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Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) IAS 19 Purpose and Scope

The following will be asked from you in the exam:

  • Benefits that accrue
  • Definition
  • IAS 19 Short-Term Employee Benefits
  • Benefits that do not accrue
  • Accounting treatment for short-term benefits
  • Types of short-term benefit
  • Profit sharing and bonus plans
  • Practical examples of treatments

Reference: https://worldatwork.org/learn/courses/international-financial-reporting-standards-for-compensation-professionals?tab=virtual

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International Financial Reporting Standards for Compensation Professionals (T7)Exam Certified Professional salary

The average salary of a International Financial Reporting Standards for Compensation Professionals (T7) Exam Certified Expert in

  • Europe - 70,500 EURO
  • United State - 100,200 USD
  • England - 75,000 POUND
  • India. - 14,00,327 INR

WorldatWork T7 Exam Syllabus Topics:

SectionObjectives
Topic 1: IFRS Foundations for Compensation Professionals- Key accounting principles relevant to compensation
- Overview of IFRS framework
Topic 2: Equity-Based Compensation under IFRS- Stock options and restricted stock accounting treatment
- Share-based payment recognition and measurement (IFRS 2)
Topic 3: Financial Reporting and Disclosure Requirements- Compensation-related disclosures in financial statements
- Reporting transparency and compliance requirements
Topic 4: Employee Benefits Accounting- Short-term and long-term employee benefits
- Pension and post-employment benefit obligations

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