Gain the knowledge required to thoroughly read and understand the differences between IFRS and U.S. GAAP financial reports. A recent IFRS Foundation survey found that 116 of 140 jurisdictions required IFRS for all or most companies. More than 500 foreign companies report to the SEC using IFRS which is globally accepted. Attendees will examine both IFRS Financial Statements and U.S. GAAP Financial Statements, outlining basic distinctions between U.S. GAAP and IFRS reports. Formerly titled: Financial Reporting: Your Guide to Reading IFRS Annual Fancial Reports.
Financial statements, disclosures and presentations. Review of at least two Annual Financial Reports (IFRS and U.S. GAAP).
CPAs, auditors, consultants, accountants and financial professionals.
Identify underlying concepts to preparing a financial report. Observe similarities and differences between IFRS financial statement presentation and disclosure requirements and U.S. GAAP requirements. Observe differences between U.S. GAAP and IFRS financial reporting with regard to assets and liabilities and other reporting issues, including revenue and leases.
Optional: Bring an annual financial report prepared using IFRS or U.S. GAAP.
Bobbe M. Barnes, CPA, CGMA, CMA, CGFM Fair Oaks Ranch, TX
Bobbe is an educator and consultant with many years of professional experience in IFRS & US GAAP training around the world. Most recently, she developed the Certified International Professional Accounting certificate program, comprising training courses and examinations. Bobbe has worked in many countries including the USA, Central & Eastern Europe, Central Asia, Russia, Ukraine, China, Indonesia, Mongolia, and South Korea. She is a Certified Public Accountant (CPA), a Chartered Global Manangement Accountant, a Certified Management Accountant (CMA), and a Certified Government Financial Manager (CGFM).
Non-Member Price $395.00
Member Price $295.00