International finanacial reporting standards

Abstract

This academic publication, titled "International Financial Reporting Standards (IFRS)," is a guided lecture series designed for first-year Master’s students in Accounting and Auditing at the University of Algiers 3. The primary objective of the module is to equip students with comprehensive knowledge of essential standards governing financial instruments and business combinations. The content is structured into two main chapters: the first covers IFRS related to financial instruments, including disclosure (IFRS 7), recognition and measurement (IFRS 9), and fair value measurement (IFRS 13). The second chapter focuses on the compilation of accounts and corporate mergers, detailing procedures for consolidated financial statements under IFRS 10, 11, and 12. Each section integrates theoretical foundations with practical applications and case studies to enhance students' analytical skills. By the end of the course, students are expected to understand the complexities of international economic transactions and the role of unified standards in ensuring transparency. The publication also addresses critical concepts such as fair value hierarchy, share-based payments, and earnings per share. Furthermore, it outlines the historical evolution of these standards and the transition from IAS to IFRS. Evaluation methods include written exams and continuous assessment through practical exercises. Ultimately, this work serves as a vital reference for students to navigate the modern international accounting environment effectivel