The increasing pace of global conformance towards the adoption of International Financial Reporting Standards (IFRS) highlights the need for accounting students as well as accounting practitioners to be conversant with IFRS. Teaching IFRS offers expert descriptions of, and insights into, the IFRS convergence process from a teaching and learning perspective. Hence this book is both timely and likely to have considerable impact in providing guidance for those who teach financial reporting around the world.
The contents of the book come from authoritative sources and offer something distinctive to complement the existing textbooks which typically focus on the technical aspects of IFRS and their adoption. Drawing upon the experiences of those who have sought to introduce IFRS-related classroom innovations and the associated student outcomes achieved therefrom, the book offers suggestions about how to design and deliver courses dealing with IFRS and catalogues extensive listings of IFRS-related teaching resources to support those courses.
This book was originally published as a special issue of Accounting Education: An international journal.
Richard M.S. Wilson has devoted his career to boundary-spanning (e.g. as practitioner as well as professor, across disciplines, and in different geographic jurisdictions). He is Emeritus Professor of Business Administration & Financial Management, and Visiting Professor in the Department of Information Science, at Loughborough University, UK, and the founding editor of Accounting Education: an international journal. He is a fellow of the ACCA and CIMA, and holds two Life-time Achievement Awards - one of which is for his work in the field of Accounting Education. Ralph W. Adler is Professor of Accounting at the University of Otago, New Zealand. He has taught graduate and undergraduate students in the USA and New Zealand for more than 25 years. He is a CPA (USA) and CA (New Zealand), and is presently the Chairman of the Performance Measurement Association of Australasia. He is the past holder of the Coopers and Lybrand Peter Barr Fellowship and the American Chamber of Commerce Business Education Fellowship.
Introduction Richard M S Wilson and Ralph W Adler Chapter 1. A Framework-Based Approach to Teaching Principle-Based Accounting Standards Michael J.C. Wells Chapter 2. IFRS Teaching Resources: Available and Rapidly Growing Robert K. Larson & Donna L. Street Chapter 3. Teaching IFRS in Brazil: News from the Front Alexsandro Broedel Lopes Chapter 4. Experiential Learning via an Innovative Inter-University IFRS Student Video Competition Mark Holtzblatt & Norbert Tschakert Chapter 5. Framework-Based Teaching of IFRS: The Case of Deutsche Bank Eva K. Jermakowicz & Robert D. Hayes Chapter 6. Framework-Based Teaching of IFRS: The Case of Deutche Bank - Teaching Notes Eva K. Jermakowicz & Robert D. Hayes Chapter 7. Framework-Based Teaching of IFRS: The Case of Deutsche Bank - Case Learning Objectives and Implementation Guidance Eva K. Jermakowicz & Robert D. Hayes Chapter 8. Framework-Based Teaching of IFRS Judgements Christopher Hodgdon, Susan B. Hughes & Donna L. Street Chapter 9. International Financial Reporting Standards: expanding standards, expanding geographically, expanding literature David E. Tyrrall & Caroline Aggestam Chapter 10. IFRS Resources for Educators Paul Pacter