Intermediate Accounting: Skills For Accounting Professionals

Intermediate Accounting: Skills For Accounting Professionals free download

Learn Financial Reporting Essentials, Leases, Income Taxes , Pensions, Consolidated Accounts Under IFRS / IAS

• Introduction to General Purpose Financial Statements.

• Detailed overview of all active IASs and IFRSs applicable.

• Accounting for Assets IFRS/IAS covered: IAS 16, IAS 38, IAS 36, IFRS 5, IAS 40.

• Accounting for Liabilities FRS/IAS covered: IAS 37, IFRS 9, IAS 1.

• Accounting for Equity: Treatment under IAS 1, IAS 32, and IFRS 10.

• Investment Accounting: Understand how to classify and measure financial assets — like equity shares and debt instruments — under IFRS 9. Real-time case study of an investment in equity shares.

• The accounting treatment of leases from both lessee and lessor perspectives under IFRS 16 — including right-of-use assets, lease liabilities, and classification rules.

  Real-time case study and flowcharts simplify how leases impact the Balance Sheet and Income Statement.

• Explore IAS 12 to understand temporary differences, deferred tax assets and liabilities, and how to account for current and future tax consequences in financial statements.

• Understand how defined benefit and defined contribution pension plans are accounted for under IAS 19.

• Learn how to recognize and measure employee stock options and other equity-settled or cash-settled share-based payments under IFRS 2, with practical examples.

• IFRS 10, IFRS 3, and IAS 28 to learn how parent and subsidiary accounts are combined, including goodwill calculation, NCI, and intra-group adjustments.