Overview
Whether a financial statement preparer or user is more familiar with IFRS or U.S. GAAP, it is important to be familiar with the important differences between the two financial reporting frameworks. This course will highlight some of the more significant differences between the standards.
Objectives
- Explore major differences in the design and structure of IFRS vs. U.S. GAAP
- Discover significant differences in financial statement presentation and disclosure principles
- Recognize significant differences in initial recognition and subsequent measurement standards
Highlights
- Explore major differences in the design and structure of IFRS vs. U.S. GAAP
- Discover significant differences in financial statement presentation and disclosure principles, including:
- Periods required to be reported
- Interim financial reporting
- Debt classification, and more
- Recognize significant differences in initial recognition and subsequent measurement standards, including:
- Consolidation
- Equity method investments
