Exam Code: T7
Exam Name: International Financial Reporting Standards for Compensation Professionals Exam
Certification Provider: WorldatWork
Corresponding Certification: Certified Compensation Professional (CCP)
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Introduction to International Financial Reporting Standards for Compensation Professionals (T7)Exam

This exam presents an introduction to International Financial Reporting Standards (IFRS). It will provide you with the understanding you need to interact effectively with accounting and finance departments in your company.

  • Examine International Accounting Standard 19 (IAS 19) short- and long-term benefits, as well as post-employment and termination benefits
  • Understand the objectives of financial reporting and how to identify and work with key stakeholders
  • Explore an overview of IFRS and the International Accounting Standards Board (IASB)
  • Determine how financial statements relate to your compensation and benefits work.

WorldatWork T7 Exam Syllabus Topics:

TopicDetails
Topic 1
  • The objectives of the IASB
Topic 2
  • Relationship between the conceptual framework and stakeholders
Topic 3
  • Concept of accrual accounting.

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

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For more info read reference:

WorldatWork Training

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How to Prepare For International Financial Reporting Standards for Compensation Professionals (T7)

Preparation Guide for International Financial Reporting Standards for Compensation Professionals (T7)

Introduction

WorldatWork is a global association for human resources management professionals and business leaders focused on attracting, motivating, and retaining employees. WorldatWork works to promote the role of human resources as a profession, offering training and certification in compensation, benefits, work-life, and total rewards. Founded in 1955 and known for most of its history as the American Compensation Association.

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