IFRS®: Earnings Per Share (IAS 33); Statement of Cash Flows (IAS 7); and Interim Financial Reporting (IAS 34)
Key concepts of IAS 7, Statement of Cash Flows; IAS 34, Interim Financial Reporting; and IAS 33, Earnings Per Share, are covered so you can better assist clients subject to IFRS® Standards.
Format
Online
NASBA Field of Study
Accounting
Level
Intermediate
CPE Credits
2
Author(s)
AICPA and CIMA staff, Helen Kerrigan
Availability
1 year
Product Number
IFRSCERTT25SSO
Establishing core principles of IAS 7, IAS 34, and IAS 33
Understanding the basic guidelines of IAS 7, Statement of Cash Flows; IAS 34, Interim Reporting; and IAS 33, Earnings Per Share is essential to your comprehension of international accounting standards. You'll gain a fundamental understanding of these standards, enabling you to help clients subject to IFRS requirements.
Key principles you'll cover include:
- Format of cash flow statements
- Minimum content of an interim financial report
- Special considerations for revenue, costs, use of estimates, and restatements
- Earnings per share calculations
Why IFRS is relevant to your practice
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 effectively compete in the modern business world.
Realistic examples to elevate your knowledge
The interactive learning elements and real-life examples in this course will help you implement key concepts in practice.
The real-world case studies will enable you to apply the core principles of IAS 7, IAS 34, and IAS 33 to better assist your clients.
This course is part of the IFRS Certificate Program — a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today's global business environment.
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
- Format of cash flow statements
- Categories of cash flows (operating, investing, and financing)
- Minimum content of an interim financial report
- Accounting recognition and measurement principles under interim reporting
- Special considerations for revenue, costs, use of estimates, and restatements
- Earnings per share calculations
- Assessing the financial performance of an entity
- Relevant disclosures
Learning Outcomes
- Identify the scope and general characteristics of IAS 33, Earnings per Share.
- Calculate basic and diluted earnings per share.
- Identify the presentation and disclosure requirements related to the statement of cash flows under IAS 7, Statement of Cash Flows.
- Identify the requirements for interim reports under IAS 34, Interim Financial Reporting.
Group ordering for your team
2 to 5 registrants
Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.
Start order6+ registrants
We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)
The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services. The Association is committed to making professional learning accessible to all. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. For accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.