introduction to IFRS: History of IFRS, Overview of IFRS
- Overview of IFRS
- History of IFRS
- Key principles of IFRS
- IFRS vs. US GAAP
Module 2. Financial Statements: Notes to the, Cash flow statement
- Balance sheet
- Income statement
- Cash flow statement
- Notes to the financial statements
Module 3: Revenue Recognition
- Revenue recognition principles
- Revenue recognition criteria
- Revenue recognition examples
- Revenue recognition case studies
Module 4. Property, Plant, and Equipment: Disposal and derecognition, Recognition and measurement
- Recognition and measurement
- Depreciation and impairment
- Disposal and derecognition
- Property, plant, and equipment case studies
Module 5. Intangible Assets: Disposal and derecognition, Recognition and measurement
- Recognition and measurement
- Amortization and impairment
- Disposal and derecognition
- Intangible assets case studies
Module 6. Leases: Lease case studies, Lease recognition and measurement
- Lease classification
- Lease recognition and measurement
- Lease disclosure
- Lease case studies
Module 7. Financial Instruments: Hedging and derivatives, Recognition and measurement
- Recognition and measurement
- Impairment and derecognition
- Hedging and derivatives
- Financial instruments case studies
Module 8. Provisions and Contingencies: Recognition and measurement, Disclosure and presentation
- Recognition and measurement
- Disclosure and presentation
- Provisions and contingencies case studies
Module 9. Income Taxes: Tax losses and credits, Income tax case studies
- Recognition and measurement
- Tax losses and credits
- Income tax case studies
Module 10. Employee Benefits: Recognition and measurement, Pension plans and other benefits
- Recognition and measurement
- Pension plans and other benefits
- Employee benefits case studies
Module 11. Share-Based Payment: Recognition and measurement, Vesting conditions and forfeitures
- Recognition and measurement
- Vesting conditions and forfeitures
- Share-based payment case studies
Module 12. Business Combinations: Recognition and measurement, Goodwill and intangible assets
- Recognition and measurement
- Goodwill and intangible assets
- Business combinations case studies
Module 13: Consolidated Financial Statements
- Recognition and measurement
- Consolidation procedures
- Consolidated financial statements case studies
Module 14. Foreign Currency Transactions: Recognition and measurement, Translation and remeasurement
- Recognition and measurement
- Translation and remeasurement
- Foreign currency transactions case studies
Module 15. Financial Reporting in Hyperinflationary Economies: Recognition and measurement
- Recognition and measurement
- Restatement of financial statements
- Financial reporting in hyperinflationary economies case studies
Module 16. Interim Financial Reporting: Recognition and measurement, Disclosure and presentation
- Recognition and measurement
- Disclosure and presentation
- Interim financial reporting case studies
Module 17. Segment Reporting: Recognition and measurement, Disclosure and presentation
- Recognition and measurement
- Disclosure and presentation
- Segment reporting case studies
Module 18. Earnings Per Share: Recognition and measurement, Disclosure and presentation
- Recognition and measurement
- Disclosure and presentation
- Earnings per share case studies
Module 19. Accounting Policies, Changes in Accounting Estimates, and Errors: Recognition and measurement
- Recognition and measurement
- Disclosure and presentation
- Accounting policies, changes in accounting estimates, and errors case studies
Module 20. Events After the Reporting Period: Recognition and measurement, Disclosure and presentation
- Recognition and measurement
- Disclosure and presentation
- Events after the reporting period case studies