IFRS Certificate Program

Format: Online (Study at your own pace)

CPE Credits: 28.5

Online access to learning content for 1 year

Self-directed indicative Learning Hours: 57 hours

Awards on Completion: Certificate and Digital Badge; awarded by AICPA and CIMA

Learning Outcomes

• Recognize the underlying concepts and principles of IFRS.
• Identify the required format and content of a complete set of financial statements, including required footnote disclosures
• Identify the presentation and disclosure requirements of a statement of cash flows, including the proper classification of operating, financing, and investing activities.
• Indicate and apply the requirements of new standards on revenue recognition (IFRS 15) and leases (IFRS 16).
• Identify the classification, recognition, measurement, and disclosure of common financial statement assets and liabilities.
• Identify and account for an impairment loss with respect to a nonfinancial asset.
• Recall required disclosures for related parties and events after the reporting period.
• Recognize the accounting treatment applied to share-based payments and employee benefits.
• Recall accounting requirements for business combinations, joint arrangements, and investments in associates.
• Identify and calculate tax amounts to be recognized in the financial statements.
• Recall the accounting requirements applicable to entities that transact in or keep accounting records in foreign currency.
• Indicate how to measure fair value when required by IFRS standards.

Program Completion

You have twelve (12) months from the date of purchase to complete the entire program.

As of January 1, 2018, those who successfully complete this program will receive a digital badge to showcase their new skills on their online professional social networks. Given the regular issuance of new accounting standards by the International Accounting Standards Board (IASB), this badge expires 2 years from the date of issuance. If you complete the IFRS Certificate: Digital Badge Update Course before your badge expires, or within 3 months of your badge expiring, your badge will remain active for another 2 years.

Courses include:

• IFRS: The Conceptual Framework for Financial Reporting and Fair Value Measurement (IFRS 13)
• Presentation of Financial Statements (IAS 1) and Events After the Reporting Period (IAS 10)
• Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8)
• Inventory (IAS 2)
• Property, Plant and Equipment (IAS 16) and Borrowing Costs (IAS 23)
• Investment Property (IAS 40)
• Intangible Assets (IAS 38)
• Impairments (IAS 36)
• Non-Current Assets Held-for-Sale and Discontinued Operations (IFRS 5)
• Government Grants (IAS 20)
• Leases (IFRS 16)
• Financial Instruments (IAS 32, IFRS 9, IFRS 7)
• Provisions, Contingent Liabilities, and Contingent Assets (IAS 37)
• Income Taxes (IAS 12)
• Employee Benefits (IAS 19)
• Share-Based Payment (IFRS 2)
• Revenue from Contracts with Customers (IFRS 15)
• Related Party Disclosures (IAS 24)
• Consolidated Financial Statements (IFRS 10) and Separate Financial Statements (IAS 27)
• Business Combinations (IFRS 3)
• Investment in Associates and Joint Ventures (IAS 28) and Joint Arrangements (IFRS 11)
• Foreign Exchange Rates (IAS 21)
• First-Time Adoption of IFRS (IFRS 1)
• Statements of Cash Flows (IAS 7) and Interim Reporting (IAS 34)
• Earnings per Share (IAS 33)

Credit for individual courses purchased can be applied to the full program if purchased within one year.

FAQs

• See this FAQ for more information about the IFRS Certificate Program.
• See this FAQ to learn more about digital badges.

About AICPA:

The Association of International Certified Professional Accountants (the Association) is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA) to power opportunity, trust and prosperity for people, businesses and economies worldwide. It represents 650,000 members and students in public and management accounting and advocates for the public interest and business sustainability on current and emerging issues. With broad reach, rigor and resources, the Association advances the reputation, employability and quality of CPAs, CGMA designation holders and accounting and finance professionals globally.