Financial Reporting: Assets and Liabilities (U.S. GAAP vs IFRS) Webcast | 4203320A
This course, second in a three-course series, concentrates on financial statements prepared using IFRS vs. U.S. GAAP. Analyze IFRS financial reports and outline basic distinctions between IFRS and U.S. GAAP financial reports in the series.
A recent IFRS Foundation survey found that 116 of 140 jurisdictions required IFRS for all or most companies. With this global acceptance, and as more than 500 foreign companies are reporting to the SEC using IFRS, financial professionals must understand the differences between IFRS and U.S. GAAP financial reports.
Financial statements presentations of assets and liabilities (IAS 2,12, 16, 32, 36, 37, 38, 39, 40, IFRS 7, 9, 16 vs U.S. GAAP)
Overview of Annual Financial Reports (IFRS and U.S. GAAP).
Identify similarities and differences between IFRS and U.S. GAAP reporting requirements for assets and liabilities:
Impairment of assets
Accounting and finance professionals, including CPAs, auditors, consultants and financial professionals.
Applicable if you are a HSCPA member in good standing.
Applicable if you are not a HSCPA member.