Financial Reporting: Miscellaneous Topics (U.S. GAAP vs IFRS) Webcast | 4203321B

Description

This course is the last in a three-course series; concentrating on financial statements prepared using IFRS vs. U.S. GAAP. Review an IFRS financial report and outline basic distinctions between IFRS and U.S. GAAP 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

Overview of Annual Financial Reports (IFRS and U.S. GAAP)
Financial statements presentations of miscellaneous topics (IAS 21, 23, 24, 27, 28, IFRS 3, 10, 11, 12, 13 vs U.S. GAAP)

Objectives

Identify similarities and differences between IFRS and U.S. GAAP reporting requirements for miscellaneous topics:

Foreign currency
Borrowing costs
Related party disclosures
Fair value
Business combinations
Consolidations including joint arrangement
Revenue

Designed For

CPAs, accountants, auditors, consultants and financial professionals.