Financial Reporting: Assets and Liabilities (U.S. GAAP vs IFRS) Webcast | 4203320A

Course Details

Date

Thursday, August 13, 2020

8:00am – 10:00am
(Registration: 7:30am)

Field of Study

Accounting

Course Number

4203320A

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Overview

Vendor

CalCPA Education Foundation

Prerequisites

Financial Reporting: Presentation

Description




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.





Highlights





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).


Objectives




Identify similarities and differences between IFRS and U.S. GAAP reporting requirements for assets and liabilities:

Inventories
Income taxes
PPE
Financial Instruments
Impairment of assets
Provisions
Intangible assets
Investment property
Leases


Designed For




Accounting and finance professionals, including CPAs, auditors, consultants and financial professionals.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$75.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$101.00
Your Price $101.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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