Identify similarities and differences between IFRS and U.S. GAAP reporting requirements for assets and liabilities:
The course, second in a three-course series, concentrates on financial statements prepared using IFRS vs. U.S. GAAP.
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, you need to be able to read and understand the differences between IFRS and U.S. GAAP financial reports.
Analyze IFRS financial statements and outline basic distinctions between IFRS and U.S. GAAP reports in the series.
PICPA Member: $79
Nonmember: $104
Course No. 4193320B Level: Overview
Prerequisites: Financial Reporting: Presentation