Financial Reporting: Assets and Liabilities (U.S. GAAP vs IFRS) WEBCAST

Tuesday, December 8 11:00am - 1:00pm PST

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2 Credits

Member Price $75.00

Non-Member Price $100.00

Overview

This course, second in a three-course series, concentrates on financial statements prepared using IFRS vs. U.S. GAAP. Analyze IFRS financial reports and outline basic distinctions between IFRS and U.S. GAAP financial 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.

Highlights

Financial statements presentations of assets and liabilities (IAS 2,12, 16, 32, 36, 37, 38, 39, 40, IFRS 7, 9, 16 vs U.S. GAAP), Overview of Annual Financial Reports (IFRS and U.S. GAAP).

Prerequisites

Financial Reporting: Presentation

Designed For

Accounting and finance professionals, including CPAs, auditors, consultants and financial professionals.

Objectives

Identify similarities and differences between IFRS and U.S. GAAP reporting requirements for assets and liabilities: Inventories, Income taxes, PPE, Financial Instruments, Impairment of assets, Provisions, Intangible assets, Investment property, Leases.

Preparation

None.

Notice

None

Leader(s):

Leaders

Bobbe Barnes

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).

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Non-Member Price $100.00

Member Price $75.00