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Exam Code: T7
Exam Name: International Financial Reporting Standards for Compensation Professionals Exam
Certification Provider: WorldatWork
Corresponding Certification: Certified Compensation Professional (CCP)

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T7

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Updated: Jul 30, 2026

No. of Questions: 90 Questions & Answers with Testing Engine

Download Limit: Unlimited

Choosing Purchase: "Online Test Engine"
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Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) IAS 19 Purpose and Scope

The following will be asked from you in the exam:

  • Categories of benefits that qualify and the conditions that determine these categories
  • Treatment of the benefits provision/payments
  • Determination of the conditions for a plan
  • IAS 19 Termination Benefits

Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) IAS 19 Purpose and Scope

The following will be asked from you in the exam:

  • Calculating the liability of a defined contribution plan
  • IAS 19 Types of Post Employment Benefit Plans
  • Practical examples of treatment
  • Accounting treatment of a defined contribution plan
  • Calculating the liability of a defined benefit plan
  • IAS 19 Features of a defined benefit plan
  • IAS 19 Features of a defined benefit plan
  • Methods of calculation including the reliance on actuarial and financial assumptions
  • Discounted cash flow techniques. Issues to be addressed, such as what is the appropriate discount rate

The benefit of obtaining the International Financial Reporting Standards for Compensation Professionals (T7) Exam Certification

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  • This certification credential will give you edge over other counterparts. Apart from knowledge from International Financial Reporting Standards for Compensation Professionals (T7) Exam.

WorldatWork T7 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Concept of accrual accounting.
Topic 2
  • Relationship between the conceptual framework and stakeholders
Topic 3
  • The objectives of the IASB

Reference: https://worldatwork.org/learn/courses/international-financial-reporting-standards-for-compensation-professionals?tab=virtual

WorldatWork T7 Exam Overview:

Certification Vendor:WorldatWork
Exam Name:International Financial Reporting Standards for Compensation Professionals Exam
Exam Number:T7
Passing Score:Approx. 70–75%
Related Certifications:Certified Compensation Professional (CCP)
Global Remuneration Professional (GRP)
Available Languages:English
Exam Format:Multiple choice
Real Exam Qty:89
Exam Duration:90 minutes
Sample Questions:WorldatWork T7 Sample Questions
Exam Way:Proctored exam administered via WorldatWork/PSI online or onsite
Pre Condition:Recommended experience in compensation or finance; familiarity with IFRS concepts
Official Syllabus URL:https://worldatwork.org

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