Webcast: Financial Reporting: Miscellaneous Topics (U.S. GAAP vs IFRS) (XCFRMT19)
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This course is the final segment of a three-course series; concentrate on financial statements prepared using IFRS vs. U.S. GAAP. Review an IFRS financial statement and outline basic distinctions between IFRS and U.S. GAAP reports in the series. 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...

2/22/2019
When: 02/22/2019
1:00 PM until 3:00 PM
Where: Webcast
CALCPA
4183321C
Louisiana
United States
Presenter: Bobbe Barnes


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Acronym XCFRMT19
CPE 2 hours
Vendor CalCPA
Category
A&A
Level Overview
Yellow Book? No
Registration Fees
Members* $60
CPA Non-Members $94

*The member rate applies to LCPA members, other state CPA 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.

Texas CPAs: Our Texas State Board of Public Accountancy Sponsor number is #010423.

Course Description

This course is the final segment of a three-course series; concentrate on financial statements prepared using IFRS vs. U.S. GAAP. Review an IFRS financial statement and outline basic distinctions between IFRS and U.S. GAAP reports in the series.

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.

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)

Designed For: CPAs, accountants, auditors, consultants and financial professionals.

Prerequisite: None.

Advance Prep: None.

Note: Login instructions will be provided by the webcast vendor (CalCPA).