IFRS: Governance and Conceptual Framework

Financial accounting & reporting

Course

IFRS: Governance and Conceptual Framework

Instructor: AICPA Professional Development Staff

  • Format

    Course - Online

  • Level

    Basic

  • Duration

    2.5 hours

The purpose of this course is to familiarise you with the Preface, the Conceptual Framework, and forthcoming updates to the framework.

Learning outcomes

  • Learning outcomes: Upon completion of this course, you will be able to: Describe the IFRS governance structure
  • Describe the IFRS framework, including the preface, core concepts, hierarchy, glossary and individual components
  • Describe forthcoming updates to the framework

£39.00 (CIMA members only)

£49.00

VAT calculated on checkout

Product information

Overview

The purpose of this course is to familiarise you with the Preface, the Conceptual Framework, and forthcoming updates to the framework. International Financial Reporting Standards (IFRSs) are to be interpreted in the context of the Preface to International Financial Reporting Standards and The Conceptual Framework for Financial Reporting.

These both address the concepts underlying the information presented in general purpose financial statements. IFRSs set out definitions of key concepts as well as recognition, measurement, presentation, and disclosure requirements for financial statements.

Who should take this course?

  • Accounting and finance professionals who perform audits or prepare financial reports and work in the following areas: Multinational organisations
  • US-based subsidiaries of foreign parent corporations
  • US-based parent companies with international subsidiaries that have adopted IFRS
  • Public companies
  • Large private companies
  • Public practice who serve private, public or international companies with audit, preparation, or advisory service

Professional development

This Course - Online offers 2.5 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Field of study: Accounting
Prerequisites:Familiarity with financial reporting and accounting principles under IFRS
Programme level:Basic
Duration:2.5 hours
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

£39.00 (CIMA members only)

£49.00

VAT calculated on checkout

Instructor

  • AICPA Professional Development Staff