Curriculum & Coverage

Coverage matrices for IFRS standards, recognition, cost management, and decision-making across all levels

IFRS Standards

IFRS Coverage Heatmap

Each row shows which subscription levels cover that standard, along with its primary simulation scenario inside Accounting Lab.

Standard Beginner Intermediate Advanced Primary Simulation Scenario
Conceptual Framework Recognition decision engine
IAS 1 — Presentation Generate financial statements
IAS 7 — Cash Flow Automatic cash flow generation
IAS 8 — Accounting Policies — Error correction simulation
IAS 10 — Subsequent Events — Adjusting vs non-adjusting events
IAS 34 — Interim Reporting — Quarterly reporting
IFRS 1 — First-time Adoption — — IFRS migration project
IAS 33 — EPS — — Earnings per share simulation
IFRS 15 — Revenue Revenue recognition engine
IFRS 16 — Leases Lease asset/liability simulation
IFRS 17 — Insurance — — Insurance contracts simulation
IFRS 2 — Share-based Payment — — Employee stock options
IAS 16 — PPE Asset lifecycle simulation
IAS 23 — Borrowing Costs — Capitalization of interest
IAS 40 — Investment Property — Fair value remeasurement
IAS 41 — Agriculture — — Biological assets valuation
IAS 38 — Intangibles Amortization simulation
IFRS 5 — Held for Sale — Disposal simulation
IFRS 6 — Exploration — — Oil & gas accounting
IAS 36 — Impairment Impairment testing
IAS 2 — Inventories Inventory costing
IAS 12 — Income Taxes — Deferred tax simulation
IAS 37 — Provisions Provision simulation
IFRS 13 — Fair Value — Fair value engine
IFRS 7 — Fin. Instruments Disclosure — Risk disclosure simulation
IFRS 9 — Financial Instruments — Loan & ECL simulation
IAS 32 — Fin. Instruments Presentation — Debt vs equity classification
IFRS 10 — Consolidation — — Parent-subsidiary consolidation
IAS 27 — Separate FS — — Parent-only reporting
IAS 28 — Associates — — Equity method
IFRS 3 — Business Combinations — — Acquisition accounting
IFRS 8 — Operating Segments — — Segment reporting
IFRS 11 — Joint Arrangements — — Joint venture accounting
IFRS 12 — Disclosure of Interests — — Group disclosures
IAS 24 — Related Parties — Related party transactions
IFRS 19 — Subsidiaries Disclosure — — Reduced disclosure
IAS 19 — Employee Benefits End-of-service benefit
IAS 26 — Retirement Plans — — Pension reporting
IAS 20 — Government Grants — Grant accounting
IAS 21 — Foreign Exchange — FX revaluation
IAS 29 — Hyperinflation — — Hyperinflation simulation
IFRS 14 — Regulatory Deferral — — Regulated industries
IFRS 18 — Presentation & Disclosure Advanced presentation
Total 12 26 43
Recognition & Valuation

Recognition & Valuation in Financial Statements

Topic Beginner Intermediate Advanced
Accounts Receivable Record credit sales and cash collections Aging analysis and allowance for doubtful accounts Design credit policy and optimize DSO
Inventory Record inventory using FIFO or Weighted Average Inventory turnover and COGS EOQ optimization and holding cost reduction
Property, Plant & Equipment Record asset acquisition and depreciation Compare depreciation methods Replacement decisions and ROI analysis
Intangible Assets Record acquisition and amortization Analyze useful life impact Long-term value creation decisions
Liabilities Record short-term liabilities and payments Analyze payables and optimize DPO Liability management strategies
Revenue Recognition Cash and credit revenue entries Accrual and deferred revenue Optimize recognition policy
Equity Transactions Capital investment and withdrawals Analyze equity changes Equity vs debt financing decisions
Gain / Loss on Asset Sale Record disposal and calculate gain/loss Analyze disposal impact Sell vs hold strategic decisions
Cost Management

Cost Management & Performance Metrics

Topic Beginner Intermediate Advanced
Cost Measurement Concepts Classify costs (direct/indirect, fixed/variable) Calculate product cost using basic methods Design cost structure under different activity levels
Variable & Fixed Overhead Record and classify overhead Allocate using labor/machine hours, units Optimize allocation impact on pricing
Performance Measurement Calculate basic KPIs (gross/operating profit) Cost-based KPI analysis Design performance dashboards
Decision Making

Cost Information for Decision Making

Topic Beginner Intermediate Advanced
Cost-Volume-Profit (CVP) Understand cost-volume-profit relationship Contribution margin & profit at different levels Sensitivity analysis and pricing decisions
Break-even Point Calculate break-even in units and revenue Impact of cost structure changes Optimize structure to improve profitability
Relevant Costs Identify relevant vs irrelevant costs Short-term operational decisions Make-or-buy, discontinue, outsource decisions
Marginal Revenue & Cost Understand marginal cost and revenue Calculate marginal profit and optimal output Optimize pricing & production via marginal analysis

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