Course Details


Course Name: International Financial Reporting Standards (IFRS) - US Samples
CPD hours: 1.5
Type: Online
Price: $90 $81


Description:
International Financial Reporting Standards (IFRS) is the framework used by many publicly traded companies around the world today to report their financial results. With support from important constituencies, the SEC and the FASB have taken several steps toward what will be a major transition from accounting and reporting framework currently in place in the United States to IFRS. In an effort to better understand how convergence will affect financial reporting in the United States, depending on the IFRS implementation action taken by the SEC, this course examines some of the material differences that currently exist between U.S. GAAP and IFRS.


Topics:
Introduction
What is IFRS?
Why IFRS?
Required Financial Statements and Structural Differences in Primary Financial Reporting
Financial Statement Presentation—Joint Project of the FASB and IASB
Different Approaches to Income Measurement and Fair Value Use under IFRS and U.S. GAAP
Cash and Cash Equivalents
Receivables
Inventories
Investments
Equity-Method Investments
Property, Plant and Equipment
Revaluations Involving Depreciable Assets
Intangible Assets and Goodwill
Contingent Liabilities
Defined Benefit Plans
Income Tax Deferrals
Lease Accounting
Equity
Revenue Recognition
Sale of Goods
Bill-and-Hold Transactions
Multiple Element Arrangements
Long-Term Construction Contracts
Customer Loyalty Programs
Discontinued Operations
Share-Based Payment
Impairment
Earnings per Share
Subsequent Events
Comprehensive Income
IFRS Differences Affecting the Statement of Cash Flows
Conceptual Framework Project
Objective of General Purpose of Financial Reporting
Qualitative Characteristics of Useful Financial Information







Screenshots