Description: The format of the session is a number of presentations supporting open discussions.
The session is designed to assist those integrating, or preparing to integrate, IFRSs into their accounting education and research programmes. It includes: (i) IFRS curriculum development; (ii) effective teaching of principle based financial reporting standards; (iii) IFRS training; and (iv) IFRS research. Common myths about IFRSs are debunked and a comprehensive list of IFRS resources is provided.
The session is sponsored by the IASC Foundation, the International Section of the American Accounting Association and the International Association for Accounting Education and Research.
Field of Study: Accounting
Program Level: Intermediate
Intended Audience: The session is for those teaching, training or researching finacial reporting. It will be of particular interest to those that are in the process of including International Financial Reporting Standards (IFRSs) in their courses.
Format/Structure: Outline of the session
A Framework for Teaching IFRSs
Michael Wells
Director, IFRS Education Initiative, IASC Foundation
IFRS Curriculum Development & IFRS Resources
Donna Street
Professor of Accounting, University of Dayton, and President, IAAER
Teaching IFRS Judgments
Katherine Schipper
Professor of Accounting, Duke University, and former member, FASB
IFRS Training
Paul Munter
Partner, KPMG
IFRS Research
Mary Barth
Professor of Accounting, Stanford University, and former member, IASB
Myths, Mysteries and Misconceptions
Michael Wells
Director, IFRS Education Initiative, IASC Foundation
Learning Objective: After participating in this session you should know:
• alternative approaches to including IFRSs in a financial reporting course
• effective techniques for teaching principle based financial reporting standards
• where to find IFRS teaching resources
• ideas for undertaking IFRS research.
Prerequisites: none
Advanced Preparation Required: none