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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:
- Accounting treatment of other long-term benefits
- Benefits that are accrued
- Benefits that are immediately expensed
- IAS 19 Other long-term benefits
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.
How to study the International Financial Reporting Standards for Compensation Professionals (T7) Exam
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WorldatWork T7 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Introduction to IFRS | 20% | - IFRS vs. other reporting frameworks - Purpose and scope of IFRS - IASB structure and objectives |
| IFRS Application & Disclosure | 10% | - Impact on compensation decisions - Disclosure requirements - Financial statement implications |
| IAS 19 Employee Benefits | 30% | - Long-term benefits and termination benefits - Post-employment benefits - Short-term employee benefits |
| IFRS Conceptual Framework | 20% | - Elements of financial statements - Financial reporting objectives - Recognition and measurement principles |
| IFRS 2 Share-Based Payment | 20% | - Recognition and measurement rules - Expense recognition and disclosure - Equity-settled vs. cash-settled plans |
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We still understand the effort, time, and money you will invest in preparing for your WorldatWork certification T7 exam, which makes failure in the exam really painful and disappointing. Although we cannot reduce your pain and disappointment but we can certainly share with you the financial loss.
This means that if due to any reason you are not able to pass the T7 actual exam even after using our product, we will reimburse the full amount you spent on our products. you just need to mail us your score report along with your account information to address listed below within 7 days after your unqualified certificate came out.
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