IFRS Module 2 Accounting Changes and Error CorrectionsCode: 22-IFRS2

Price: $19.95
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Course Details

30 pages

Module 2 of the IFRS Learning Moduleseries presents an overview of IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors and discusses the IASBs and FASB's efforts towards achieving convergence in these areas of financial reporting.


After completing this course, participants should be able to:

  • Properly classify accounting changes (i.e. changes in accounting policy, changes in
    accounting estimates, and error corrections) per the guidelines of IAS 8.
  • Describe the recognition and disclosure requirements for each type of accounting change
    under IAS 8.
  • Describe the similarities and differences between IFRS and U.S. GAAP in the area of
    accounting changes.

Presentation Method: QAS Self-Study

Category: Accounting

CPE credit: 2 Hours

Program Level: Intermediate

Prerequisites: General understanding of GAAP and Accounting.

Advance Preparation: None

Exam expiration date: Participants must submit exams for grading within one year from the date of purchase.


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