BC Skills Academy

IFRS — Expert

Advanced judgement across consolidations, hedging, IFRS 17, sustainability and the 2027 presentation regime

Key facts

About the IFRS — Expert certification

The capstone of the IFRS ladder, for preparers, technical accountants, auditors and controllers who must apply the standards where judgement is hardest and the guidance is newest. It is built around advanced application rather than recall. You will work through complex group accounting — piecemeal (step) acquisitions with remeasurement of a previously held interest, partial disposals with and without loss of control, changes in ownership that retain control treated as equity transactions, and the consolidation and translation of foreign subsidiaries under IAS 21 and IFRS 10. You will master hedge accounting in depth (fair value, cash flow and net investment hedges, documentation and effectiveness), the 10% test for modifying financial liabilities, embedded derivatives and the own-use exemption. Dedicated modules cover IFRS 17 Insurance Contracts (the General Measurement Model, the Premium Allocation Approach and the Variable Fee Approach, the contractual service margin and risk adjustment); the ISSB sustainability standards IFRS S1 and S2 with Scope 1/2/3 emissions and scenario analysis; and the new presentation regime — IFRS 18 (effective 2027, replacing IAS 1) and IFRS 19. It closes with IFRS 1 first-time adoption, IFRIC 23 and an integrated multi-standard capstone. Illustrated throughout with Mermaid diagrams, journal entries and fully worked numeric examples.

Course outline

The IFRS Mastery — Illustrated Study Guide (Expert) course covers:

  1. Advanced Group Accounting — Step (piecemeal) acquisitions and changes in ownership that retain control; partial disposals with and without loss of control; and consolidating… (2 lessons)
  2. Advanced Financial Instruments — Hedge accounting in depth (fair value, cash flow and net investment hedges), documentation and effectiveness; the modification and derecognition of… (2 lessons)
  3. IFRS 17 Insurance Contracts — Scope and the three measurement models — the General Measurement Model (Building Block Approach), the Premium Allocation Approach and the Variable… (2 lessons)
  4. Sustainability and the Future of Reporting — The ISSB and the IFRS Sustainability Disclosure Standards — IFRS S1 (general requirements) and IFRS S2 (climate); the four pillars; Scope 1/2/3… (2 lessons)
  5. The New Presentation Regime — IFRS 18 (effective 2027, replacing IAS 1) — the operating/investing/financing categories, the new required subtotals and management-defined… (2 lessons)
  6. Judgement, First-time Adoption and Capstone — IFRS 1 first-time adoption (the opening IFRS statement of financial position, mandatory exceptions and optional exemptions); IFRIC 23 uncertain tax… (2 lessons)

Prerequisites

Frequently asked questions

Is the IFRS — Expert certificate verifiable?
Yes. Every certificate issued by BC Skills Academy carries a unique credential ID that anyone can check on the public verification page.
How is the IFRS — Expert exam structured?
It is a timed, randomized multiple-choice exam of 70 questions in 180 minutes, graded instantly; you need 78% to pass.
Can I get a refund?
Full refund within 7 days of purchase if you have not started the exam. Once the exam has been started or completed, the purchase is no longer refundable.

Related certifications