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Technical

IFRS 1 - first time adoption of IFRS Logo cima

  Christopher Nobes BA, PhD, FCCA |   Free |   BPP |   Jan 2015 |   01:00 h |   AICPA Store
Learning Objectives

By the end of this course, you will have learned about:

  • What first time adoption of IFRS means
  • National Requirements
  • Compliance with the different parts of IFRS
  • Internal use IFRS

Course Duration: 1 hour
This course does not offer CPE credit but does count as CPD for CIMA members.

The following presentation looks at IFRS 1, First-Time Adoption of International Financial Reporting Standards. This unique standard is generally required once in an entity’s life, when it makes the transition from some national accounting system to IFRS.

About the author:
A Professor of Accounting at Royal Holloway, University of London. Professor Nobes was UK representative on the Board of the International Accounting Standards Committee from 1993 to 2001. He is vice-chairman of the accounting working group of the Fédération des Experts Comptables Européens. He is the author of twelve books including the FT Reports Interpreting French Company Reports and German Accounting Explained.
Topics covered:
  • Management accounting: Technical: Financial accounting & reporting: Professional accounting standards, Intermediate
  • Management accounting: Technical: Financial accounting & reporting: Professional accounting standards, Advanced

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