IFRS Overview Updates

This course will give you an understanding of the recent issues and accounting standards which are part of International Financial Reporting Standards (IFRS) reporting. As companies enter into arrangements with their global counterparts, an understanding of IFRS has become increasingly important.
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  • Fee: $300
  • CPD: 8 Hours
  • Subject: Accounting
  • Language: English
  • Difficulty: Intermediate
  • Platform: Zoom

Course description

The purpose of this course is to explain the rules which govern the
preparation of financial statements for organisations which comply
with international standards.

 

What you'll learn

  • List the main sources of accounting regulations and explain the need for regulation
  • Explain the term “generally accepted accounting practice” (GAAP)
  • Outline the structure and functions of the International Accounting Standards Board (IASB®) and its associated bodies
  • Explain the purpose of an accounting standard and list the main steps in the standard-setting process adopted by the IASB
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