News
IASCA Finalizes Phase 3 of the Translation of the Framework- based Teaching Materials
27-Jan-2016
AMMAN - The International Arab Society of Certified Accountants (IASCA) finalizes phase 3 of the translation of the framework- based teaching materials issued by the International Financial Reporting Standards Foundation.
This phase focused on the accounting of the framework-based liabilities. It also addressed financial tools with property rights specification and futures.
The free-to-download teaching material is designed to assist those teaching IFRS to progressively develop in their students the ability to make the estimates and judgements that are necessary to apply IFRS and the IFRS for SMEs. This is in line with the IFRS Foundation’s strategic goal of supporting consistent application and implementation of IFRS Standards.
The material is tailored for students who are new to financial reporting and students close to qualifying as Chartered Accountants or Certified Public Accountants. The material includes case studies.