IFRS Foundation publishes teaching material for education initiative
17 Jun 2015
The IFRS Foundation has published the third part of its comprehensive, framework-based IFRS teaching material for its education initiative. The material is free to download and is designed to enhance educators’ teaching about IFRSs and to help students develop their abilities to make the necessary estimates and judgments when applying IFRSs and the IFRS for SMEs.
The material covers the accounting for liabilities, classification of financial instruments with characteristics of equity, forward contracts, and financial assets and liabilities. In addition, the material is presented in three stages to accommodate students at different levels:
- Stage 1 — A student’s first financial reporting course.
- Stage 2 — A financial reporting course midway to qualifying as a CA or CPA.
- Stage 3 — A course immediately before qualifying as a CA or CPA.
For more information, see the press release on the IASB’s website.
