T7 - International Financial Reporting Standards for Compensation Professionals

Course details

Course Objectives

International Financial Reporting Standards for Compensation Professionals (T7) - NEW!

Learn the language all global rewards professionals should know

This course presents an introduction to International Financial Reporting Standards (IFRS). It will provide you with the understanding you need to interact effectively with accounting and finance departments in your company.

Course Objectives

In this course, you will explore

• An overview of IFRS and the International Accounting Standards Board (IASB)
• Objectives of financial reporting and how to identify and work with key stakeholders
• Financial statements as they relate to your compensation and benefits work
• International Accounting Standard 19 (IAS 19) short- and long-term benefits, as well as post-employment and termination benefits.

Course Outline

• Introduction to the IASB and the IFRS
• Objectives of Financial Reporting
• Financial Statements
• IAS 19 Purpose and Scope
• IAS 19 Short-Term Employee Benefits
• IAS 19 Types of Post Employment Benefit Plans
• IAS 19 Features of a defined benefit plan
• IAS 19 Other long-term benefits
• IAS 19 Termination Benefits

Who Should Attend

Compensation and HR professionals with an interest in or responsibility for identifying competitive rates of pay, job evaluation and compensation program development. This program is beneficial for human resources & C&B professionals, finance and management staff who are responsible for their multinational organization’s compensation/remuneration programs.