There are certain general disclosures that every financial statement preparer should be familiar with. This course covers common disclosures such as: the statement of cash flows, accounting policies, errors, estimates, subsequent events, related party relationships, provisions, and contingencies.
Learning Objectives
- Explore key considerations when preparing the statement of cash flows per International Accounting Standard (IAS) 1 - Presentation of Financial Statements.
- Discover special considerations related to accounting policies, errors, and estimates in accordance with International Accounting Standard (IAS) 8 - Accounting Policies, Changes in Accounting Estimates and Errors.
- Recognize when to present or disclose events subsequent to the reporting period end under International Accounting Standard (IAS) 10 - Events After the Reporting Period.
- Explore risks associated with related party relationships per International Accounting Standard (IAS) 24 - Related Party Disclosures.
- Discover the proper accounting and disclosure of provisions and contingencies under International Accounting Standard (IAS) 37 - Provisions, Contingent Liabilities and Contingent Assets.
Last updated/reviewed: March 16, 2024
Included In Certifications
This course is included in the following Certification Programs:
17 CoursesInternational Financial Reporting Standards (IFRS) Certification
- General Considerations for Preparing Financial Statements in Accordance with IFRS
- IFRS vs. U.S. GAAP - Major Differences in Accounting
- 2022 IFRS Update
- IFRS for Small and Medium-Sized Entities Compared to Full IFRS
- Accounting for Revenue from Contracts with Customers per IFRS 15
- Accounting for Leases under IFRS 16
- IFRS - Accounting for Share-Based Payment Awards per IFRS 2
- Accounting for Financial Instruments under IFRS 9
- Accounting for Nonfinancial Assets under IFRS
- Accounting for Business Combinations under IFRS 3
- IFRS - Accounting for Employee Benefits per IAS 19 and IFRIC 14
- Accounting for Investments in Other Entities, Including Consolidation, under IFRS
- IFRS - Accounting for Income Taxes per IAS 12
- IFRS - Derivatives and Hedge Accounting under IFRS 9
- IFRS - Special Accounting Topics
- IFRS - Special Financial Reporting Issues
- IFRS - General Financial Statement Disclosures
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Prerequisites
Course Complexity: Advanced
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
.
Jennifer LouisCPA, President of Emergent Solutions Group LLC