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IAS 1 - presentation


BPP Professional Education

Summary

Price
£42 inc VAT
Study method
Online
Duration
Self-paced
Qualification
No formal qualification
CPD
1 CPD hours / points

Overview

The following presentation looks at IAS 1, Presentation. This is a basic standard containing important questions about the main financial statements required for reporting under International Financial Reporting Standards.

CPD

1 CPD hours / points
Accredited by The CPD Certification Service

Description

Learning Outcomes:

By the end of the course you will gain a good understanding of:

  • The scope of the IAS 1 standard
  • The important definitions within the standard
  • Initial recognition of measurement in the financial statements
  • The required entities to produce the 4 main statements:
    • The Statement of Financial Position
    • The Statement of Comprehensive Income
    • The Statement of Changes in Equity
    • The Statement of Cash Flows
  • The notes to the financial statements

Authored by: Christopher Nobes BA, PhD, FCCA


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.

A CPD certificate of completion will be provided by BPP Professional Education Limited upon successful completion of the online course.

CPD Points: 1

CPD Duration (hours): 1

Access: 12 months from purchase date

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.