Free online financial reporting tools from Deloitte
As global capital markets become increasingly integrated, many countries are moving to International Financial Reporting Standards (IFRS). For example, in the European Union, companies with publicly traded shares or debt on a European exchange must use IFRS for their financial reporting for year ends beginning on or after 1 January 2005. Research by the world's six largest accountancy firms shows that an overwhelming majority of countries — more than 90 percent of a total 59 countries surveyed — intend to converge with International Financial Reporting Standards (IFRS).
"Points the way to how the future of technical accountancy training will look."
Viv Cole, Accounting Web
Is your company ready?
Deloitte has developed a series of IFRS training modules which are offered free (upon registration) as a public service. Each module (approximate size: 3MB) can be downloaded as a .zip file and provides:
- Real life scenarios to demonstrate application of the standards
- "Coach me" sections to explain the principles and theory
- Worked examples to show aspects of the standards in action
- Reference materials to support learning
- Printable certificate if you pass the assessment at the end of each module
Register for IFRS e-learning
Thousands of users from more than 130 countries have already registered and are using the modules. As of January 2007, the number of downloads surpassed one million. Many major corporates have chosen to use the Deloitte IFRS e-learning as their primary tool for educating their staff on IFRS, and have installed the e-learning modules on their own intranets.
We recommend that first time users download the module "Using IFRS e-learning" as this short module provides an introduction to the content and will help you get the best out of the other modules.
Go to the Deloitte IFRS e-learning page to register for and access the e-learning modules.
Available modules:
- Using IFRS e-Learning
- IAS 1 Presentation of Financial Statements
- IAS 2 Inventories
- IAS 7 Cash Flow Statements
- IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors
- IAS 10 Events After the Balance Sheet Date
- IAS 11 Construction Contracts
- IAS 12 Income Taxes
- IAS 14 Segment Reporting
- IAS 16 Property, Plant and Equipment
- IAS 17 Leases
- IAS 18 Revenue
- IAS 19 Employee Benefits
- IAS 21 The Effects of Changes in Foreign Exchange Rates
- IAS 23 Borrowing Costs
- IAS 24 Related Party Disclosures
- IAS 27 Consolidated and Separate Financial Statements
- IAS 28 Investments in Associates
- IAS 29 Financial Reporting in Hyperinflationary Economies
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- IAS 31 Financial Reporting of Interests in Joint Ventures
- IAS 32/39 Accounting for Financial Instruments
- IAS 32/39 Hedge Accounting
- IAS 32/39 Derecognition of Financial Instruments
- IAS 33 Earnings per share
- IAS 34 Interm Financial Reporting
- IAS 36 Impairment of Assets
- IAS 37 Provisions, Contingent Liabilities and Contingent Assets
- IAS 38 Intangible Assets
- IAS 40 Investment Property
- IAS 41 Agriculture
- Framework for the Preparation and Presentation of Financial Statements
- IFRS 1 First time Adoption of International Financial Reporting Standards
- IFRS 2 Share-based Payments
- IFRS 3 Business Combinations
- IFRS 5 Non-current Assets Held for Sale and Discontinued Operations
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Register for IFRS e-learning