Financial Reporting Standards - Video

This video by Arif Irfanullah provides a very clear understanding of the Financial Reporting Standards as a part of the CFA Level 1 syllabus. This first video talks about:

  • Objective of Financial Statements
  • Importance of Reporting Standards
  • Standard Setting Bodies
  • IASB - Stated Goals
  • International Organization of Securities COmmissions (IOSCO)
  • Barriers to Developing One Standard (Convergence)
  • IASB Framework
  • IASB General Requirements
  • FASB Vs. IFRS GAAP Frameworks
  • Characteristics of Effective Framework; Barriers
  • Standard Setting Approach

Related Downloads