International Financial Reporting Standards (IFRS)

Are You Ready for IFRS? Moving Beyond the Basics

You Will Learn: About International Financial Reporting Standards (IFRS), U.S. GAAP, and the upcoming changes you need to know as the acceptance of international standards continues to grow. Learn to apply specific IFRS standards to impacted financial statement line items.

Highlights:

• A quick reference grid of similarities and differences between IFRS and U.S. GAAP
• Numerous practical applications
• A walk-through of first-time adoption to IFRS
• An IFRS disclosure checklist
• The latest updates of FASB’s and the IASB’s international convergence project

Mars ─ Jan. 12-13
Harrisburg ─ Jan. 14-15
Malvern ─ Jan. 27-28

International versus U.S. Accounting: What in the World is the Difference?

You Will Learn: The major differences between IFRS/IAS and U.S. GAAP, as well as the similarities and the impact on the financial and reporting process. Review financial statements prepared under IFRS/IAS to understand how IFRS/IAS differs with U.S. GAAP.

Highlights:

• Standardize reporting in an international environment
• Why accounting standards differ internationally
• History and organization of the International Accounting Standards Board (IASB)
• Accounting changes, discontinued operations, and segment reporting
• Business combinations and consolidation issues
• Hands-on examination of four sets of financial statements and footnotes prepared under IFRS/IAS

Trevose – March 26