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Introduction to International Financial Reporting Standards for Compensation Professionals (T7)Exam

This exam 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.

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

International Financial Reporting Standards for Compensation Professionals (T7)Exam Certified Professional salary

The average salary of a International Financial Reporting Standards for Compensation Professionals (T7) Exam Certified Expert in

• India. - 14,00,327 INR
• United State - 100,200 USD
• Europe - 70,500 EURO
• England - 75,000 POUND

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

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

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