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

Friday, September 18, 2020
Webcast or Webinar, Online
2:00 PM - 4:00 PM(opens at 1:30 PM) EST
2Credits
Accounting and Auditing

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$75.00 Regular Price
Non-Members
$101.00 Regular Price
Course Type: Webcast
Course Code: 20/4203321B
Level: Overview
Vendor: California CPA Education Foundation
Field of Study: Accounting

Overview:

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.

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

Major Topics:

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)

Designed For:

CPAs, accountants, auditors, consultants and financial professionals.

Prerequisite:

None.