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Higher School of Economics

International Financial Reporting Standards-1

Higher School of Economics via Coursera

This course may be unavailable.

Overview

This course will provide students with knowledge on the formation and adoption of the international financial reporting standards, their basic concepts, and the requirements for the preparation and content of the financial statements used in the international practice. It will also prepare them for practical issues on financial reporting.

This Course is part of HSE University Master of Business Analytics degree program. Learn more about the admission into the program and how your Coursera work can be leveraged if accepted into the program here https://inlnk.ru/bvD1E.

Syllabus

  • The Conceptual and Regulatory Framework for Financial Reporting
    • Welcome to the first week of our IFRS-1 course! This course is supposed to introduce you to the very basics of IFRS. If you are looking for the deeper knowledge in IFRS and Financial Accounting, you are advised to consider other courses within our Degree Masters Program (e.g., IFRS-2). In this first week you will learn the very basics of Financial Reporting. We will have a closer look at the principle elements of financial statements and discuss the possible frameworks for Financial Reporting. At the same time you will have chance to learn more about qualitative characteristics of financial information, recognition and measurement and accounting information system.
  • An Overview of The Standards: Accounting for Assets and Financial Instruments
    • In the second week of our course we will dive into accounting for assets and financial instruments. We will have a closer look at both tangible non-current and intangible assets. We will also discuss impairment of assets and talk about basic features of inventory and biological assets. After going through all that you will be introduced to accounting for financial instruments.
  • Recording Transactions and Events
    • In the third week of our course we will continue our exploration of reporting standards for different types of company's assts and liabilities. This week's topic are very diverse and will include such themes as Accounting Policies, Estimates and Errors, different types of Liabilities, Valuation of Inventories and Depreciation and Impairments. We will also start to look into Reporting Financial Performance.
  • How to Prepare Financial Statements
    • Our fourth week is dedicated to studying different types of financial statements. We will look all the key components of company's reporting, such as Statement of Financial Position, P&L, Statement of Changes in Equity, Statement of Cash Flow and Trial Balance. All this will be done with the help of our guest Irina Kotlyarova, Financial Planning and Analysis Manager in JTI. In the last video we will discuss how to work around various events, which occur after reporting period.
  • Cash Flows: Introduction and Basic Definitions
    • In this week of our course we will look deeper into Cash Flows Analysis. Our expert, Irina Kotlyarova, Financial Planning and Analysis Manager in JTI, will guide you through all three types of Cash Flows from Operating to Financial and Investment activities and how to calculate them.
  • How to Analyze and Interpret the Financial Statements
    • The last week of our course is all about Financial Statements and Ratio analysis. We will look at limitations which may occur during your work with different Financial Statements. After this week you will also know how to calculate all crucial ratios, which include Liquidity, Solvency, Profitability and Market Value Ratios.

Taught by

Anna Vysotskaya

Reviews

5.0 rating, based on 2 Class Central reviews

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  • Profile image for Aya Mahmoud Ali
    Aya Mahmoud Ali
    الكورس يبدو رائع اتمنى أتمنى أن أقوم بدراسته والحصول على شهادته فهي من الشهادات وثيقة الصلة بمجال دراستي وعملي

    ولكم جزيل الشكر
  • Anonymous
    الكورس يبدو رائع اتمنى أتمنى أن أقوم بدراسته والحصول على شهادته فهي من الشهادات وثيقة الصلة بمجال دراستي وعملي

    ولكم جزيل الشكر

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