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International Financial Reporting Standards (IFRS) are developed and maintained by the International Accounting Standards Board (IASB). The overriding requirement of IFRS is to fairly present financial statements. This course provides an overview of the conceptual framework and other significant general considerations applied in the preparation and fair presentation of IFRS financial statements.
Learning Objectives
- Explore the Conceptual Framework of Financial Reporting that underlies the preparation and fair presentation of financial statements.
- Discover the principles of the going concern basis of presentation.
- Recognize the general form and content of financial statements.
- Explore the principles of fair value measurement
Last updated/reviewed: November 28, 2019
8 Reviews (16 ratings)Reviews
Anonymous
(Project Manager)
The course provides a high level overview of the inputs to drafting financial statements, but it is not an all encompassing training. This is just the tip of the iceberg
Anonymous
(Finance Manager)
This course gives a good, quick understanding of the concept of fair value. More examples would have been welcome. I will look at other videos from this lecturer.
Anonymous
(Consultant)
I found all the fair value information to be interesting and helpful. Surprisingly not that different from GAAP.
Mark Quinn
(CFO at Advertising Specialty Institute)
The course gave a good overview of IFRS. Explaining the methods of measuring FV was the most beneficial piece .
Anonymous
(Technical Accounting Manager)
This was a good overview course, but spent a bit too much time on fair value techniques.
Dhaval Kadakia
(Director of Sales at JRC Conventions & Trade Fairs)
The focus was more on Fair valuation, expected more details on other aspects as well.
Anonymous
()
Very interesting, but brief, overview. Main focus is on fair market valuation.
Anonymous
(Senior Financial Analyst)
Comprehensive contents. More abstract as expected in this refresher course
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .