Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8)

Financial accounting & reporting

Course

Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8)

  • Format

    Course - Online

  • Duration

    1h

This course is part of the IFRS Certificate Program – a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today’s global business environment.

Learning outcomes

  • • Determine how to select an accounting policy.
  • • Identify the criteria for determining when it is appropriate to change an accounting estimate.
  • • Identify criteria that should be applied when selecting and changing accounting policies.
  • • Recognize the impact on the financial statements of changing an accounting policy or estimate.

£19.00 (CIMA members only)

£25.00

VAT calculated on checkout

Product information

Overview

This course is part of the IFRS Certificate Program – a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today’s global business environment.

This course addresses requirements of IAS 8, Accounting Policies, Changes in Accounting Estimates and Errors, including the following: • Components of accounting policies • Selection of accounting policies • Changes in accounting policies and related disclosure requirements • Changes to accounting estimates and related disclosure requirements • Correction of a prior-period error and related disclosure requirements

This course includes interactive learning elements, video content, and real-life application through case studies. Note: Individual courses purchased within the last year can be applied toward the purchase of the IFRS Certificate Program.

Who should take this course?

  • • Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS
  • • Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS

Professional development

This Course - Online offers 1 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Prerequisites:None
Duration:1h
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£19.00 (CIMA members only)

£25.00

VAT calculated on checkout