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Preparation Guide for International Financial Reporting Standards for Compensation Professionals (T7)
Introduction
WorldatWork is a global association for human resources management professionals and business leaders focused on attracting, motivating, and retaining employees. WorldatWork works to promote the role of human resources as a profession, offering training and certification in compensation, benefits, work-life, and total rewards. Founded in 1955 and known for most of its history as the American Compensation Association.
| Section | Objectives |
|---|---|
| IFRS Foundations for Compensation Professionals | - Overview of IFRS framework - Key accounting principles relevant to compensation |
| Equity-Based Compensation under IFRS | - Stock options and restricted stock accounting treatment - Share-based payment recognition and measurement (IFRS 2) |
| Employee Benefits Accounting | - Short-term and long-term employee benefits - Pension and post-employment benefit obligations |
| Financial Reporting and Disclosure Requirements | - Compensation-related disclosures in financial statements - Reporting transparency and compliance requirements |
Business Acumen for Compensation Professional
T4: Strategic Communication in Total Rewards
C2: Job Analysis - Documentation and Evaluation
Quantitative Principles in Compensation Management
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