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
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.
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
This course is designed for accountants who are involved in reporting, particularly in the application of accounting standards.