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Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) Financial Statements
The following will be asked from you in the exam:
- Statement of income
- Statement of other comprehensive income
- Notes accompanying the accounts - the true source of information
- Statement of financial position
- Financial Statements
- Statement of cash flows
- Content of the key financial statements
WorldatWork T7 Exam Syllabus Topics:
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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:
- Determination of the conditions for a plan
- Categories of benefits that qualify and the conditions that determine these categories
- Treatment of the benefits provision/payments
- IAS 19 Termination Benefits


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