International Financial Reporting Standards for the Real Property Appraiser

Some AI educational programs may not be approved in every state.

Students should check state approvals prior to registering for any Appraisal Institute program.

To register for this program, go to the bottom of the page.



Who should enroll
  • All valuation professionals in the United States and around the world who do or wish to do valuation of fixed assets for financial reporting in compliance with IFRS
  • AI and other professionals seeking CE hours
  • Financial analysts
  • Accountants
  • Auditors
Description Throughout the world, accounting standards setters are working more closely than ever on investor transparency and protection projects. Use of fair value in accounting is growing in many parts of the world, including certain segments of the property market in the United States. Use of fair value as a standard is likely to provide many opportunities for commercial real estate appraisers because the opinions of third party specialists are often obtained to enhance the credibility and auditability of financial statements.

 

This practical course will help valuation professionals understand the parts of the International Financial Reporting Standards that affect the valuation profession, including the use of common standards, terminology, and definitions. By working through international case studies, participants will learn the procedures for conducting fair valuation of fixed assets for financial reporting and for conducting a test for asset impairment.

 

Note. This course is in the International Valuation of Fixed Assets Professional Development Program. View this list of FAQs, which includes information regarding the courses you’ll need to complete the program successfully.

Objectives
  • Recognize the purpose of international financial reporting and the basis for commonly prepared financial statements.
  • Identify the parts of IFRS that affect the valuation profession, including the use of common standards, terminology, and definitions.
  • Identify the procedures for conducting fair valuation of fixed assets for financial reporting.
  • Identify the procedures for conducting a test for asset impairment.
  • Address problematic issues in working within IFRS.
  • Apply knowledge using international case studies.
Prerequisites None


Refer to this page for details of state approval hours for this course.

  • Attended Only:

    150
  • Attended Only:

    150
  • Attended Only:

    150
  • Attend and Pass Exam:

    200
  • Attend and Pass Exam:

    200
  • Attend and Pass Exam:

    200
13 hours
No
Yes
2
Intermediate
N/A
None specified Online Requirements Synchronous Requirements
None specified
You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.


Classroom Offerings

No offerings at this time

Synchronous Offerings

No offerings at this time