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Activity Provided By:

Becker Professional Education

First-time Adoption of International Financial Reporting Standards (IFRS 1)

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Overview / Abstract:

The adoption of IFRS for the first time can be cumbersome and complex for an organization. Participants will gain an understanding of the definition and scope of IFRS 1 and receive practical guidance on its implementation within their organization. At the conclusion of this session, you will be able to:

Recognize the scope and objective of the First-time Adoption of IFRSs (IFRS 1).
Recognize the recognition and measurement principles utilized under IFRS 1, including the transactions included in the three categories of exemptions.
Recognize and apply the presentation and disclosure principles utilized under IFRS 1.
Recognize and apply the guidance on implementing IFRSs outlined within IFRS 1.
Recognize the various methods of ratio analysis and how to specifically apply them for analytical purposes.


Aug 18, 2020


Accounting , Financial Advisor CE





Credits / Hours

2.00 CPE

Keywords / Search Terms

Becker Professional Education

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