Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) Financial Statements

The following will be asked from you in the exam:

• Notes accompanying the accounts - the true source of information
• Statement of income
• Statement of cash flows
• Financial Statements
• Content of the key financial statements
• Statement of financial position
• Statement of other comprehensive income

Introduction to International Financial Reporting Standards for Compensation Professionals (T7)Exam

This exam presents an introduction to International Financial Reporting Standards (IFRS). It will provide you with the understanding you need to interact effectively with accounting and finance departments in your company.

• Examine International Accounting Standard 19 (IAS 19) short- and long-term benefits, as well as post-employment and termination benefits
• Determine how financial statements relate to your compensation and benefits work.
• Explore an overview of IFRS and the International Accounting Standards Board (IASB)
• Understand the objectives of financial reporting and how to identify and work with key stakeholders

Reference: https://worldatwork.org/learn/courses/international-financial-reporting-standards-for-compensation-professionals?tab=virtual

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