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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.

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

Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) IAS 19 Purpose and Scope

The following will be asked from you in the exam:

• Accounting treatment for short-term benefits
• Benefits that accrue
• Definition
• Practical examples of treatments
• IAS 19 Short-Term Employee Benefits
• Benefits that do not accrue
• Profit sharing and bonus plans
• Types of short-term benefit

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What is the duration, language, and format of 2VB-602:vSphere 6.5 Foundations

• Length of Examination: 120 minutes
• Passing Score: 70%
• Type of Questions: Single and Multiple Choice.
• Language: English
• Number of Questions: 60

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