Author(s)
Publisher:
AICPA
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NASBA Field of Study
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Format
On demand
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Level
-
CPE Credit
0
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Course acronym
-
Prerequisites
-
Course duration
4 Hours
Credit Info
IFRS versus U.S. GAAP: Key Developments
This self-study online course provides a comparison of common differences between major IFRS and US GAAP accounting standards.
For each topic, the course provides a conceptual discussion of the two standards, a detailed analysis of differences, and application based exercises that allow the application of presented content.
For each topic, the course provides a conceptual discussion of the two standards, a detailed analysis of differences, and application based exercises that allow the application of presented content.
Topics discussed
The Conceptual Framework and Financial Statement Presentation
Inventory
Consolidated Financial Statements
Intangible Assets and Goodwill
Income Taxes
Business Combinations
Share-Based Payments
Employee Benefits
Financial Instruments
Leases
Learning objectives
Identify significant differences when accounting for transactions under U.S. GAAP and IFRS across major financial statement line items
Who will it benefit?
Those who work for multinational entities whose subsidiaries record accounting transactions in U.S. GAAP and IFRS as well as those who provide audit, assurance, advisory, and consulting services to multi-national organizations
Investors who seek to understand how entities that report financial results under the different frameworks compare
