Terms of Use

The provision of the IFRS Learning is covered by the following copyright, disclaimers and EULA agreement. By using the program, you agree to the terms herein:

Notice of Copyright and Disclaimer

IFRS Foundation Copyright and Disclaimer

This e-learning contains copyright © material of the IFRS Foundation®. All rights reserved. Published by W.Consulting under licence from the IFRS Foundation®. Reproduction and use rights are strictly limited. For more information about the IFRS Foundation and rights to use its material please visit www.ifrs.org.

W.consulting Copyright and Disclaimer

All rights reserved. No part of this publication may be translated, transferred, decompiled, reprinted or reproduced in any form either in whole or in part or by any electronic, mechanical or other means, including photocopying without prior permission in writing from New Fundamental Solutions Ltd t/a W.consulting ©

The provision of the software is subject to the following agreement:

End User Agreement

1. Access to Learning

1.1 W.consulting (The Licensor) shall make the learning available to the Licensee during the whole of the period of the subscription period, and shall provide to the Licensee such assistance in relation to the access the learning as the Licensee may reasonably request.

2. Licence

2.1 The Licensee may not sub-license and must not purport to sub-license any rights granted under this agreement without the prior written consent of the Licensor.

2.2 The licence granted by the Licensor to the Licensee is subject to the limitations regarding the number of people accessing the learning being a single user.

2.3 Save to the extent expressly permitted by this Agreement or required by applicable law on a non-excludable basis, any licence granted under this Clause 2 shall be subject to the following prohibitions:

(a) the Licensee must not sell, resell, rent, lease, loan, supply, publish, distribute or redistribute the Software;

(b) the Licensee must not alter, edit or adapt the Software; and

(c) the Licensee must not decompile, de-obfuscate or reverse engineer, or attempt to decompile, de-obfuscate or reverse engineer, the Software.

2.6 The Licensee shall be responsible for the security of copies of the Software supplied to the Licensee under this Agreement and shall use all reasonable endeavours (including all reasonable security measures) to ensure that access to such copies is restricted to persons authorised to use them under this Agreement.

3. No assignment of Intellectual Property Rights

3.1 Nothing in this Agreement shall operate to assign or transfer any Intellectual Property Rights from the Licensor to the Licensee, or from the Licensee to the Licensor.

4. Charges

4.1 The Licensee shall pay the licensee fees to the Licensor in accordance with this Agreement.

4.2 The licensor has the right to turn off the software should the licensee not pay the required fee.

5. Warranties

5.1 The Licensor warrants to the Licensee that it has the legal right and authority to enter into this Agreement and to perform its obligations under this Agreement.

5.2 The Licensor warrants to the Licensee that the Software, when used by the Licensee in accordance with this Agreement, will not infringe the Intellectual Property Rights of any person.

6. Acknowledgements and warranty limitations

6.1 The Licensee acknowledges that complex software is never wholly free from defects, errors and bugs; and subject to the other provisions of this Agreement, the Licensor gives no warranty or representation that the Software will be wholly free from defects, errors and bugs.

6.2 The Licensee acknowledges that complex software is never entirely free from security vulnerabilities; and subject to the other provisions of this Agreement, the Licensor gives no warranty or representation that the Software will be entirely secure.

6.3 The Licensee acknowledges that the Software is only designed to be compatible with that software specified as compatible in the Software Specification; and the Licensor does not warrant or represent that the Software will be compatible with any other software.

6.4 The Licensee acknowledges that the Licensor will not provide any legal, financial, accountancy or taxation advice under this Agreement or in relation to the Software.

7. Limitations and exclusions of liability

7.1 Nothing in this Agreement will:

(a) limit or exclude any liability for death or personal injury resulting from negligence;

(b) limit or exclude any liability for fraud or fraudulent misrepresentation;

(d) exclude any liabilities that may not be excluded under applicable law.

7.2 The limitations and exclusions of liability set out in this Clause 7 and elsewhere in this Agreement:

(a) are subject to Clause 7.1; and

(b) govern all liabilities arising under this Agreement or relating to the subject matter of this Agreement, including liabilities arising in contract, in tort (including negligence) and for breach of statutory duty, except to the extent expressly provided otherwise in this Agreement.

7.3 The Licensor shall not be liable to the Licensee in respect of any loss of profits or anticipated savings.

7.4 The Licensor shall not be liable to the Licensee in respect of any loss of revenue or income.

7.5 The Licensor shall not be liable to the Licensee in respect of any loss of use or production.

7.6 Neither party shall be liable to the other party in respect of any loss of business, contracts or opportunities.

7.7 The Licensor shall not be liable to the Licensee in respect of any loss or corruption of any data, database or software.

7.8 The Licensor shall not be liable to the Licensee in respect of any special, indirect or consequential loss or damage.

8. General

8.1 No breach of any provision of this Agreement shall be waived except with the express written consent of the party not in breach.

8.2 If any provision of this Agreement is determined by any court or other competent authority to be unlawful and/or unenforceable, the other provisions of this Agreement will continue in effect. If any unlawful and/or unenforceable provision would be lawful or enforceable if part of it were deleted, that part will be deemed to be deleted, and the rest of the provision will continue in effect (unless that would contradict the clear intention of the parties, in which case the entirety of the relevant provision will be deemed to be deleted).

8.3 This Agreement may not be varied except by a written document signed by or on behalf of each of the parties.

8.4 Neither party may without the prior written consent of the other party assign, transfer, charge, license or otherwise deal in or dispose of any contractual rights or obligations under this Agreement.

8.5 This Agreement is made for the benefit of the parties, and is not intended to benefit any third party or be enforceable by any third party. The rights of the parties to terminate, rescind, or agree any amendment, waiver, variation or settlement under or relating to this Agreement are not subject to the consent of any third party.

8.6 Subject to Clause 8.1, this Agreement shall constitute the entire agreement between the parties in relation to the subject matter of this Agreement, and shall supersede all previous agreements, arrangements and understandings between the parties in respect of that subject matter.

8.7 This Agreement shall be governed by and construed in accordance with the laws of the Republic of Mauritius.

8.8 The courts of Mauritius shall have exclusive jurisdiction to adjudicate any dispute arising under or in connection with this Agreement.