This course provides an intensive overview of the most commonly used international accounting standards. Case studies and practical examples are included so you'll be empowered to assess the impact of the application of the principles within your organisation.
Description
This course provides an intensive overview of the most commonly used international accounting standards. Case studies and practical examples are included so you'll be empowered to assess the impact of the application of the principles within your organisation.
Throughout the course you can also view videos explaining the concepts, available in MYOL.
The Accounting Standards explained in further detail in this course are:
- IAS 1 Presentation of Financial Statements
- IAS 7 Statement of Cash Flows
- IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors
- IFRS 13 Fair Value Measurement
- IAS 2 Inventories
- IAS 40 Investment Property
- IAS 16 Property, Plant and Equipment
- IAS 38 Intangible Assets
- IAS 36 Impairment of Assets
- IAS 23 Borrowing Costs
- IFRS 5 Non-Current Assets Held for Sale and Discontinued Operations
- IFRS 15 Revenue from Contracts with Customers
- IFRS 16 Leases
- IAS 19 Employee Benefits
- IAS 37 Provisions, Contingent Liabilities and Contingent Assets
- IAS 12 Income Taxes
- Financial Instruments:
- IAS 32 Financial Instruments: Presentation
- IFRS 9 Financial Instruments
- IFRS 7 Financial Instruments: Disclosure
- IAS 24 Related Party Disclosures
- IAS 10 Events after Reporting Date
- IAS 41 Agriculture
- IFRS 8 Operating Segments
- IAS 33 Earnings per Share
- IAS 20 Accounting for Government Grants and Disclosure of Government Assistance (for profit entities only)
- IAS 34 Interim Financial Reporting
- IAS 21 The Effects of Changes in Foreign Exchange Rates
- IAS 28 Investments in Associate
Note: References to International Accounting Standards in this manual include both International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs).
This course consists of one online course including video resources and one online assessment.
Learning objectives
- Identify the major accounting principles and disclosure requirements of a number of important International Accounting Standards
- Apply the principles learned throughout the course in a practical setting
- Calculate relevant amounts for inclusion in the financial statements, observing the principles contained in the International Accounting Standards
Audience
This course is designed for accountants who are involved in reporting, particularly in the application of accounting standards.