Financial Reporting: Miscellaneous Topics-U.S. GAAP vs IFRS WEBCAST
Overview
A recent IFRS Foundation survey found that 167 jurisdictions now require IFRS Accounting Standards for all or most publicly listed companies, while 12 jurisdictions permit its use. With this global acceptance, and as more than 1,000 foreign companies report to the SEC using IFRS, learn how to read and understand the differences between US GAAP and IFRS financial reports. This course, the second in a three-course series, concentrates on the assets and liabilities as reported in the financial statements. Analyze US GAAP and IFRS financial reports and outline basic distinctions between the financial reports in the 3-course series. Excerpts from public company financial reports will be reviewed.
Highlights
Inventories. PPE. Intangible assets. Investment property. Impairment of assets. Financial instruments. Provisions. Leases. Income taxes.
Prerequisites
Attendees should be familiar with financial reporting and presentation.
Designed For
CPAs, auditors, consultants, and financial and managerial professionals.
Objectives
Identify similarities and differences between IFRS and U.S. GAAP reporting requirements for assets and liabilities. Inventories. PPE. Intangible assets. Investment property. Impairment of assets. Financial instruments. Provisions. Leases. Income taxes.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Bobbe Barnes, AICPA Learning
Bobbe M. Barnes, CPA, CGMA, CMA, CGFM Fair Oaks Ranch, TX Bobbe is an educator and consultant with many years of professional experience in IFRS & US GAAP training around the world. Most recently, she developed the Certified International Professional Accounting certificate program, comprising training courses and examinations. Bobbe has worked in many countries including the USA, Central & Eastern Europe, Central Asia, Russia, Ukraine, China, Indonesia, Mongolia, and South Korea. She is a Certified Public Accountant (CPA), a Chartered Global Manangement Accountant, a Certified Management Accountant (CMA), and a Certified Government Financial Manager (CGFM).
Non-Member Price $119.00
Member Price $89.00
Registration for this event is closed.