Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) Introduction to the IASB and the IFRS
The following will be asked from you in the exam:
- The conceptual framework
- The structure of the standard setting body and sub-committees
- Introduction to the IASB and the IFRS
- The objectives of the IASB
- The IAS and IFRS standards
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Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) IAS 19 Purpose and Scope
The following will be asked from you in the exam:
- Practical examples of treatments
- IAS 19 Short-Term Employee Benefits
- Benefits that accrue
- Accounting treatment for short-term benefits
- Profit sharing and bonus plans
- Definition
- Types of short-term benefit
- Benefits that do not accrue
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Who should take the International Financial Reporting Standards for Compensation Professionals (T7) Exam
The International Financial Reporting Standards for Compensation Professionals (T7) Exam certification is for those individuals pursuing their GRP or CCP Canada or for Human Resources and Compensation Professionals who have global responsibility for compensation and rewards programs for countries outside of the U.S.
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