University of Calgary Continuing Education (EDGE UP)
University of Calgary Continuing Education (EDGE UP)
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Practical Application of International Accounting Standards

BAC 325
Open Closing on September 10, 2025 / 2 spots left
Main contact
Cavendish University
Cavendish University
Faith Ahabyoona
Senior Lecturer
3
Timeline
  • September 15, 2025
    Experience start
  • September 22, 2025
    Kick Off Meeting
  • October 21, 2025
    Mid Point Check In
  • December 5, 2025
    Experience end
Experience
2 projects wanted
Dates set by experience
Preferred companies
Anywhere
Any company type
Any industries

Experience scope

Categories
Accounting Financial modeling Financial services Risk, audit and compliance Data analysis
Skills
financial statements standard accounting practices presentations international standards finance regulatory frameworks international financial reporting standards critical thinking accounting business administration
Learner goals and capabilities

This experience is designed for learners in a BBA-Accounting & Finance program, focusing on the practical application of International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs). Learners will develop the ability to prepare and critique financial statements in compliance with these standards, gaining insights into the regulatory frameworks that govern accounting practices both locally and internationally. By engaging with real-world projects, learners will apply their classroom knowledge to analyze and evaluate accounting standards, enhancing their understanding of the global accounting landscape.

Learners

Learners
Undergraduate
Intermediate, Advanced levels
40 learners
Project
10-20 hours per learner
Educators assign learners to projects
Teams of 4
Expected outcomes and deliverables
  • Financial statements prepared in compliance with IASs and IFRSs
  • Critical analysis reports on existing accounting standards
  • Comparative studies of financial statements from different jurisdictions
  • Recommendations for improving compliance with international standards
  • Presentations on the role of international accounting bodies
Project timeline
  • September 15, 2025
    Experience start
  • September 22, 2025
    Kick Off Meeting
  • October 21, 2025
    Mid Point Check In
  • December 5, 2025
    Experience end

Project examples

  • Preparation of financial statements for a small business using IASs and IFRSs
  • Analysis of a company's financial statements for compliance with international standards
  • Evaluation of the impact of a specific accounting standard on financial reporting
  • Case study on the role of the Institute of Certified Public Accountants of Uganda (ICPAU)
  • Research project on the differences between local and international accounting standards
  • Development of a compliance checklist for international accounting standards
  • Presentation on the influence of the International Accounting Standards Board (IASB)
  • Report on the adoption of IFRSs in a specific industry

Additional company criteria

Companies must answer the following questions to submit a match request to this experience:

  • Q1 - Text short
    How often will you be able to meet with students?  *
  • Q2 - Text short
    Do you have all the information needed for students to complete the project?  *
  • Q3 - Text short
    What deliverables are you looking for?  *
  • Q4 - Text short
    Do you agree to communicate any changes to the project scope to the educator for their review and approval?  *