You are on page 1of 1

SUBJECT: IFRS 4000 – UPDATES IN FINANCIAL REPORTING STANDARDS

SCHEDULE: EVERY WEDNESDAY (05:30PM – 08:30PM)


COURSE REQUIREMENT:
SUMMARIZED ACCOUNTING/ FINANCIAL REPORTING STANDARDS
The students are to submit three (3) summarized standards per meeting which should be in two
(2) copies. One handwritten on a yellow paper and another is a photocopy of the handwritten
summarized standard. Every summarized standard must include:
a. The Title;
b. Objective and Scope;
c. Definitions;
d. Recognition;
e. Initial Measurement;
f. Subsequent Measurement;
g. Disclosure; and
h. Other essential provisions.
Content of the requirement must only include those that are essential and useful in accordance
with the professional judgement of the student. However, abovementioned elements must
always be present.
NOTE: Kindly make sure that words written are legible.

You might also like