| Course Description: |
| IFRS in the U.S.A.: An Implementation Guide |
Michael Walker, CPA
10
Accounting
Basic
None
Self-Study
Online / CD-Rom / Textbook / Audio
10
Accounting
Basic
None
Self-Study
Online / CD-Rom / Textbook / Audio
International Financial Reporting Standards (“IFRS”) represents the future of
financial accounting and reporting in the United States. Most of the world
already communicates with investors and stakeholders about corporate
financial performance in the language of IFRS. The International Accounting
Standards Board (IASB) and their U.S. equivalent (the FASB) have made
commitments towards the convergence U.S. GAAP and IFRS and are
working to eliminate as many differences between the two Standards as
possible. The Securities and Exchange Commission has endorsed the
outright adoption of IFRS in the United States. This growing acceptance of
IFRS as a basis for U.S. financial reporting represents a fundamental change
for the U.S. accounting profession. This course provides an introductory
overview of International Financial Reporting Standards, including detailed
discussions of the impact that IFRS will have on U.S. businesses. This course
also includes comprehensive reviews of the IASB structure and its standard-
setting process, the basic framework that serves as the foundation for IFRS
and the differences that exist between U.S. GAAP and IFRS.
financial accounting and reporting in the United States. Most of the world
already communicates with investors and stakeholders about corporate
financial performance in the language of IFRS. The International Accounting
Standards Board (IASB) and their U.S. equivalent (the FASB) have made
commitments towards the convergence U.S. GAAP and IFRS and are
working to eliminate as many differences between the two Standards as
possible. The Securities and Exchange Commission has endorsed the
outright adoption of IFRS in the United States. This growing acceptance of
IFRS as a basis for U.S. financial reporting represents a fundamental change
for the U.S. accounting profession. This course provides an introductory
overview of International Financial Reporting Standards, including detailed
discussions of the impact that IFRS will have on U.S. businesses. This course
also includes comprehensive reviews of the IASB structure and its standard-
setting process, the basic framework that serves as the foundation for IFRS
and the differences that exist between U.S. GAAP and IFRS.
| Author: CPE Credits: Field of Study(s): Experience Level: Prerequisites: Delivery Method: Course Format: |
 |  |  |  |  |  |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| Search Global CPE |