- NY Credits : 1.0
- TX Credits : 1.0
This course provides an overview of International Financial Reporting Standards (IFRS), including use of the standards, the standard-setting structure and process, implementation and application issues, and the International Accounting Standards Board (IASB) basic accounting framework. This advanced level course focuses on the development and expansion of in-depth knowledge, skill and application of international financial reporting standards. This course is most appropriate for the professional with mastery of this topic or the professional seeking to expand his or her knowledge base and who may be a seasoned professional within an organization. This course also may be appropriate for other professionals with specialized knowledge in this topic.
Upon successful completion of this course, the user should be able to:
identify the reasons for the movement toward IFRS and interpret the global standards-setting process in general terms, and
describe the IAS framework for financial reporting and summarize issues related to first-time adoption of IFRS.