IFRS In-Depth: Presentation of IFRS Financial Statements ON DEMAND

Overview

This course provides a “deep dive” into the principles governing the presentation of financial statements under IFRS. This includes a review of the IASB’s Framework, which addresses the concepts underlying the information presented in IFRS financial statements. It also includes detailed discussions of the IAS 1 Presentation of Financial Statements and IAS 7 Statement of Cash Flows. Finally, this course provides an in-depth look at the joint IASB/FASB project that will result in sweeping changes to financial statement presentation in the near future.

Highlights

IFRS Financial Statements. Introduction to IAS. IASB and FASB Joint Project.

Prerequisites

None.

Designed For

CPAs and other business and finance professionals.

Objectives

Identify financial reports that are within the scope of the IASB Framework. Recognize practices that are consistent with the underlying assumptions and qualitative characteristics of financial statements prepared in accordance with the IASB Framework. Describe the characteristics of general purpose financial statements required under IFRS. Identify and classify the various elements of IFRS financial statements. Describe the IASB/FASB joint project on financial statement presentation and its impact on financial reporting.

Preparation

None.

Notice

None.