Title Details

Irene M. Wiecek, FCA is a faculty member of the University of Toronto at Mississauga and is cross-appointed to the Joseph L. Rotman School of Management. She teaches financial reporting in various programs including the Commerce Program and the Master of Management & Professional Accounting Program. The Associate Director of the MMPA Program for many years, she co-founded and is Co-Director of the ICAO/Rotman Centre for Innovation in Accounting Education, which supports and facilitates innovation in accounting education. Irene has been involved in professional accounting education for over twenty years both at the Institute of Chartered Accountants of Ontario and the CICA, teaching and developing case/program material in various programs including the ICAO School of Accountancy. She helped create and currently directs the CICA In-depth GAAP Program. In the area of standard setting, she is Chair of the Canadian Academic Accounting Association Financial Accounting Exposure Draft Response Committee. Irene is a member of the CICA Qualifications Committee which provides leadership, direction and standards for admission into the CA profession. She is the recipient of the MMPA Faculty of the Year award for 2004 and 2006.

Nicola M. Young, MBA, FCA is a Professor of Accounting in the Sobey School of Business at Saint Mary's University in Halifax, Nova Scotia where her teaching responsibilities have varied from the introductory offering to final year advanced financial accounting courses to the survey course in the Executive MBA program. She is the recipient of teaching awards, and has contributed to the academic and administrative life of the university through chairing the Department of Accounting, membership on the Board of Governors, the Pension and other Committees. Nickie was associated with the Atlantic School of Chartered Accountancy for over twenty-five years in a variety of roles, including program and course development, teaching, and program reform.?In addition to contributions to the accounting profession at the provincial level, Nickie has served on national boards of the Canadian Institute of Chartered Accountants dealing with licensure and education. For the last fifteen years, she has worked with the CICA's Public Sector Accounting Board as an Associate, as a member and chair of the Board, and as chair and member of PSAB Task Forces.

Introduction and Reporting Basics

1 Introduction and IAS Framework

2 Presentation of Financial Statements: IAS 1

3 Statement of Cash Flows: IAS 7

4 Non-current Assets Held for Sale and Discontinued Operations: IFRS 5

5 Provisions, Contingent Liabilities and Contingent Assets: IAS 37

6 Revenue: IAS 18

SECTION 2:

Non-financial Assets

7 Inventories: IAS 2

8 Construction Contracts: IAS 11

9 Agriculture: IAS 41

10 Property, Plant and Equipment: IAS 16

11 Investment Property: IAS 40

12 Exploration for and Evaluation of Mineral

Resources: IFRS 6

13 Borrowing Costs: IAS 23

14 Accounting for Government Grants and Disclosure of Government Assistance: IAS 20 C O N T E N T S

15 Intangible Assets: IAS 38

16 Impairment of Assets: IAS 36

SECTION 3:

Financial Assets and Liabilities

17 Basic Financial Instruments: IAS 32, IAS 39, and IFRS 7

18 Financial Instruments—Recognition and Measurement: IAS 39

19 Financial Instruments—Presentation: IAS 32

20 Financial Instruments—Disclosure: IFRS 7

SECTION 4:

Special Topics

21 Accounting Policies, Changes in Accounting Estimates and Errors: IAS 8

22 Events After the Reporting Period: IAS 10

23 Income Taxes: IAS 12

24 Leases: IAS 17

25 Employee Benefi ts: IAS 19

26 Related Party Disclosures: IAS 24

27 Earnings per Share: IAS 33

28 Interim Financial Reporting: IAS 34  

29 Share-based Payment: IFRS 2  

SECTION 5

Reporting Entity

30 Investments in Associates: IAS 28  

31 Business Combinations: IFRS 3  

32 Consolidated and Separate Financial Statements: IAS 27  

33 Interests in Joint Ventures: IAS 31

34 Operating Segments: IFRS 8  

35 The Effects of Changes in Foreign Exchange Rates: IAS 21

SECTION 6:

Specialized Applications

36 Specialized Industries and Hyperinfl ation: IFRS 4, IAS 26, IAS 29

37 First-time Adoption of International Financial Reporting Standards: IFRS 1