International Financial Reporting Standards (IFRS)

Lecture 1: Introduction to Standard Setting

Dr. Georgios Georgakopoulos, M1.05 g.georgakopoulos@uva.nl

Introduction IFRS course (I)

Objectives: knowledge of the main IFRS standards and being able to apply these standards
Alfredson, Keith, Ken Leo, Ruth Picker, Janice Loftus, Kerry Clark, and Victoria Wise, (2009). Applying International Financial Reporting Standards, 2nd edition, John Wiley & Sons. ISBN: 978-0-470-81967-8. Topics: week 1: introduction, framework, revenue recognition (ch 3), Inventory (ch 8) week 2: Intangibles (ch 10), Impairments (ch 12) week 3: Employee benefits (ch 15), share based payment (ch 6) week 4: PPE (ch 9), Leases (ch 13) week 5: Financial instruments (ch 5) week 6: Business Combination (ch 11), Consolidation techniques (h 21 26) Coordinator: Georgios Georgakopoulos (g.georgakopoulos@uva.nl)

Introduction (II)
6 lectures of 2 hours, and 6 tutorials of 2 hours Attendance is mandatory.
Assessment: *90% written exam not 1n A4 sheet will be allowed anymore this year *10% home assignments Homework *hand in at start of the tutorial class *maximum of two students *5 homework assignments, min 4 have to be handed in Blackboard Exams are scheduled as follow: Normal Exam: Monday 22/10/2012 (18:00 - 21:00) in World Fashion Centre Resit examination: Monday 7/1/2013 ( 18:00 - 21:00 ) in IWO 404A