The syllabus outlines the key topics covered in the CertIFRS certification. It includes an overview of the International Accounting Standards Board and the standards it has established. The major sections cover financial statement presentation and profit recognition, asset measurement and impairment, accounting for liabilities, group reporting, disclosure standards, and differences between IFRS, UK GAAP and US GAAP. The syllabus aims to provide a comprehensive overview of International Financial Reporting Standards.

1. TAKSHILA LEARNING PVT. LTD.
Syllabus – CertIFRS
1. The nature and operations of the IASB
o Structure of the IASC/IASB
o Extant standards of the IASB
o The framework
2. The status and use of IFRSs around the world
o The use of IFRS around the world
o The IASB roadmap
o The annual IASB bound volume and its use
3. Presentation and profit
o IAS 1, Presentation of financial statements
o IAS 18, Revenue
o IAS 8, Accounting policies, changes in accounting estimates and errors
4. Asset recognition and measurement
o IAS 16, Property, plant and equipment
o IAS 38, Intangible assets
o IAS 40, Investment Property
o IAS 36, Impairment of assets
o IAS 23, Borrowing costs
o IAS 20, Accounting for government grants and disclosure of government assistance
o IAS 2, Inventories
o IAS 11, Construction contracts
o IAS 17, Leases
o IAS 32, Financial instruments - presentation
o IAS 39, Financial instruments - recognition and measurement
o IAS 41, Agriculture
B-55, West Patel Nagar, Branch Office:
st
New Delhi – 110 008 Ph: 91-11-2588 9491 H-14, 1 Floor, Laxmi Nagar
e-mail id: info@takshilalearning.com New Delhi – 110 092 Ph: 91-11-4367 8109
website: www.takshilalearning.com website: www.takshilalearning.com

2. TAKSHILA LEARNING PVT. LTD.
o IFRS 7, Financial instruments: disclosures
o IFRS 6, Exploration for and evaluation of mineral resources
o IFRS 5, Non-current assets held for sale and discontinued operations
5. Accounting for liabilities
o IFRS 2, Share-based payment
o IAS 37, Provisions, contingent liabilities and contingent assets
o IAS 10, Events after the reporting period
o IAS 19, Employee benefits
o IAS 12, Income taxes
6. Group accounting
o IAS 27, Consolidated financial statements and accounting for investment in
subsidiaries
o IAS 28, Accounting for investments in associates
o IAS 31, Joint ventures
o IAS 21, The effects of changes in foreign exchange rates
o IAS 29, Financial reporting in hyperinflationary economies
7. Disclosure standards
o IAS 7, Statement of cash flows
o IAS 24, Related party disclosures
o IAS 33, Earnings per share
o IAS 34, Interim financial reporting
o IFRS 4, Insurance contracts
o IFRS 1, First time adoption of IFRS
o IFRS 8, Operating segments
o IAS 30, Disclosures in the statements of banks and similar financial institutions
8. Principal differences between UK/US GAAP and IFRS
9. Proposals for change
B-55, West Patel Nagar, Branch Office:
st
New Delhi – 110 008 Ph: 91-11-2588 9491 H-14, 1 Floor, Laxmi Nagar
e-mail id: info@takshilalearning.com New Delhi – 110 092 Ph: 91-11-4367 8109
website: www.takshilalearning.com website: www.takshilalearning.com