Accounting Conferences & Seminars

Live CPE Webinar

IFRS vs. US GAAP - Major Accounting Differences

CPE Credits
2
Price
$89.00
Field of Study
Accounting & Auditing
Format
Online

Whether a financial statement preparer or user is more familiar with IFRS or U.S. GAAP, it is important to be familiar with the important differences between the two financial reporting frameworks. This course will highlight some of the more significant differences between the standards.

Major Topics:

  • Explore major differences in the design and structure of IFRS vs. U.S. GAAP
  • Discover significant differences in financial statement presentation and disclosure principles, including:

  • o Periods required to be reported
    o Interim financial reporting
    o Debt classification, and more.• Recognize significant differences in initial recognition and subsequent measurement standards, including:
    o Consolidation
    o Equity method investments
    o Business combinations
    o Financial instruments
    o Inventory
    o Leases
    o Revenue recognition
    o Share-based payments
    o Income taxes
    o Employee benefits
    o Provision for contingencies, and more

 

Learning Objectives:

  • Explore major differences in the design and structure of IFRS vs. U.S. GAAP
  • Discover significant differences in financial statement presentation and disclosure principles.
  • Recognize significant differences in initial recognition and subsequent measurement standards

Designed For

Anyone responsible for preparing or reviewing financial statements under IFRS

Prerequisites

None

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