Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
CPA's will gain valuable knowledge on the global standard for financial reporting. Furthermore, CPAs who are well-versed in IFRS can help their clients or employers to comply with regulatory requirements. Overall, this certificate course in IFRS can benefit CPAs in their professional development, career advancement, and client service.
This course provides an overview of the information included in the financial statements and notes to the financial statements. The focus will be on identifying measurement and presentation choices and explaining complex financial statement line items. Participants will have the opportunity to review several examples and exercises.
Topics Included:
- Different financial statements and types of notes?
- Statement of financial position identifying measurement choices e.g. fair value measurement, presentation choices, assets classification?
- Statement of comprehensive income identifying presentation choices and complex line items including components of the OCI?
- Cash flow statement identifying items in operating, investing and financing?
- Information provided in notes to the financial statements
Agenda:
- Overview of financial statements and types of notes
- Statement of Financial Position
- Statement of Comprehensive Income (Statement of Net Earnings and Other Comprehensive Income (OCI))
- Cash Flow Statement
- Information in notes
- List relevant resources
Key Takeaways
On completion of this course, learners will be able to:
- Explain the accounting hierarchy.
- Identify resources available to research an accounting issue.
- Identify general principles for developing accounting policies.
- Identify general principles for drafting note disclosure.
- Consider factors that may impact objectivity and ethical decision-making.
- Identify and explain the process and steps from researching to developing an accounting policy and drafting note disclosure for complex and new accounting issues.
Earn a Digital Badge
Our new collection of digital badges can be earned through the completion of any of our certificate programs offered in our professional development catalogue. Collect these digital badges to add to your website, social profiles, email signature and more. These badges are an easy way to visually communicate your skills and accomplishments to your peers and network. Digital badges will be awarded based on course completion requirements.
Who Will Benefit
Examples of professions that will benefit from this certificate include:
- Finance Directors
- Finance Managers
- Controllers
- Financial Analysts
- Auditors
- Senior Accountants
- Practitioners
How to Access the Course
We're pleased to invite you to register for our Certificate courses. Whether or not you're a CPA, you're more than welcome to join us on this learning journey. To get started, you'll need to create an account. Don't worry if you don't have a CPA Ontario ID yet; you can easily set up your account right here. Let's begin your learning adventure together.
This is an online session. This course is available 24 hours a day, 7 days a week. Once registered, you can access the material at any time.
However, you will only have access to the course for 90 days after REGISTRATION/COURSE START DATE whichever comes later.
To access the course please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Registration, cancellation, withdrawal and all other CPA Ontario PD Seminar policies can be found here.
Speaker(s)
Elizabeth J. Farrell, FCPA, FCA is an Adjunct Professor at the Schulich School of Business. In recognition of her excellence in teaching she was selected as the winner of the Seymour Schulich Award for Teaching Excellence in 1999, 2003 and 2009 and nominated for the award in 2004, 2005, 2006, 2011 and 2015. She was selected as the winner of the John Peace Teaching Award in 2002 and 2012. Elizabeth served as assistant coordinator at CPA Ontario's School of Accountancy. She has taught executive development courses for the Schulich School of Business, professional development courses for CPA Ontario and firms. Elizabeth is a co-author of Intermediate Financial Accounting.