Webcast: Financial Reporting: Miscellaneous Topics (U.S. GAAP vs IFRS) (XCFRMT17)
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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. The final segment of a 2-hour three-course series, this session concentrates on financial statements prepared using IFRS vs. US GAAP. We'll go through an IFRS financial statement a

7/25/2017
When: 07/25/2017
1:00 PM until 3:00 PM
Where: Webcast
CALCPA
4173321A
United States
Presenter: Mr. Langreck


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Acronym XCFRMT17
CPE 2 hours
Vendor CalCPA
Category
Accounting & Auditing
Level Overview
Prerequisite None
Adv Prep None
Yellow Book? No
Designed for Accounting and finance professionals, including CPAs, auditors, consultants and financial professionals.
Registration
Member $60
CPA Non-Member $94

The Member rate applies to LCPA members, other state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.

Course Description

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.

The final segment of a 2-hour three-course series, this session concentrates on financial statements prepared using IFRS vs. US GAAP. We'll go through an IFRS financial statement and outline basic distinctions between IFRS and U.S. GAAP reports in the series.

Materials are provided as an ebook for this course.

Objectives

Identify similarities and differences between IFRS and U.S. GAAP reporting requirements for miscellaneous topics:

  • Foreign currency
  • Borrowing costs
  • Related party disclosures
  • Fair value
  • Business combinations
  • Consolidations, including joint arrangement
  • Revenue

Major Topics

  • Overview of Annual Financial Reports (IFRS and U.S. GAAP).
  • Financial statements presentations of miscellaneous topics (IAS 21, 23, 24, 27, 28, IFRS 3, 10, 11, 12, 13 vs U.S. GAAP)