
QAS Self-Study

Overview

CPE Credits
2 Credits: Accounting
Course Description
The IFRS In-Depth series provides a comprehensive understanding of various topics related to International Financial Reporting Standards (IFRS), the global accounting principles that provide the foundation for most of the world’s financial reporting. These standards establish the recognition, measurement, presentation, and disclosure requirements for transactions and events reflected in IFRS financial statements.
The growing acceptance of IFRS as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession. The International Accounting Standards Board (IASB) and their U.S. equivalent (the FASB) have committed to the convergence of U.S. GAAP and IFRS and are working to eliminate as many differences between the two standards as possible. In addition, the Securities and Exchange Commission has endorsed the outright adoption of IFRS in the United States. Therefore, it is clear that IFRS represents the future of financial accounting and reporting in the United States.
This course presents an overview of IFRS 8 Operating Segments, including a detailed discussion of the processes for identifying, aggregating and reporting operating segments in IFRS financial statements. The course also discusses the IASB’s and FASB’s efforts towards achieving convergence in segment reporting.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Explain the process for identifying operating segments under IFRS 8
- Identify reportable segments based on the guidelines and quantitative thresholds provided in IFRS 8
- Describe the disclosure requirements of IFRS 8
- Describe the similarities and differences between IFRS and U.S. GAAP in the area of segment reporting
Course Specifics
Course ID 1133294 |
Revision Date September 7, 2022 |
Number of Pages 49 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
Course Instructor

Michael J. Walker, CPA, is based in New England and has decades of accounting experience in the financial services, information technology services, and construction industries. He has an extensive technical accounting background that includes hands-on experience with U.S. GAAP and International Financial Reporting Standards (IFRS). His expertise includes accounting for financial instruments, securitizations, and other banking products. He graduated from Bentley University with a BS in finance and an MS in accountancy.
IFRS In-Depth: Segment Reporting
$58.00 – $78.00

QAS Self-Study

Overview

CPE Credits
2 Credits: Accounting
Course Description
The IFRS In-Depth series provides a comprehensive understanding of various topics related to International Financial Reporting Standards (IFRS), the global accounting principles that provide the foundation for most of the world’s financial reporting. These standards establish the recognition, measurement, presentation, and disclosure requirements for transactions and events reflected in IFRS financial statements.
The growing acceptance of IFRS as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession. The International Accounting Standards Board (IASB) and their U.S. equivalent (the FASB) have committed to the convergence of U.S. GAAP and IFRS and are working to eliminate as many differences between the two standards as possible. In addition, the Securities and Exchange Commission has endorsed the outright adoption of IFRS in the United States. Therefore, it is clear that IFRS represents the future of financial accounting and reporting in the United States.
This course presents an overview of IFRS 8 Operating Segments, including a detailed discussion of the processes for identifying, aggregating and reporting operating segments in IFRS financial statements. The course also discusses the IASB’s and FASB’s efforts towards achieving convergence in segment reporting.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Explain the process for identifying operating segments under IFRS 8
- Identify reportable segments based on the guidelines and quantitative thresholds provided in IFRS 8
- Describe the disclosure requirements of IFRS 8
- Describe the similarities and differences between IFRS and U.S. GAAP in the area of segment reporting
Course Specifics
Course ID 1133294 |
Revision Date September 7, 2022 |
Number of Pages 49 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
Course Instructor

Michael J. Walker, CPA, is based in New England and has decades of accounting experience in the financial services, information technology services, and construction industries. He has an extensive technical accounting background that includes hands-on experience with U.S. GAAP and International Financial Reporting Standards (IFRS). His expertise includes accounting for financial instruments, securitizations, and other banking products. He graduated from Bentley University with a BS in finance and an MS in accountancy.
IFRS In-Depth: Segment Reporting
$58.00 – $78.00