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

The course gives a detailed overview on the IFRS 1.
It explains as to how the IFRS need to be adopted for the entity of the first files financial statements that contain an explicit statement of compliance with IFRS.
It’s a small course and gives a brief overview on the objective, scope of IFRS, recognition and measurement, accounting policies, exemptions and exceptions, business combinations exemptions and existing IFRS subsidiaries.
All the concepts are explained extensively by the use of various case studies for the purpose of deep and insightful understanding.