inflearn logo

Certified Financial Manager (2026) - 1. Financial Accounting Part 9: Effects of Exchange Rate Changes, Derivatives

This course covers the Effects of Changes in Foreign Exchange Rates and Derivatives units of the Financial Accounting section of the Certified Financial Manager qualification exam. It covers the theory and practice of accounting for foreign exchange rate fluctuations and derivatives under the Korean International Financial Reporting Standards (K-IFRS). It is suitable for those preparing for the exam as well as those seeking to improve their practical financial accounting skills in a business setting.

1 learners are taking this course

Level Intermediate

Course period 12 months

Accounting
Accounting
kalman-filter
kalman-filter
parent-child
parent-child
react-usecallback
react-usecallback
Accounting
Accounting
kalman-filter
kalman-filter
parent-child
parent-child
react-usecallback
react-usecallback

What you will gain after the course

  • Understand the effects of exchange rate fluctuations under K-IFRS and perform the related accounting procedures.

  • Can identify the types and characteristics of derivatives and calculate how they are accounted for in financial statements.

  • Can solve questions on foreign exchange rates and derivatives in the Financial Accounting section of the Certified Financial Manager exam.

Certified Financial Manager (2026) · Financial Accounting Part 9
Master foreign exchange fluctuations and derivatives, along with exam-focused accounting treatments under K-IFRS.
3 lessons on the effects of exchange rate fluctuations + 4 on derivatives—master the key Financial Accounting units for the Certified Management Accountant exam.
재경관리사 (2026) · 재무회계 Part.9 강의 대표 이미지
ABOUT THIS COURSE
You will be able to solve questions on the effects of exchange rate changes and derivatives in the Financial Accounting section of the Certified Managerial Accountant exam on your own.
TOOLS

Tools Covered

Learn the theory of accounting treatments under K-IFRS (Korean International Financial Reporting Standards).

IF

K-IFRS

Korean International Financial Reporting Standards

CURRICULUM

What You’ll Learn

The curriculum is organized by topic. You’ll experience these changes throughout the course.

Lessons 1–3

Accounting Treatment for the Effects of Exchange Rate Fluctuations

You can understand the accounting process for recognizing gains and losses from exchange rate fluctuations on foreign currency transactions, period-end valuation, and closing entries.

Lessons 4–7

Classification, Measurement, and Accounting for Derivatives

You can understand the definition and classification of derivatives, as well as how to measure their fair value and account for them, in accordance with K-IFRS.

NOTICE

Notes Before Taking the Course

  • This course covers the effects of exchange rate changes and derivatives units in the financial accounting section of the Certified Management Accountant qualification exam.
  • No Q&A service is provided, and we recommend that you make note of any questions that arise while studying.
  • You can make efficient progress by using the playback speed feature to review the material repeatedly.
  • As this content reflects the standards at the time of filming, it may differ from the latest K-IFRS standards.
  • Since the question trends for the Financial Manager exam can vary from year to year, we recommend studying alongside the latest exam preparation materials.

Recommended for
these people

Who is this course right for?

  • Professionals responsible for day-to-day work in corporate finance areas such as accounting, tax, and cost accounting.

  • Test-takers preparing for the challenging Certified Financial Manager exam after earning Accounting Management Level 1 and Level 2 certifications.

  • Professionals seeking to learn how to account for exchange rate fluctuations and derivatives in financial accounting practice.

Need to know before starting?

  • Basic financial accounting knowledge at the Accounting Management Level 1 standard

  • Fundamentals of tax and accounting practice at the Computerized Tax Accounting Level 2 level

  • Basic understanding of Korean International Financial Reporting Standards (K-IFRS)

Hello
This is usefulit

8,281,746

Learners

6,703

Reviews

4.6

Rating

387

Courses

I will help you grow through useful IT lectures.

Curriculum

All

8 lectures ∙ (4hr 51min)

Course Materials:

Lecture resources
Published: 
Last updated: 

Reviews

Not enough reviews.
Please write a valuable review that helps everyone!

usefulit's other courses

Check out other courses by the instructor!

Similar courses

Explore other courses in the same field!

25% off for new members

$16.50

25%

$16.50