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Last Updated: Aug 14, 2026

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Topics of International Financial Reporting Standards for Compensation Professionals (T7)Exam

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Reference: https://worldatwork.org/learn/courses/international-financial-reporting-standards-for-compensation-professionals?tab=virtual

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.

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

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WorldatWork T7 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: IFRS 2 Share-Based Payment20%- Recognition and measurement rules
- Expense recognition and disclosure
- Equity-settled vs. cash-settled plans
Topic 2: IFRS Conceptual Framework20%- Recognition and measurement principles
- Elements of financial statements
- Financial reporting objectives
Topic 3: IAS 19 Employee Benefits30%- Short-term employee benefits
- Long-term benefits and termination benefits
- Post-employment benefits
Topic 4: Introduction to IFRS20%- IFRS vs. other reporting frameworks
- Purpose and scope of IFRS
- IASB structure and objectives
Topic 5: IFRS Application & Disclosure10%- Impact on compensation decisions
- Disclosure requirements
- Financial statement implications

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