This online seminar is module-based. There are no audio or video components at all. There are no check-in times or a set schedule. You are required to read through each module, and complete a short quiz at the end of each module.

Formerly Titled: “IFRS – A Survey of Standards”

The objective of this seminar is to provide participants with a solid introduction to the International Financial Reporting Standards (IFRS) incorporated as part of CPA Canada Handbook – Accounting – Part I. The course will also cover IFRS standards currently under development at the International Accounting Standards Board (IASB) that are expected to be introduced during the next year. The focus is on the IFRS standards that apply to most profit-oriented entities. At the end of this two-day seminar you will be aware of the foundation of IFRS and be able to explain IFRS content. Examples and exercises throughout are incorporated for you to identify application issues.


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

  • Explain the IFRS standards that apply to most profit-oriented entities
  • Identify changes to IFRS and the impact on financial statements
  • Summarize current developments in IFRS
  • List relevant resources (with links)


  • Overview of IFRS
  • Financial statement presentation and accounting policies
  • Property plant and equipment
  • Investment property
  • Intangible assets and fair value measurement
  • Impairment of assets
  • Revenue, financial instruments, income taxes, liabilities
  • Strategic investments, separate financial statements
  • Other IFRS standards
  • Optional content: first-time adoption considerations


Professional accountants who work in financial reporting and related areas of publicly accountable enterprises or other enterprises applying IFRS, who are reading financial statements of publicly accountable enterprises, or who wish to be able to explain IFRS standards. Audit committee members who would like to gain an understanding of IFRS may also find this to be a useful course.