Topic outline

  • This class will address IFRS 3, IFRS 9 and IAS 12 and the learning outcomes are summarized as follows:

    • Indicate Business Combinations step-by-step
    • Explain circumstances in which a financial asset or liability should be recognised
    • Calculate the amounts at which financial assets and financial liabilities should be measured on initial recognition and subsequently
    • Understand and calculate current tax as well as deferred tax assets and liabilities arising from temporary differences