IAS & IFRS

The Business Application with International Accounting Standard (IAS) & International Financial Reporting Standard (IFRS) subject is designed to provide participants with the opportunity to enhance their financial reporting skills by providing detailed understanding and knowledge of International Accounting Standard application. This includes: 

IAS 

• The framework for the preparation and Presentation of Financial Statements. 

• IAS 1: Presentation of Financial Statements 

• IAS 2: Inventories 

• IAS 7: Statements of Cash Flows 

• IAS 8: Accounting Policies, Changes in Accounting Estimate and Errors 

• IAS 10: Events after the Reporting Period 

• IAS 16: Property, Plant and Equipment 

• IAS 19: Employee Benefits 

• IAS 20: Accounting for Government Grants and Disclosure of Government Assistance 

• IAS 23: Borrowing Costs 

• IAS 24: Related Party Disclosures 

• IAS 26: Accounting and Reporting by Retirement Benefit Plans 

• IAS 33: Earnings per Share 

• IAS 34: Interim Financial Reporting 

• IAS 36: Impairments of Assets 

• IAS 37: Provisions, Contingent Liabilities and Contingent Assets 

• IAS 38: Intangible Assets 

• IAS 40 Investment Property 

IFRS 

• IFRS 5: Non-current Assets Held for Sale and Discontinued Operations 

• IFRS 15: Revenue from contracts with customers 

• IFRS 16: Leases 

COURSE TITLE: Business Application with IAS & IFRS – II (2nd Part) 

The Business Application with International Accounting Standard (IAS) & International Financial Reporting Standard (IFRS) subject is designed to provide participants with the opportunity to enhance their financial reporting skills by providing detailed understanding and knowledge of International Financial Reporting Standard application. This includes: 

IAS 

• IAS 12: Income Taxes 

• IAS 21: The Effects of Changes in Foreign Exchange Rates 

• IAS 27: Separate Financial Statements 

• IAS 28: Investments in Associates and Joint Ventures 

• IAS 32: Financial Instruments Presentation 

• IAS 41: Agriculture 

IFRS 

• IFRS 1: First-time Adoption of International Financial Reporting Standards 

• IFRS 2: Share-based Payment • IFRS 3: Business Combinations 

• IFRS 4: Insurance Contracts 

• IFRS 6: Exploration for and Evaluation of Mineral Resources 

• IFRS 7: Financial Instruments: Disclosures 

• IFRS 8: Operating Segments 

• IFRS 9: Financial Instruments 

• IFRS 10: Consolidated Financial Statements 

• IFRS 11: Joint Arrangements 

• IFRS 12: Disclosure of Interests in Other Entities 

• IFRS 13: Fair Value Measurement 

• IFRS 14: Regulatory Deferral Accounts

Minimum HSC