IFRS: Specific Sectors (4, 6, 14, 41)
Online Course on IFRS for Specific Sectors
(agriculture, mineral resources,
insurance, regulated goods / services)
This course covers four IFRSs that are specific to particular sectors:
IAS 41 deals with agricultural produce, either in animal or crop form. The objective of the Standard is straightforward and it is applied to items related to agricultural activity.
The need for IFRS 6, Exploration for and Evaluation of Mineral Resources, >arose because issues with mineral resources were not covered by other Standards, the scope of the Standard is related to expenditure.
IFRS 4 is the first Standard to deal specifically with insurance.
There are a number of diverse treatments applied to the subject and they are
different than those used in many other sectors.
IFRS 14 deals with situations where rates for goods and/or services are subject to regulation.
The Standard setters were concerned that there was no specific guidance on this issue and that there was therefore a need to introduce a Standard to deal with it.
Use promo code FF101 at checkout to receive the Financial Fluency special price
Use promo code FF20 at checkout to receive £100 discount on 5 or more courses
At the end of this online CPD course you will be able to
• Understand basics principles and aims of the four different IFRS regimes
• Comprehend the general rules regarding financial statements prepared under these IFRSs
• Gain an overview of the reports
This course is written for anyone engaged either in the preparation of financial reports based on IFRS or their audit, as well as users of company accounts wishing to gain a fuller insight into the treatment of these assets and Standards.
Key areas covered
• IAS 41 – Agriculture
• IFRS 6 – Exploration for and Evaluation of Mineral Resources
• IFRS 4 – Insurance
• IFRS 14 – Regulatory Deferral Accounts
Flexible learning
Learners take their own route through the topics covered in the course. They will learn at their own pace through a variety of interactive activities designed to accommodate a range of learning styles.
About the Author of IFRS: Specific Sectors
Dr Wayne Bartlett specialises in public sector financial management and budgeting and has worked as a consultant and lecturer throughout the world.
After 7 years in the NHS in the UK, he joined the Home Office as Head of Accountancy Advice.
He has worked closely with a number of Supreme Audit Institutions and has become an expert of the implementation of international accounting standards.
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Course Price and Features
Use promo code FF101 at checkout to receive the Financial Fluency special price
Use promo code FF20 at checkout to receive £100 discount on 5 or more courses
• This course provides 4 hours of verifiable CPD
• You can access the course unlimited times for 120 days following purchase
• Full price = £75 (plus VAT) less 10% Financial Fluency discount = £67.50 (plus VAT)
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