IFRS - General Financial Statement Disclosures 1 CPE

There are certain general disclosures that every financial statement preparer should be familiar with.  This course covers common disclosures such as: the statement of cash flows, accounting policies, errors, estimates, subsequent events, related party relationships, provisions, and contingencies.

Prerequisites

No advanced preparation or prerequisites are required for this course.

Learning Objective

• Explore key considerations when preparing the statement of cash flows per International Accounting Standard (IAS) 1 - Presentation of Financial Statements.
• Discover special considerations related to accounting policies, errors, and estimates in accordance with International Accounting Standard (IAS) 8 - Accounting Policies, Changes in Accounting Estimates and Errors.
• Recognize when to present or disclose events subsequent to the reporting period end under International Accounting Standard (IAS) 10 - Events After the Reporting Period.
• Explore risks associated with related party relationships per International Accounting Standard (IAS) 24 - Related Party Disclosures.
• Discover the proper accounting and disclosure of provisions and contingencies under International Accounting Standard (IAS) 37 - Provisions, Contingent Liabilities and Contingent Assets.

Last updated/reviewed: September 18, 2026