IFRS: Tax Considerations Beyond IAS 12

Financial accounting & reporting

Course

IFRS: Tax Considerations Beyond IAS 12

Instructor: AICPA Professional Development Staff

  • Format

    Course - Online

  • Level

    Basic

  • Duration

    1.5 hours

Learn about many of the major issues that the global tax function of a US multi-national corporation should consider before converting to IFRS.

Learning outcomes

  • Understand the independence of US tax law from US accounting rules and the ramifications of this independence
  • Understand the relative dependence of US foreign subsidiaries tax law on statutory accounting results and the ramifications of this dependence
  • Understand the need for international tax planning
  • Understand how adoption of IFRS affects cash paid for taxes
  • Understand how financial reporting of tax under IFRS affects the global tax function

£39.00 (CIMA members only)

£49.00

VAT calculated on checkout

Product information

Overview

While the course is not intended to be an exhaustive list of all issues a tax professional should consider, it covers a number of interrelated areas that need to be considered before conversion to IFRS.

Topics Discussed

  • Understand the independence of US tax law from US accounting rules and the ramifications of this independence

  • Understand the relative dependence of US foreign subsidiaries tax law on statutory accounting results and the ramifications of this dependence

  • Understand the need for international tax planning

  • Understand how adoption of IFRS affects cash paid for taxes

  • Understand how financial reporting of tax under IFRS affects the global tax function

Who should take this course?

  • Accounting and finance professionals who perform audits or prepare financial reports and work in the following areas: * Multinational organisations * US-based subsidiaries of foreign parent corporations * US-based parent companies with international subsidiaries that have adopted IFRS * Public companies * Large private companies * Public practice who serve private, public or international companies with audit, preparation, or advisory service

Professional development

This Course - Online offers 1.5 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Field of study: Accounting
Prerequisites:Familiarity with financial reporting and accounting principles under IFRS
Programme level:Basic
Duration:1.5 hours
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£39.00 (CIMA members only)

£49.00

VAT calculated on checkout

Instructor

  • AICPA Professional Development Staff