Exam Name: International Financial Reporting Standards for Compensation Professionals Exam
Certification Provider: WorldatWork
Corresponding Certification: Certified Compensation Professional (CCP)
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Check Updated on: Jul 24, 2026
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- Total Questions: 90
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Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) Objectives of Financial Reporting
The following will be asked from you in the exam:
- Providing information to the stakeholders of the organization
- Objectives of Financial Reporting
- Who are the stakeholders?
- Relationship between the conceptual framework and stakeholders
How much International Financial Reporting Standards for Compensation Professionals (T7)Exam Cost
The price of the WorldatWork International Financial Reporting Standards for Compensation Professionals (T7) exam is $250 USD.
Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) Financial Statements
The following will be asked from you in the exam:
- Statement of other comprehensive income
- Financial Statements
- Statement of cash flows
- Content of the key financial statements
- Statement of financial position
- Notes accompanying the accounts - the true source of information
- Statement of income
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WorldatWork T7 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| IAS 19 Employee Benefits | 30% | - Post-employment benefits - Short-term employee benefits - Long-term benefits and termination benefits |
| IFRS 2 Share-Based Payment | 20% | - Recognition and measurement rules - Expense recognition and disclosure - Equity-settled vs. cash-settled plans |
| Introduction to IFRS | 20% | - IASB structure and objectives - IFRS vs. other reporting frameworks - Purpose and scope of IFRS |
| IFRS Conceptual Framework | 20% | - Financial reporting objectives - Elements of financial statements - Recognition and measurement principles |
| IFRS Application & Disclosure | 10% | - Disclosure requirements - Impact on compensation decisions - Financial statement implications |
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