Financial Reporting: Miscellaneous Topics-U.S. GAAP vs IFRS 2024
2.00 Credits
Member Price $89
Non-Member Price $119
Overview
A recent IFRS Foundation survey found that 167 jurisdictions now require the use of IFRS Accounting Standards for all or most publicly listed companies, while 12 jurisdictions permit its use. With this global acceptance, and as more than 1,000 foreign companies are reporting to the SEC using IFRS, learn how to read and understand the differences between US GAAP and IFRS financial reports. This course. The last three-course series concentrates on the miscellaneous topics not covered in the first two courses, such as business combinations, consolidations, and revenue recognition, as reported in the financial statements. Excerpts from public company financial reports will be reviewed. Be sure to register for all three parts of this series: Financial Reporting: Presentation-U.S. GAAP vs. IFRS Financial Reporting: Assets and Liabilities-U.S. GAAP vs IFRS Financial Reporting: Miscellaneous Topics-U.S. GAAP vs IFRS
Highlights
- Foreign currency
- Borrowing costs
- Related party disclosures
- Fair value
- Business combinations
- Consolidations
- Joint arrangements
- Revenue
Prerequisites
Financial Reporting: Presentation and Financial Reporting: Assets and Liabilities
Designed For
CPAs, auditors, consultants, and financial and managerial professionals.
Objectives
- Identify similarities and differences between U.S. GAAP and IFRS reporting requirements for miscellaneous topics
- Foreign currency
- Borrowing costs
- Related party disclosures
- Fair value
- Business combinations
- Consolidations including joint arrangements
- Revenue
Preparation
None
Leader(s):
Leader Bios
Bobbe Barnes, AICPA
Bobbe Barnes is an educator and consultant with many years of professional experience in IFRS, US GAAP, and certification training around the world. She recently completed nine years overseas working in emerging economies, where she led the team that developed the Certified International Professional Accounting certificate program, comprising training courses and examinations. Bobbe has worked in many countries and regions including the USA, Africa, Central & Eastern Europe, Central Asia, Mongolia, Russia, Ukraine, Middle East, and Far East including China, Indonesia, Malaysia, Thailand, and South Korea. Bobbe is a Certified Public Accountant (CPA), a Certified Management Accountant (CMA), and a Certified Government Financial Manager (CGFM). In addition, she is active in the Institute of Management Accountants, having served on the Board of Directors and the standing Committee on Ethics.
Just recently she was a keynote speaker at the International Accounting and Auditing Conference in Tashkent, Uzbekistan, and a speaker at the fifth annual Middle East IFRS and Accounting Summit in Dubai, where she also conducted a full day workshop on Financial Instruments.
Non-Member Price $119
Member Price $89