IFRS: Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8)
Available Anytime
Location:
Online
1Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$49.00 Regular Price
Product Code: AI23-IFRSCERT-C
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Accounting
Overview:
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.
This self-study course course addresses requirements of IAS 8, Accounting Policies, Changes in Accounting Estimates and Errors, including the following:
- Components of accounting policies
- Selection of accounting policies
- Changes in accounting policies and related disclosure requirements
- Changes to accounting estimates and related disclosure requirements
- Correction of a prior-period error and related disclosure requirements
This course includes interactive learning elements, video content, and real-life application through case studies.
Note: Individual courses purchased within the last year can be applied toward the purchase of the IFRS Certificate Program. Find out more.
Objectives:
Learning Outcomes
- Determine how to select an accounting policy.
- Identify the criteria for determining when it is appropriate to change an accounting estimate.
- Identify criteria that should be applied when selecting and changing accounting policies.
- Recognize the impact on the financial statements of changing an accounting policy or estimate.