IFRSr Certificate: Digital Badge Update Course

Overview

Why is IFRS relevant in the U.S., and for you?

Over 125 countries require publicly traded companies to apply International Financial Reporting Standards (IFRSr Standards), while many other jurisdictions permit the use of IFRS in some circumstances. Progress toward a set of global accounting standards is no longer a goal of IASB, it is a reality, as many of the world's largest capital markets require or permit the use of IFRS Standards. You might increasingly find yourself working with IFRS counterparties, including vendors and customers.

This update course is ideal for those who want to extend the validity of their certificates and stay at the forefront of IFRS Standards. A grounding in these standards will distinguish participants from other accounting and finance professionals and will expand their global career opportunities.
Field of Study (FoS):

This course provides 2 CPE credits in the accounting field.

Highlights

Key Topics

• Conceptual framework for financial reporting
• Classification of liabilities
• Proceeds before intended use
• Onerous contracts
• Updating a reference to the conceptual framework
• Interest rate benchmark reform
• Covid-19-related rent concessions
• Other changes to IFRS Standards

Designed For

Who Will Benefit

Accounting and finance professionals

Objectives

Learning Outcomes

• Identify recently issued IFRS amendments and their implications.
• Recall selected projects within the IASB work plan.
• Identify the impact of selected projects on the IASB work plan.V350