Accounting and Auditing A Guide to the IFRS

A Guide to the IFRS

19.00 19.00
$19.00
PRICE PER USER
$
X
USERS


=
SUBTOTAL
$
  • Course Delivery: On Demand
  • Credit Hours: 1.5
  • Credit Type: Accounting

Chat Live | Contact Us | Toll Free: (888) 360-8764

 

Description

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.

Learning Objectives:
1. Recognize key differences between IFRS and GAAP affecting the financial statements.
2. Recognize the objectives of the IASB's conceptual framework project.

Topics Covered:

  • Required Financial Statements and Structural Differences in Primary Financial Reporting
  • Different Approaches to Income Measurement and Fair Value Use under IFRS and U.S. GAAP
  • IFRS Differences Affecting the Statement of Financial Position
  • IFRS Differences Affecting The Income Statement
  • IFRS Differences Affecting the Statement of Cash Flows
  • Conceptual Framework Project
  • Objective of General Purpose of Financial Reporting
  • Qualitative Characteristics of Useful Financial Information
  • Where to Learn More about IFRS

 

Passing Score: 70% or higher

Category: Accounting and Auditing

Field of Study: Accounting

Delivery Method: Online

Level: Basic to Intermediate

Prerequisites: Basic Accounting

NASBA: Yes, QAS Self Study

Author: Delta Publishing

ABOUT THE SUBJECT MATTER EXPERT:
Dr. Jae K. Shim is Professor of Business at California State University, Long Beach,
California. Dr. Shim received his MBA and Ph.D. degrees from the University of California at Berkeley (Haas School of Business.) He has co-authored over 50 professional business books and has been a consultant to commercial and nonprofit organizations for over 30 years.

 

Course Objectives

1. Recognize key differences between IFRS and GAAP affecting the financial statements.
2. Recognize the objectives of the IASB's conceptual framework project.

 

Topics Covered

  • Required Financial Statements and Structural Differences in Primary Financial Reporting
  • Different Approaches to Income Measurement and Fair Value Use under IFRS and U.S. GAAP
  • IFRS Differences Affecting the Statement of Financial Position
  • IFRS Differences Affecting The Income Statement
  • IFRS Differences Affecting the Statement of Cash Flows
  • Conceptual Framework Project
  • Objective of General Purpose of Financial Reporting
  • Qualitative Characteristics of Useful Financial Information
  • Where to Learn More about IFRS

 

 

Regulatory Information

A Guide to the IFRS - National Association of State Boards of Accountancy (NASBA)

  • Name:
  • National Association of State Boards of Accountancy (NASBA)
  • Phone:
  • 615-880-4200
  • Fax:
  • 615-880-4290
  • Website URL:
  • http://nasba.org/
  • Email Address:
  • [email protected]
  • Address:
  • NASBA
  • City:
  • Nashville
  • State:
  • TN
  • Zip:
  • 37219-2417
 

Prerequisites

Basic Accounting

 

Subject Matter Expert

Dr. Jae K. Shim is Professor of Business at California State University, Long Beach,
California. Dr. Shim received his MBA and Ph.D. degrees from the University of California at Berkeley (Haas School of Business.) He has co-authored over 50 professional business books and has been a consultant to commercial and nonprofit organizations for over 30 years.

Got questions? Contact us below or call 877-881-2235

Why Choose 360training.com?

  • Fast and easy courses completion
  • Get an education faster than at traditional colleges!
  • 100% online - No classroom attendance required.
  • Unlimited 24x7 online customer support
  • Over 500,000+ certified nationwide.