Financial Instruments: Presentation under IAS 32
Description
Distinguishing between a financial liability and equity instrument may be challenging. IAS 32 defines these instruments and provides principles on how to properly classify them under IFRS. This eLearning, providing 1.0 hours of CPE, takes learners through these critical definitions and highlights the accounting consequences of each classification. IAS 32 and this course also addresses balance sheet offsetting and when financial assets and liabilities may be presented “net” in the statement of financial position. It may be a challenging topic, but this course will get you well on your way to proper classification and presentation of financial instruments under IFRS.
Learning Objectives
By the end of this course, you should be able to:
- Recall the definition of a financial liability under IAS 32
- Classify an instrument as a financial liability or equity instrument and determine its appropriate presentation in the balance sheet
- Identify when a financial asset may be offset with a financial liability for the purposes of presentation in the balance sheet
Additional Information
| Last Updated | 08/01/2025 |
|---|---|
| CPE Credit | 1.0 |
| Field of Study | Accounting |
| Instructional Delivery Method | QAS Self Study |
| Knowledge Level | Overview |
| Prerequisites | None |
| Advanced Preparation | None |
| Expiration | This course, collection, or subscription expires one year from the date of purchase. The post-course assessment for each course must be satisfactorily completed, as evidenced by a passing grade of at least 70%, by the expiration date to be awarded any qualifying continuing professional education (CPE) credit. |
| Refund or Cancellation Policy | For more information regarding refunds, concerns, and program cancellation policies, please contact the GAAP Dynamics Support Team via email at support@gaapdynamics.com or call (804) 897-0608. |
$120
1h 00m
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