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The following will be asked from you in the exam:
International Financial Reporting Standards for Compensation Professionals (T7) Exam is foundation level Certification. There is no prerequisite for this course. Anyone who is having keen interest and familiar with HR principles are well invited to pursue this certification.
The following will be asked from you in the exam:
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| Section | Weight | Objectives |
|---|---|---|
| IAS 19 Employee Benefits | 30% | - Short-term employee benefits - Post-employment benefits - Long-term benefits and termination benefits |
| IFRS Application & Disclosure | 10% | - Financial statement implications - Impact on compensation decisions - Disclosure requirements |
| IFRS 2 Share-Based Payment | 20% | - Equity-settled vs. cash-settled plans - Expense recognition and disclosure - Recognition and measurement rules |
| Introduction to IFRS | 20% | - IASB structure and objectives - Purpose and scope of IFRS - IFRS vs. other reporting frameworks |
| IFRS Conceptual Framework | 20% | - Financial reporting objectives - Recognition and measurement principles - Elements of financial statements |
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