Financial Reporting: Miscellaneous Topics (U.S. GAAP vs IFRS) Webcast | 4203321A
Date: August 20, 2020
Event Start time: 11:00 AM End time: 1:00 PM
Facility: Webcast Rebroadcast
2.00 CPE: Continuing Professional Education Technical
2.00 AA: Auditing & Accounting
Field of Interest:
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.
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
Level of Difficulty:
- 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)
Accounting Prerequisites: Designed For:
Advanced Prep: Event Notes:
CPAs, accountants, auditors, consultants and financial professionals.