International Financial Reporting Standards for Compensation Professionals (T7) Certification Path

International Financial Reporting Standards for Compensation Professionals (T7) Exam is foundation level Certification. There is no prerequisite for this course. Anyone who is having keen interest and familiar with HR principles are well invited to pursue this certification.

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The price of the WorldatWork International Financial Reporting Standards for Compensation Professionals (T7) exam is $250 USD.

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Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) Introduction to the IASB and the IFRS

The following will be asked from you in the exam:

• The structure of the standard setting body and sub-committees
• The objectives of the IASB
• The conceptual framework
• Introduction to the IASB and the IFRS
• The IAS and IFRS standards

Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) IAS 19 Purpose and Scope

The following will be asked from you in the exam:

• Definition
• Profit sharing and bonus plans
• IAS 19 Short-Term Employee Benefits
• Practical examples of treatments
• Types of short-term benefit
• Benefits that accrue
• Benefits that do not accrue
• Accounting treatment for short-term benefits

Reference: https://worldatwork.org/learn/courses/international-financial-reporting-standards-for-compensation-professionals?tab=virtual