International versus U.S. Accounting: What in the World is the Difference?
As you are probably aware, the convergence of U.S. GAAP/FASB with IFRS (International Financial Reporting Standards) is a hot topic that many are talking about. Foreign publicly held companies (including those with subsidiaries in the U.S.) can already file financial statements with the SEC using IFRS. The SEC is expected in the near future to make a decision on whether it will incorporate IFRS into in the U.S. financial reporting system for public companies.
IFRS training seminars on the topic of International versus U.S. Accounting: What in the World is the Difference? are available through several state societies. Please contact one of the state societies below if you are interested in participating in one of these seminars:
Are You Ready for IFRS? Moving Beyond the Basics
This two-day course prepares accountants for these upcoming changes and will help you solidify your knowledge of the similarities and differences between IFRS and U.S. GAAP. Even if your knowledge is limited, a brief recap of the important points is provided at the beginning of the course to help get you up to speed. Additionally, you will learn to apply specific IFRS standards to the impacted financial statement line items. Walk away with a greater understanding of what you need to know as the acceptance of International standards continues to grow.
How You Will BenefitUpon completion of this course, participants will be able to:
Highlights
Who Will Benefit
Level: Intermediate
CPE Credit: 16 (Now accepted for CMA and CFM continuing education credit)
Prerequisite: Completion of AICPA course International versus U.S. Accounting, What in the World is the Difference or a high-level understanding of the conceptual differences between IFRS and U.S. GAAP.
NASBA Field of Study: Accounting: 16
Acronym: IFRS
Please contact one of the state societies below if you are interested in participating in one of these seminars: