Online Seminar

IFRS – Resources Beyond Standards for Developing Accounting Policies and Note Disclosure

Nov 28, 2022



NOV 28



8:30 AM - 12:30 PM




4 Hours


0 Hours


Registration closed on

Nov 23, 2022


This seminar provides an overview of resources available beyond the standards in CPA Canada Handbook Part I (IFRS) for developing accounting policies and note disclosure.

This seminar provides participants with an overview of resources beyond the IFRS standards for developing accounting policies and note disclosure. The starting point will be a discussion of the accounting hierarchy from IAS 8, Accounting Policies, Changes in Estimates and Errors for determining an accounting policy. This is followed by a discussion of specific examples and resources available applying the accounting hierarchy beyond the standard. Examples of resources include: IFRIC and SIC interpretations, appendices to the standard, supporting documents to the standard e.g. illustrative examples and basis of conclusion documents, material from committees / groups e.g. IFRS interpretation committee including agenda decisions and notes from IFRS discussion group, proposed guidance e.g. Exposure Drafts and research papers, OSC/CSA publications, education materials and publications from websites and other sources e.g. IASB, Financial Reporting and Assurance Standards Canada, CPA Canada, financial statements other companies and guidance standards other accounting bodies e.g. FASB.

Participants will have the opportunity in exercises and case study to complete their own research using these resources. After attending this seminar, participants will have reviewed resources beyond the standards to assist them in developing accounting policies and drafting note disclosure.

Learning Objectives

By the end of this course, participants will be able to:

  • Explain the accounting hierarchy
  • Apply the accounting hierarchy to scenario
  • Identify available resources for a scenario
  • Apply accounting framework and identify resources for development of an accounting policy and note disclosure
  • Content

    Topics covered in this course include:

  • Accounting hierarchy
  • Resources beyond standard
  • IFRIC and SIC interpretations
  • Appendices to standard
  • Supporting documents to standard
  • Agenda decisions and notes from discussion groups
  • Proposed guidance
  • Education materials and publication
  • Financial statements other companies
  • Other accounting bodies
  • Exercises and cases for developing accounting policies and note disclosure
  • Prerequisites

    • None.
    • Applicable For

      CPAs and other professionals who work in financial reporting and related areas using IFRS.


$163.00 Personal Passport

$190.00 Organization Passport

$261.00 Member

$261.00 Student

$317.00 Public

Status: Registration closed on Nov 23, 2022




Elizabeth J. Farrell, FCPA, FCA is an Adjunct Professor at the Schulich School of Business. In recognition of her excellence in teaching she was selected as the winner of the Seymour Schulich Award for Teaching Excellence in 1999, 2003 and 2009 and nominated for the award in 2004, 2005, 2006, 2011 and 2015. She was selected as the winner of the John Peace Teaching Award in 2002 and 2012. Elizabeth served as assistant coordinator at CPA Ontario's School of Accountancy. She has taught executive development courses for the Schulich School of Business, professional development courses for CPA Ontario and firms. Elizabeth is a co-author of Intermediate Financial Accounting. Her publications also include an accounting case analysis software package, study guides, ASPE: A Comparison to IFRS, IFRS A Review of the Standards, IFRS Leases and co-author Researching and Documenting an Accounting Issue and ASPE and NFPO Update, professional development courses, and a variety of case material. Elizabeth was a member of the Competency Map Committee. She was one of the lead authors for the assurance elective module for the CPA PEP program. Elizabeth has also served on the Board of Directors for a number of not for profit organizations.


This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.

Electronic material can be accessed one week prior to the course at and should be downloaded in advance.

Registration, cancellation, withdrawal and all other CPA Ontario PD Seminar policies can be found here.