IFRS: Key Accounting Policies and Other Reporting Considerations

This course will enable you to

• Review and develop holistic and coherent accounting policies
• Get to grips with all the key standards on accounting policies: IAS 8, IAS 21, IAS 10 and IAS 24
• Know how to handle events after the reporting period
• Understand how accounting foreign exchange might potentially impact on both the statement of financial position and the statement of comprehensive performance
• Prepare financial statements on a going concern basis
• Familiarise yourself with IFRS 13 and its influence on other standards

About the course

This course provides a holistic approach to developing accounting policies that are coherent and faithful. It draws in diverse elements of the IFRS framework to present a full image of well written financial statements.

Now with a new module on IFRS 13: Fair Value Measurement, as well as video interviews with the authors and additional case studies, the course begins by looking in detail at the main source of guidance on accounting policies – IAS 8. It then takes you through other key issues in reporting including how to deal with foreign exchange transactions, how to handle events after the reporting date , related party transactions and measuring fair value.