APPLYING IFRS
Année du cours : 1 année(s)
Etablissement : IÉSEG School of Management
Langue : English
Formation(s) dans laquelle/lesquelles le cours apparait :
Période : S1 ou S2
Understand the basic concepts of financial accounting, as well as some more advanced topics such as revenue recognition, inventory operations, accounting for long-term asset categories. For most students, this requires having followed a basic introductory course to accounting, as well as an intermediate/advanced course.
Comment on:
– the accounting standards process
– on how standards come about
– on standard setters motivation in setting standards
– on the content of (a selection of) standards.
Apply (a selection of) specific standards to practical exercices and cases.
Have greater awareness about ESRS topics such as ethical reporting on leases and on consolidation issues, willingness of firms to voluntarily incorporate information over and above what is required by accounting standards.
In this course, International Financial Reporting Standards will be studied. Given the extensive and evolving nature of the standards, a selection is made of a few topics which are relevant/specific to IFRS. Topics include business combinations, intangible assets, consolidation of group companies, joint ventures, financial instruments and hedging, market based valuation concepts and insurance contract accounting.
