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The material is presented in four parts:
i. Stage 3 material covering the IAS 8 hierarchy. This material focuses on enhancing the students’ ability to make the judgements that are necessary when there is no IFRS that specifically applies to a transaction, other event or condition. To do so effectively, the material includes a comprehensive case study that a teacher could use to explore, in class discussion, the judgements about the accounting and reporting of economic phenomena that are unfamiliar to the students.
ii. A series of multimedia presentations introducing IFRS teachers to Framework based teaching and to each part of the more comprehensive materials that are available.
iii. Updated Stages 1–3 material covering non-financial assets (2014 edition).
iv. New and updated Chinese-language, Portuguese-language and Spanish language translations of the material covering the IAS 8 hierarchy and non-financial assets.