IFRS® Certificate Program

Competing in today's global business environment

Many of the world's largest capital markets require or permit the use of International Financial Reporting Standards®.

Whatever your location, you could easily find yourself with a client subject to IFRS requirements.

Understanding IFRS requirements will help you better assist clients subject to these standards and enable you to compete effectively in the modern business world.

Practical learning to enhance your comprehension

Interactive learning elements and real-life examples in this program will help you implement the key concepts you learn throughout the courses.

The real-world case studies will allow you to practice what you learn and apply your knowledge of IFRS requirements to various scenarios.

Who Will Benefit

• Accounting and finance professionals who work for private or public multinational organizations that have adopted IFRS Standards.
• Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS Standards.

Key Topics

• Purpose and scope of IFRS Standards
• Underlying concepts and principles of IFRS Standards
• Accounting treatment under IFRS Standards
• Presentation and disclosure requirements
• Comparison to U.S. generally accepted accounting principles (GAAP)

Learning Objectives

• Recognize the underlying concepts and principles of IFRS Standards.
• Identify the required format and content of a complete set of financial statements, including required footnote disclosures
• Identify the presentation and disclosure requirements of a statement of cash flows, including the proper classification of operating, financing, and investing activities.
• Indicate and apply the requirements of new standards on revenue recognition (IFRS 15) and leases (IFRS 16).
• Identify the classification, recognition, measurement, and disclosure of common financial statement assets and liabilities.
• Identify and account for an impairment loss with respect to a nonfinancial asset.
• Recall required disclosures for related parties and events after the reporting period.
• Recognize the accounting treatment applied to share-based payments and employee benefits.
• Recall accounting requirements for business combinations, joint arrangements, and investments in associates.
• Identify and calculate tax amounts to be recognized in the financial statements.
• Recall the accounting requirements applicable to entities that transact in or keep accounting records in foreign currency.
• Indicate how to measure fair value when required by IFRS standards.

Program Completion

You have 12 months from the date of purchase to complete the entire program. Those who successfully complete this program will receive a digital badge to showcase their new skills on their online professional social networks.

Given the regular issuance of new accounting standards by the International Accounting Standards Board (IASB), this badge expires 2 years from the date of issuance.

Note: This bundle includes basic and intermediate courses. Please review each course description to ensure the program level is appropriate for you.

Courses include the following:

• IFRS®: The Conceptual Framework for Financial Reporting and Fair Value Measurement (IFRS 13)
• IFRS®: Presentation of Financial Statements (IAS 1), Events After the Reporting Period (IAS 10), and Presentation and Disclosure in Financial Statements (IFRS 18)
• IFRS®: Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8); Noncurrent Assets Held for Sale and Discontinued Operations (IFRS 5); and Provisions, Contingent Liabilities and Contingent Assets (IAS 37)
• IFRS®: Inventories (IAS 2); Property, Plant and Equipment (IAS 16); and Borrowing Costs (IAS 23)
• IFRS®: Investment Property (IAS 40)
• IFRS®: Intangible Assets (IAS 38) and Impairment of Assets (IAS 36)
• IFRS®: Accounting for Government Grants and Disclosures of Government Assistance (IAS 20)
• IFRS®: Leases (IFRS 16)
• IFRS®: Presentation of Financial Instruments (IAS 32); Financial Instruments (IFRS 9); and Financial Instruments: Disclosures (IFRS 7)
• IFRS®: Income Taxes (IAS 12)
• IFRS®: Employee Benefits (IAS 19) and Share-based Payment (IFRS 2)
• IFRS®: Revenue from Contracts with Customers (IFRS 15)
• IFRS®: Related Party Disclosures (IAS 24) and The Effects of Changes in Foreign Exchange Rates (IAS 21)
• IFRS®: Earnings Per Share (IAS 33); Statement of Cash Flows (IAS 7); and Interim Financial Reporting (IAS 34)
• IFRS®: Insurance Contracts (IFRS 17)
• IFRS®: Consolidated Financial Statements (IFRS 10) and Separate Financial Statements (IAS 27)
• IFRS®: Business Combinations (IFRS 3); Investments in Associates and Joint Ventures (IAS 28); and Joint Arrangements (IFRS 11)
• IFRS®: First-Time Adoption of International Financial Reporting Standards® (IFRS 1)

Credit for individual courses purchased can be applied to the full program if purchased within one year.