International Financial Reporting Standards (IFRS)
Free
After a decade of introduction of IFRS to the EU member states, the question remains, has it been beneficial to include the international financial reporting standards to more than 7000 listed companies. There may not be a yes or no answer to this question, but few lessons have been learned from the EU experience. The most significant and central message to all other countries who are already and are on the verge of adoption of IFRS is that, the benefits of IFRS implementation will continue to outweigh the costs involved in the full process. Even if the developing countries consider IFRS for their listed companies, it will make a huge difference in their reporting.
Course Features
- Lectures 9
- Quizzes 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 1
- Assessments Yes
-
Topics covered
- IAS 23 – Borrowing costs
- IAS 16 – Property, plant and equipment and IAS 40 – Investment property
- IAS 38 – Intangible assets
- IAS 37 – Provisions and contingencies
- IAS 36 – Impairment of assets
- IFRS 10, IFRS 3, IFRS 13 – Consolidated FS, Business combinations and Fair value measurements
- IAS 19 – Employee benefits (defined benefit plans)
- IFRS 15 – Revenue from contracts with customers
- IFRS 9 – Financial Instruments
