Korea IFRS Manager study guide
Korea IFRS Manager · Work through your exam, one topic at a time.
K-IFRS 관리사(IFRS Manager)는 한국채택국제회계기준(K-IFRS)을 실제 재무제표 작성과 검토에 적용할 수 있는지를 평가하는 실무 중심의 자격 시험입니다. 출제 범위는 개념체계와 재무제표 표시·회계정책(IAS 1·8·10), 수익인식(IFRS 15), 리스(IFRS 16), 금융상품(IFRS 9·7), 연결·사업결합·관계기업(IFRS 10·3·IAS 28), 유형자산·무형자산·손상·투자부동산(IAS 16·38·36·40), 충당부채·종업원급여·주식보상(IAS 37·19·IFRS 2), 법인세와 공정가치 측정(IAS 12·IFRS 13)으로 구성되며, 문항은 전부 객관식입니다. The Korea IFRS Manager study guide has 8 sections and about 2,405 words.
01Conceptual Framework, IAS 1, IAS 8 and IAS 10
This domain tests the IAS 1 presentation requirements, the IAS 8 hierarchy and retrospective versus prospective mechanics, and the IAS 10 adjusting/non-adjusting distinction. The 2018 Conceptual Framework supplies the objective, qualitative characteristics, elements, recognition, measurement and derecognition.
296 words, about 1 min02Revenue from Contracts with Customers (IFRS 15)
This domain tests the five-step model and its judgement areas: distinct performance obligations, variable consideration constraint, transaction-price allocation and whether revenue is recognised over time or at a point in time. A contract exists only if it is enforceable, has commercial substance, collection is probable, and the parties' rights and payment terms can be identified.
328 words, about 2 min03Leases (IFRS 16)
This domain tests lease identification, lease term, measurement of the lease liability and right-of-use asset, lessor classification and sale-and-leaseback accounting. A lease exists if the contract conveys the right to control the use of an identified asset for a period in exchange for consideration.
329 words, about 2 min04Financial Instruments (IFRS 9 and IFRS 7)
This domain tests SPPI and business-model classification, amortised cost, FVOCI and FVTPL, expected credit losses, modification and derecognition, and IFRS 7 risk disclosures. A financial asset is at amortised cost only if the business model is to hold to collect contractual cash flows and those cash flows are solely payments of principal and interest.
296 words, about 1 min05Consolidation, Business Combinations and Associates
This domain tests control under IFRS 10, the acquisition method under IFRS 3, non-controlling interests, step acquisitions, and significant influence and equity accounting under IAS 28. Control requires power over the investee, exposure to variable returns, and the ability to use power to affect those returns.
287 words, about 1 min06Non-current Assets: PP&E, Intangibles, Impairment and Investment Property
This domain tests cost and revaluation models, depreciation, development capitalisation, impairment of CGUs, and the investment property fair value model. IAS 16 requires component depreciation and annual review of useful lives and residual values.
283 words, about 1 min07Provisions, Employee Benefits and Share-based Payment
This domain tests IAS 37 recognition and measurement, IAS 19 defined benefit mechanics and IFRS 2 equity and cash-settled awards. A provision requires a present obligation from a past event, a probable outflow and a reliable estimate.
298 words, about 1 min08Income Taxes and Fair Value Measurement
This domain tests temporary differences, DTA recognition, tax bases, expected reversal rates and the IFRS 13 hierarchy. Deferred tax arises on temporary differences between carrying amount and tax base.
288 words, about 1 min