IFRS vs. US GAAP - Major Accounting Differences
2.00 Credits
Member Price $109
Non-Member Price $139
Overview
Whether a financial statement preparer or user is more familiar with IFRS or U.S. GAAP, it is important to be familiar with the important differences between the two financial reporting frameworks. This course will highlight some of the more significant differences between the standards.
Highlights
- Explore major differences in the design and structure of IFRS vs. U.S. GAAP
- Discover significant differences in financial statement presentation and disclosure principles, including:
- Periods required to be reported
- Interim financial reporting
- Debt classification, and more
- Recognize significant differences in initial recognition and subsequent measurement standards, including:
- Consolidation
- Equity method investments
Prerequisites
None
Designed For
Anyone responsible for preparing or reviewing financial statements under IFRS
Objectives
- Explore major differences in the design and structure of IFRS vs. U.S. GAAP
- Discover significant differences in financial statement presentation and disclosure principles
- Recognize significant differences in initial recognition and subsequent measurement standards
Preparation
None
Leader(s):
Leader Bios
Jennifer Louis, Business Learning Institute
Jennifer F. Louis, CPA, has more than 18 years of experience in designing and instructing high-quality training programs. In 2003 she formed Emergent Solutions Group, LLC, serving organizations by providing training services on a project-specific or parttime basis.
Most recently, Ms. Louis was executive vice president / director of trainingServices at AuditWatch, Inc., a premier training and consulting firm serving the audit profession. She began her career at AuditWatch as vice president of product development. Before joining AuditWatch, Ms. Louis was the financial/operational audit manager at AARP.
Ms. Louis also was an audit manager for Deloitte & Touche LLP. During her years at Deloitte & Touche’s Washington D.C. office, she was a frequent local and national instructor. She also served as an
instructor for the firm’s national “Train the Trainers” program.
Non-Member Price $139
Member Price $109