Overall Structure of IFRSs & IASs + IAS 1 Presentation of Financial Statements (Part A) скачать в хорошем качестве

Overall Structure of IFRSs & IASs + IAS 1 Presentation of Financial Statements (Part A)

Welcome to another comprehensive lecture by CA Majid Ali, where we explore the foundation of International Financial Reporting Standards (IFRSs) and the presentation requirements under IAS 1 — an essential starting point for every accounting and finance student or professional pursuing CA, ACCA, ICAEW, or CPA qualifications. 📖 Lecture Coverage 🔹 Part 1 – Overall Structure of IFRSs and IASs Objective and purpose of IFRS/IAS framework Structure and hierarchy: IFRS, IAS, IFRIC, and SIC Role of the Conceptual Framework for Financial Reporting Elements of financial statements (Assets, Liabilities, Equity, Income, Expenses) Qualitative characteristics of useful financial information Recognition, measurement, presentation, and disclosure principles 🔹 Part 2 – IAS 1: Presentation of Financial Statements Objective and scope of IAS 1 Components of a complete set of financial statements Fundamental accounting principles: ▫️ Fair presentation & compliance ▫️ Going concern ▫️ Accrual basis of accounting ▫️ Consistency, materiality, and aggregation Structure and content of key financial statements Classification of assets and liabilities (current vs. non-current) Disclosure requirements and comparative information 🎯 Learning Outcomes By the end of this lecture, you will: ✅ Understand the overall structure and purpose of IFRSs/IASs issued by IASB ✅ Know how IAS 1 forms the foundation for preparing IFRS-compliant financial statements ✅ Be able to explain the format, content, and principles of presentation as per IAS 1 ✅ Strengthen your understanding for academic exams and professional practice 📚 Best For CA, ACCA, ICAEW, CPA, and CFA students Accounting & Finance professionals preparing IFRS-based financial statements Auditors and educators seeking clarity on IFRS structure and presentation 🔔 Subscribe to CA Majid Ali for more detailed lectures on IFRS, IAS, Auditing, Financial Reporting, and Practical Examples with updated standards and disclosure practices. 📩 For queries or notes, comment below or connect on LinkedIn! #IAS1 #IFRS #FinancialReporting #CA #ACCA #ICAEW #CPA #AccountingStandards #CAMajidAli #PresentationOfFinancialStatements #ConceptualFramework #IFRSStructure