What does the International Financial Reporting Standards (IFRS) course cover?
International Financial Reporting Standards (IFRS) is covered here in 15 modules: Introduction to IFRS: History and development of IFRS, Overview of IFRS and its importance, Financial Statements: Notes to the, Balance sheet: structure and content, Revenue Recognition: Determining the transaction price and 12 more.
How do you approach International Financial Reporting Standards (IFRS) step by step?
The work is sequenced in 15 stages. It starts with Introduction to IFRS: History and development of IFRS, Overview of IFRS and its importance, moves through Financial Statements: Notes to the, Balance sheet: structure and content and Revenue Recognition: Determining the transaction price, and ends at Financial Reporting in Hyperinflationary Economies: Disclosure requirements for.
What is in Module 1 of the International Financial Reporting Standards (IFRS) course?
Module 1 is Introduction to IFRS: History and development of IFRS, Overview of IFRS and its importance. It works through Overview of IFRS and its importance, History and development of IFRS, key principles and concepts of IFRS and 1 more. It sets the vocabulary the remaining 14 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 Step-by-Step Guide
Course Overview
This comprehensive course is designed to provide participants with a thorough understanding of International Financial Reporting Standards (IFRS). The course is interactive, engaging, and personalized, with real-world applications and high-quality content. Participants will receive a certificate upon completion, issued by The Art of Service.Course Features
- Interactive and engaging content
- Comprehensive and personalized learning experience
- Up-to-date and practical information
- Real-world applications and case studies
- High-quality content and expert instructors
- Certificate upon completion, issued by The Art of Service
- Flexible learning and user-friendly interface
- Mobile-accessible and community-driven
- Actionable insights and hands-on projects
- Bite-sized lessons and lifetime access
- Gamification and progress tracking
Course Outline
Module 1. Introduction to IFRS: History and development of IFRS, Overview of IFRS and its importance
- Overview of IFRS and its importance
- History and development of IFRS
- Key principles and concepts of IFRS
- IFRS vs. US GAAP: similarities and differences
Module 2. Financial Statements: Notes to the, Balance sheet: structure and content
- Balance sheet: structure and content
- Income statement: structure and content
- Cash flow statement: structure and content
- Notes to the financial statements
Module 3. Revenue Recognition: Determining the transaction price
- Revenue recognition principles
- Identifying and satisfying performance obligations
- Determining the transaction price
- Allocating the transaction price to performance obligations
Module 4. Property, Plant, and Equipment (PP&E): Disposal of PP&E, Recognition and measurement of PP&E
- Recognition and measurement of PP&E
- Depreciation and impairment of PP&E
- Disposal of PP&E
Module 5. Intangible Assets: Recognition and measurement of, Amortization and impairment of
- Recognition and measurement of intangible assets
- Amortization and impairment of intangible assets
- Disposal of intangible assets
Module 6. Leases: Lease modifications and terminations, Lessee accounting: recognition and measurement
- Lessee accounting: recognition and measurement
- Lessor accounting: recognition and measurement
- Lease modifications and terminations
Module 7. Financial Instruments: Recognition and measurement of, Classification and measurement of
- Recognition and measurement of financial instruments
- Classification and measurement of financial instruments
- Impairment of financial instruments
Module 8. Provisions and Contingencies: Disclosure requirements for
- Recognition and measurement of provisions
- Recognition and measurement of contingencies
- Disclosure requirements for provisions and contingencies
Module 9. Income Taxes: Tax losses and credits, Recognition and measurement of
- Recognition and measurement of income taxes
- Deferred tax assets and liabilities
- Tax losses and credits
Module 10. Employee Benefits: Short-term and long-term, Recognition and measurement of
- Recognition and measurement of employee benefits
- Short-term and long-term employee benefits
- Post-employment benefits
Module 11. Share-Based Payments: Disclosure requirements for, Recognition and measurement of
- Recognition and measurement of share-based payments
- Equity-settled and cash-settled share-based payments
- Disclosure requirements for share-based payments
Module 12. Business Combinations: Disclosure requirements for, Recognition and measurement of
- Recognition and measurement of business combinations
- Acquisition method and accounting for goodwill
- Disclosure requirements for business combinations
Module 13. Consolidated Financial Statements: Disclosure requirements for
- Recognition and measurement of consolidated financial statements
- Consolidation procedures and accounting for subsidiaries
- Disclosure requirements for consolidated financial statements
Module 14. Foreign Currency Transactions: Disclosure requirements for, Recognition and measurement of
- Recognition and measurement of foreign currency transactions
- Translation of financial statements
- Disclosure requirements for foreign currency transactions
Module 15. Financial Reporting in Hyperinflationary Economies: Disclosure requirements for
- Recognition and measurement of financial reporting in hyperinflationary economies
- Restatement of financial statements
- Disclosure requirements for financial reporting in hyperinflationary economies