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CPE Self-Study
IFRS Certificate Program
NASBA FIELD OF STUDY
Accounting
LEVEL
Basic
CPE CREDITS
Online: 27.0
This certificate program will teach you how to understand, apply, and explain fundamental concepts and principles of IFRS across a broad range of accounting standards.

CPE On-Demand
AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by our technicians.

A stable and continuous internet connection is required
In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your My Account after successfully completing the course and/or exam. Please contact us at 1.888.777.7077 or service@aicpa.org with any questions or concerns related to your CPE certificate(s).

Supported Operating Systems:

  • Macintosh OS X 10.10 to present
  • Windows 7 to present

Supported Browsers:

  • Apple Safari
  • Google Chrome
  • Microsoft Internet Explorer
  • Mozilla Firefox

Required Browser Plug-ins:

Note: Your course will be accessible immediately after completing your purchase. Access instructions will be shown on the Order Confirmation Screen and included in your Order Confirmation Email, or click My Account at the top of the page, select My Purchases and then My Online Learning tab.

Technical Support: Please contact service@aicpa.org or use the Contact Us Form.

Product details

Compete effectively in today's global business environment.

Who Will Benefit?

  • 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

Learning Objectives

  • 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; and 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.
  • Identify and calculate tax amounts to be recognized in the financial statements.
  • 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.

Progress toward a set of global accounting standards is no longer a goal of the International Accounting Standards Board (IASB)—it is a reality, as many of the world’s largest capital markets require or permit the use of International Financial Reporting Standards (IFRS). Over 125 countries require publicly traded companies to apply IFRS, while many other jurisdictions permit the use of IFRS in some circumstances.

Why is IFRS relevant in the U.S., and to your work?

  • Many multinationals corporations are headquartered across the U.S., so you could easily find yourself with a client subject to IFRS requirements, either for itself or a non-U.S. subsidiary.
  • You might increasingly find yourself structuring deals and transactions with IFRS counterparties, including vendors and customers. Understanding the implications of structuring these transactions and reporting on them using IFRS will require you to have more than a passing knowledge of these standards.
  • As both FASB and IASB continue their standard-setting agendas, you’ll need to assess proposals and be concerned about divergence that could affect your financial reporting or audit responsibilities going forward.

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. To learn more, visit the Digital Badges FAQ.

For more information, see the FAQs.

Ratings and reviews
Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

Price:
$1,069.00
Member Quantity:
Nonmember Quantity:
Quantity:
Estimated total:
$1,069.00
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CREDIT INFO
CPE credits
Online
: 27.0
NASBA Field of Study
Accounting
Level
Basic
Prerequisites
Familiarity with financial reporting and accounting principles under IFRS
ADVANCE PREPARATION
None
Delivery Method
QAS Self-Study
Course acronym
IFRSCert
GROUP PRICING
Contact a representative for group pricing.
Telephone: 800.634.6780 (Option 1)
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