Accounting under IFRS | The American University of Iraq Sulaimani

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Accounting under IFRS

This course is designed to discuss the theoretical foundation of financial accounting, issues related to measurement, reporting of financial statements, and disclosure issues related to current assets. The course also provides information related to revenue recognition.

The second part of the course provides knowledge and skills for the preparation and understanding of financial information. Topics include accounting theory and practice, the conceptual framework of IFRS (International Financial Reporting Standard), recognition of economic transactions, preparation of financial statements and the related disclosures. The program focuses on intangible assets, long-term liabilities, stockholders, equity, and earnings per share (EPS), investments, revenue recognition, income taxes, accounting changes and error analysis, the statement of cash flows, and full disclosure in financial reporting.