This self study course addresses the requirements of IFRS 1, First-Time Adoption of International Financial Reporting, including requirements, purpose, and exemptions.
Format: Audio, Video, Interactive Elements
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
Determine whether an entity qualifies as a first-time adopter of IFRS Identify the date of transition to IFRS Identify mandatory and optional exemptions under IFRS 1. Recall the disclosures requried by IFRS 1