The CertIFR programme addresses international financial reporting through the following key topic areas:
1. The International Accounting Standards Board and IFRS Accounting Standards
- The origins of the International Accounting Standards Board (IASB®)
- The structure of the IFRS Foundation
- International Accounting Standards (IAS® Accounting Standards), and International Financial Reporting Standards (IFRS® Accounting Standards) that are currently in issue
- The Conceptual Framework for Financial Reporting.
2. IFRS Accounting Standards – global convergence and continued development
- A brief summary of the adoption of International Financial Reporting Standards (IFRS® Accounting Standards) in different jurisdictions
- The growth of the International Accounting Standards Board (IASB®)
3. Revenue, presentation and profit
- IAS 1 Presentation of Financial Statements
- IFRS 15 Revenue from Contracts with Customers
- IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors.
4. Accounting for non-current assets
- IAS 16 Property, Plant and Equipment
- IAS 40 Investment Property
- IAS 23 Borrowing Costs
- IFRS 5 Non-current Assets Held for Sale and Discontinued Operations
5. Accounting for assets, impairments and grants
- IAS 38 Intangible Assets
- IAS 36 Impairment of Assets
- IAS 20 Accounting for Government Grants and Disclosure of Government Assistance
- IAS 2 Inventories
6. Accounting for leases and specialised assets
- IFRS 16 Leases
- IAS 41 Agriculture
- IFRS 6 Exploration and Evaluation of Mineral Resources
7. Accounting for financial instruments
- IAS 32 Financial Instruments: Presentation
- IFRS 9 Financial Instruments
- IFRS 7 Financial Instruments: Disclosures
- IFRS 13 Fair Value Measurement
- IFRS 4 and IFRS 17 Insurance Contracts
8. Accounting for liabilities
- IAS 37 Provisions, Contingent Liabilities and Contingent Assets
- IAS 19 Employee Benefits
- IAS 12 Income Taxes
- IFRS 2 Share-based Payment
9. Group accounting – part 1
- IFRS 10 Consolidated Financial Statements
- IAS 27 Separate Financial Statements
- IFRS 3 Business Combinations
10. Group accounting – part 2
- IFRS 11 Joint Arrangements
- IAS 28 Investments in Associates and Joint Ventures
- IFRS 12 Disclosure of Interests in Other Entities
- IAS 21 The Effects of Changes in Foreign Exchange Rates
- IAS 29 Financial Reporting in Hyperinflationary Economies
11. Disclosure standards and first-time adoption
- IAS 7 Statement of Cash Flows
- IFRS 8 Operating Segments
- IAS 24 Related Party Disclosures
- IAS 33 Earnings Per Share
- IAS 34 Interim Financial Reporting
- IAS 10 Events after the Reporting Period
- IFRS 1 First-time Adoption of IFRS
12. IFRS Accounting Standards and other reporting frameworks
- The IFRS for SMEs Accounting Standard
- The FASB and US GAAP
- Principle differences between IFRS Accounting Standards and US GAAP
- Indian GAAP
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