Référentiels internationaux

Teacher(s)

Ankaert Joffrey;

Language

French

Prerequisites

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Main themes

This course covers the recurring IAS/IFRS standards and their interpretations, and offers:

• an analysis of the various IAS/IFRS standards relevant to financial statement analysis;
• a comparison with Belgian legislation;
• a range of concrete examples and case studies related to the selected standards.

Learning outcomes

At the end of this learning unit, the student is able to :
1	At the end of this teaching unit, the student will be able to interpret and rigorously apply the international IFRS accounting standards analyzed.

Content

Part 1 - Introduction to the Application of IFRS and First-Time Adoption of IFRS
Part 2 - Conceptual Framework for Financial Reporting and General Principles of Financial Statement Presentation and Measurement

• IAS1 - Presentation of Financial Statements
• IAS34 - Interim Financial Reporting
• IFRS13 - Fair Value Measurement
• IAS10 - Events After the Reporting Period
• IAS7 - Statement of Cash Flows
• IAS8 - Accounting Policies, Changes in Accounting Estimates, and Errors
• IAS24 - Related Party Disclosures
• IFRS8 - Operating Segments
• IAS33 - Earnings per Share

Part 3 - Assets

• IAS16 - Property, Plant, and Equipment
• IAS23 - Borrowing Costs
• IAS20 - Accounting for Government Grants
• IAS38 - Intangible Assets
• IAS40 - Investment Property
• IAS2 - Inventories
• IAS36 - Impairment of Assets
• IFRS5 - Non-Current Assets Held for Sale and Discontinued Operations
• IFRS16 - Leases
• IFRS9 - Financial Instruments
• IFRS15 - Revenue from Contracts with Customers

Part 4 - Liabilities

• IAS37 - Provisions, Contingent Liabilities, and Contingent Assets
• IAS19 - Employee Benefits
• IFRS2 - Share-Based Payments
• IAS12 - Income Taxes
• IFRIC23 - Uncertainty over Income Tax Treatments

Part 5 - Business Combinations, Consolidation, and Investments

• IFRS3 - Business Combinations
• IFRS10 - Consolidated Financial Statements
• IAS21 - The Effects of Changes in Foreign Exchange Rates
• IFRS11 - Joint Arrangements

Teaching methods

Ex-cathedra lectures illustrated with case studies related to the analyzed standards.

Evaluation methods

Written exam and active participation during the classes.

Online resources

• https://www.iasplus.com/en
• https://www.ifrs.org/
• https://kpmg.com/xx/en/what-we-do/services/audit/corporate-reporting-institute/ifrs/toolkit/new-standards-effective-dates.html
• https://www.ey.com/en_gl/ifrs-technical-resources
• https://kpmg.com/xx/en/what-we-do/services/audit/corporate-reporting-institute/ifrs/toolkit/insights-practical-application-guide.html

Bibliography

IFRS : la pratique - Normes internationales d'information financière - T. Carlier, F. Elouch, V. Weets

Faculty or entity

> CLSM