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 cash flows
• Statement of income
• Notes accompanying the accounts - the true source of information
• Statement of other comprehensive income
• Content of the key financial statements
• Statement of financial position
• Financial Statements

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Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) Objectives of Financial Reporting

The following will be asked from you in the exam:

• Objectives of Financial Reporting
• Providing information to the stakeholders of the organization
• Who are the stakeholders?
• Relationship between the conceptual framework and stakeholders

Who should take the International Financial Reporting Standards for Compensation Professionals (T7) Exam

The International Financial Reporting Standards for Compensation Professionals (T7) Exam certification is for those individuals pursuing their GRP or CCP Canada or for Human Resources and Compensation Professionals who have global responsibility for compensation and rewards programs for countries outside of the U.S.

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