JUMOQ Learning · Foreign Currency & Inflation

Ind AS 29 Foundations - Identifying Hyperinflation and Determining Scope

Build a practical foundation in Identifying Hyperinflation and Determining Scope. The course covers Purpose and scope of Ind AS 29; Functional currency and the hyperinflationary economy; Indicators of hyperinflation and holistic assessment; Three-year cumulative inflation and other relevant evidence; Application date, group consistency and documentation through original lessons, assessments, governed activities, formula-driven restatement packs and evidence-led controls.

INDAS29-B01Basic

Course director: Venkata Subramani Ramachandra

2 hr 18 minFull study estimate

Full study estimate: 2 hr 18 min

Self-paced estimates for one pass through the course. Practical work includes activities, assignments and resource study. Your pace may vary; breaks and repeat attempts are extra. All course and certificate requirements still apply.

Inside this course

Select a topic to see its lessons, videos, practice activities and resources.

Course orientation

VideoHow to Learn an Ind AS at Beginner Level
VideoInd AS 29 Architecture and Learning Path

Purpose and scope of Ind AS 29

LessonPurpose and scope of Ind AS 29
VideoAssess Hyperinflation, Functional Currency and the Application Date
QuizLesson 1 knowledge check
Decision MissionDecision Mission - select and justify the hyperinflation pathway

Functional currency and the hyperinflationary economy

LessonFunctional currency and the hyperinflationary economy
QuizLesson 2 knowledge check

Indicators of hyperinflation and holistic assessment

LessonIndicators of hyperinflation and holistic assessment
QuizLesson 3 knowledge check
Impact SimulatorImpact Simulator - test index and monetary-position assumptions

Three-year cumulative inflation and other relevant evidence

LessonThree-year cumulative inflation and other relevant evidence
QuizLesson 4 knowledge check
Practice LabPractice Lab - complete the Ind AS 29 restatement workflow

Application date, group consistency and documentation

LessonApplication date, group consistency and documentation
QuizLesson 5 knowledge check
Downloadable resourceHyperinflation Indicator Assessment and Scope Pack
Downloadable resourceInd AS 29 Standard Map, Assessment and Restatement Checklist

Final Assessment

QuizInd AS 29 Foundations - Identifying Hyperinflation and Determining Scope - Final Assessment

Certificate

CertificateCertificate of completionUnlocks after every quiz is completed at its required pass mark and all course requirements are complete.

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