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Topics of International Financial Reporting Standards for Compensation Professionals (T7)Exam

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Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) Objectives of Financial Reporting

The following will be asked from you in the exam:

• Objectives of Financial Reporting
• Relationship between the conceptual framework and stakeholders
• Providing information to the stakeholders of the organization
• Who are the stakeholders?

Reference: https://worldatwork.org/learn/courses/international-financial-reporting-standards-for-compensation-professionals?tab=virtual

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Who should take the International Financial Reporting Standards for Compensation Professionals (T7) Exam

The International Financial Reporting Standards for Compensation Professionals (T7) Exam certification is for those individuals pursuing their GRP or CCP Canada or for Human Resources and Compensation Professionals who have global responsibility for compensation and rewards programs for countries outside of the U.S.

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:

• IAS 19 Other long-term benefits
• Benefits that are immediately expensed
• Benefits that are accrued
• Accounting treatment of other long-term benefits

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