All professionals, even experts, can benefit from a solid review of their foundational knowledge. The objective of this course seeks to provide you with a solid introduction to Part I - International Financial Reporting Standards (IFRS).
All professionals, even experts, can benefit from a solid review of their foundational knowledge. The objective of this course seeks to provide you with a solid introduction to Part I - International Financial Reporting Standards (IFRS).
Specifically, this course covers all of the IFRS incorporated as part of CPA Canada Handbook – Accounting – Part I, including standards that apply to most profit-oriented entities.
In addition, we will cover IFRS standards currently under development at the International Accounting Standards Board (IASB), which expects the standards to undergo implementation during the next year, as well as the potential impact of these new standards on financial statements.
At the end of this two-day course, you will understand the foundation of IFRS and explain IFRS content. In order to relate the content to real life, the course provides examples and exercises that identify practical application issues.
Course Content:
This course will cover several topics, including:
Learning Objectives:
Upon completing this course you will acquire the ability to:
Chartered Professional Accountant (CPA) is the Canadian business and accounting designation representing more than 200,000 professional accountants across the country. As part of the CPA profession in Canada, CPA Alberta is the professional organization for more than 30,000 designated accountants across the province.
Students will begin their studies by learning how to develop comprehensive financial statements for public companies as well as a broad discussion on International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE).
Stay current in IFRS with the CPA CPD courses seminars ranging from IFRS current standards to changes coming each year in the IFRS updates such as Revenue, Leases, and Financial Instruments.
The objective of this seminar is to teach participants about the major differences between IFRS and GAAP and to make them comfortable with IFRS reporting and convergence.
This International Financial Reporting Standards (IFRS) training course provided delegates with a detailed understanding of International Financial Reporting Standards (IFRS).
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