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⇱ Regulatory Accounting and Financial Reporting | Coursera


Regulatory Accounting and Financial Reporting

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Regulatory Accounting and Financial Reporting

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Gain insight into a topic and learn the fundamentals.
8 hours to complete
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
8 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Explain IFRS fundamentals and apply IFRS 1 first-time adoption requirements.

  • Evaluate financial statement impacts of IFRS transition and disclosures.

  • Analyze regulatory deferral accounting concepts under IFRS 14 standards.

Details to know

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Recently updated!

May 2026

Assessments

15 assignments

Taught in English

Build your subject-matter expertise

This course is part of the Financial Reporting and Accounting Standards Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate

There are 4 modules in this course

Learn how first-time adoption, regulatory accounting, disclosures, and reporting requirements shape transparent financial statements. This course helps learners build practical accounting knowledge for transition reporting, recognition, measurement, and case-based financial reporting decisions.

The course begins with the foundations of first-time adoption, helping learners understand the purpose, scope, and transition framework used when organizations move to global reporting standards. Learners will explore key adoption concepts and build a strong base for interpreting financial statements during transition. As the course progresses, learners examine disclosure requirements, comparative reporting, reconciliations, and revision concepts that support transparency and consistency in financial reporting. Practical examples help learners understand how financial information is presented and explained during adoption. The course also includes real-world applications and case-based learning, allowing learners to connect accounting principles with professional reporting decisions. Advanced sections cover regulatory deferral accounting, recognition, measurement, impairment, group accounting, and presentation requirements. What makes this course unique is its structured progression from foundational adoption concepts to advanced regulatory accounting applications. By the end of the course, learners will be able to interpret adoption requirements, analyze disclosures, apply regulatory accounting principles, and support accurate financial reporting in accounting, auditing, and finance roles.

This module introduces the fundamentals of International Financial Reporting Standards (IFRS) and IFRS 1, focusing on its purpose, scope, and transition framework to help learners build a strong conceptual foundation for first-time adoption.

What's included

8 videos4 assignments

8 videosβ€’Total 40 minutes
  • Introduction to IFRSβ€’10 minutes
  • What this IFRS 1 all Aboutβ€’4 minutes
  • Objective of IFRSβ€’1 minute
  • IFRS Scopeβ€’5 minutes
  • Local Gapβ€’5 minutes
  • IFRS Timelineβ€’4 minutes
  • IFRS Requirementsβ€’3 minutes
  • IFRS Exemptions and Exceptionsβ€’8 minutes
4 assignmentsβ€’Total 60 minutes
  • Graded - Foundations of IFRS 1 Adoptionβ€’30 minutes
  • Understanding IFRS and Its Purposeβ€’10 minutes
  • Scope and Transition Landscapeβ€’10 minutes
  • Core Requirements of IFRS 1β€’10 minutes

This module explores disclosure requirements, comparative reporting, and key revision concepts under IFRS 1, enabling learners to understand how financial information is presented and reconciled during transition.

What's included

6 videos3 assignments

6 videosβ€’Total 33 minutes
  • IFRS Disclosuresβ€’7 minutes
  • IFRS Disclosures Continuesβ€’4 minutes
  • Comparative Informationβ€’6 minutes
  • IFRS Quick Revisionβ€’6 minutes
  • IFRS Quick Revision Continueβ€’4 minutes
  • Impact of new Stds on this Entityβ€’6 minutes
3 assignmentsβ€’Total 50 minutes
  • Graded - Disclosures, Comparatives, and Revisionβ€’30 minutes
  • Mastering IFRS Disclosuresβ€’10 minutes
  • Quick Revision and Impact Analysisβ€’10 minutes

This module focuses on real-world applications of IFRS 1 concepts through case studies, regulatory scenarios, and examples, helping learners translate theoretical knowledge into practical accounting decisions.

What's included

7 videos4 assignments

7 videosβ€’Total 34 minutes
  • Assets Purchasedβ€’4 minutes
  • Application of FV Hedges Date Traditionsβ€’4 minutes
  • Working on Example 5β€’5 minutes
  • Introduction to Regulatory Deferral Accountsβ€’4 minutes
  • Scope Flow Chartβ€’5 minutes
  • Key Definitionsβ€’7 minutes
  • Key Definitions Continuesβ€’5 minutes
4 assignmentsβ€’Total 60 minutes
  • Practical Applications and Case-Based Learningβ€’30 minutes
  • Asset and Hedge Accounting Applicationsβ€’10 minutes
  • Hands-on Example and Regulatory Conceptsβ€’10 minutes
  • Understanding Scope and Definitionsβ€’10 minutes

This module covers advanced IFRS 14 topics, including recognition, measurement, impairment, group accounting, and presentation, enabling learners to handle complex financial reporting scenarios effectively.

What's included

11 videos4 assignments

11 videosβ€’Total 53 minutes
  • Recognition and Measurementβ€’7 minutes
  • More on Recognition and Measurementβ€’4 minutes
  • Initial Recognition and Measurementβ€’7 minutes
  • Subsequent Periodβ€’5 minutes
  • Service Concession Arrangementsβ€’4 minutes
  • Income taxβ€’2 minutes
  • Impairmentβ€’5 minutes
  • Group Considerationsβ€’5 minutes
  • Presentationsβ€’4 minutes
  • Disclosuresβ€’7 minutes
  • Conclusionβ€’4 minutes
4 assignmentsβ€’Total 40 minutes
  • Recognition, Measurement, and Advanced Topicsβ€’10 minutes
  • Recognition and Measurement Frameworkβ€’10 minutes
  • Subsequent Measurement and Special Topicsβ€’10 minutes
  • Group Reporting, Presentation, and Closureβ€’10 minutes

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Instructor

EDUCBA
1,591 Coursesβ€’326,930 learners

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