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IFRS Learning and Assessment Program

This program is presented by ICAEW.

The IFRS Learning and Assessment Program covers the development, content and use of IFRS, giving you the knowledge and guidance you need to understand and apply them with confidence.

This self-paced online program consists of 36 modules which you have 1 year to complete from the date you receive your login details. On average, the program takes 70 hours study time, but you may need less time depending on your experience and knowledge of IFRSs.


The IFRS Learning and Assessment Program covers the development, content and use of IFRS, giving you the knowledge and guidance you need to understand and apply them with confidence. The IFRSs covered in the learning and assessment program are set by the International Accounting Standards Board (IASB).


The program consists of 36 modules, covering:

  • The context, development and use of international financial reporting standards around the world
  • The Framework for the preparation and presentation of financial statements
  • The complete set of the standards and interpretations, including; Standing Interpretation Committee Statements (SICS), International Financial Reporting Interpretation Committee Statements (IFRICS)
  • Recognition, measurement, disclosure and presentation of financial information.


Learning Outcomes

Upon satisfactory completion of this program, you will be able to:

  • Understand and apply IFRS principles, concepts and knowledge in a commercial setting
  • Assess the standards’ commercial impact on business
  • Make informed business decisions
  • Provide practical business advice
  • Produce and interpret financial statements and information.



The IFRS Learning and Assessment Program enables accountants, other professionals and students to understand and apply IFRSs with confidence.


Benefits to individuals:

  • Practical and commercially-focused program, developed by leading experts in international standards
  • Flexible, interactive online learning suits all learning needs and fits around commitments
  • Online assessment with immediate results and certificate on successful completion
  • Relevant to all who use, prepare or interpret financial statements
  • Provides up to 70 verifiable CPD hours


Benefits to businesses:

  • Enhance the level of IFRSs understanding across business functions and international locations
  • Certificate-level program that provides an international benchmark of excellence
  • Flexible desktop learning that fits around work commitments


Benefits to colleges and universities:

  • Up-to-date specialist program that can easily be integrated into established courses
  • Flexible, interactive online learning materials and assessment, accessible anytime, anywhere
  • Can be tailored to support classroom delivery or self-study, by providing learning materials and assessment


Chapter 1
This chapter gives the regulatory background to International Financial Reporting Standards. It examines the Conceptual Framework, which determines the principles that the IASB uses, and also looks at IAS 1 which sets out how financial statements are presented.

Chapter 2
This chapter starts looking at some of the detailed components of the balance sheet, or statement of financial position, focussed on assets, including property, plant and equipment, capitalised borrowing costs, investment properties, intangible assets, impairment and exploration & evaluation of mineral resources.

Chapter 3
This chapter continues on the statement of financial position, looking closely at financial instruments and all aspects of accounting for them.

Chapter 4
This chapter addresses accounting for leases, which is an area that has seen significant change in recent years with the introduction of IFRS 16.

Chapter 5
This chapter addresses all aspects of accounting by groups, including the preparation of consolidated accounts, accounting for subsidiaries, associates and joint ventures, and accounting for business combinations.

Chapter 6
This chapter covers other balance sheet items not already addressed, including inventories, held for sale assets (and the corresponding accounting for discontinued operations), provisions, and agriculture.

Chapter 7
This chapter covers revenue recognition, a critical topic for all entities.

Chapter 8
This chapter looks at the accounting for current and deferred tax.

Chapter 9
This looks at a range of topics not covered elsewhere, including a module dedicated to the newly effective IFRS 17 on insurance contracts, as well as accounting policies, government grants, employee benefits including retirement benefits and share-based payments, post balance sheet events, foreign currency transactions, cash flow statements, segment reporting, interim reporting, and accounting by retirement benefit plans.

Chapter 10
This chapter looks at how an entity applies IFRSs for the first time and also looks at two disclosure topics, related party transactions and earnings per share.

Additional Information
  • On average, the program takes 70 hours study time plus an assessment consisting of 60 multiple-choice questions.
  • Login details will be sent via email and you can expect these within 72 hours of your registration. Once these have arrived you will have 1 year to complete the program.
  • Extension of this program is available for a maximum of three months. Please contact learningpartners@charteredaccountantsanz.comfor further information on extensions.
  • For groups of 10+ please contact  learningpartners@charteredaccountantsanz.com


Topic: Reporting

Sub-Topic: Financial Reporting

Format: eLearning

Proficiency Level: Intermediate

CPD: Upto 70 hours