First-Time Adoption of IFRS (IFRS 1)
Available Anytime
Location:
Online
1Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$49.00 Regular Price
Product Code: AI23-IFRSCERT-Z
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 addresses the requirements of IFRS 1, First-Time Adoption of International Financial Reporting, including the following:
- Purpose and scope
- Transition
- Exemptions
- Transactions (for example, share-based payments; leases; foreign currency translation differences; and investments in subsidiaries, associates, and joint ventures)
- 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
- Recognize whether an entity qualifies as a first-time adopter of IFRS.
- Identify the date of transition to IFRS.
- Identify mandatory and optional exemptions under IFRS 1.
- Recall the disclosures required by IFRS 1.