IFRS versus U.S. GAAP: Key Developments

Financial accounting & reporting

Course

IFRS versus U.S. GAAP: Key Developments

Instructor: Steven Shamrock, CPA, MBA

  • Format

    Course - Online

  • Level

    Intermediate

  • Duration

    4 hours

This course provides a comparison of common differences between major IFRS and US GAAP accounting standards. For each topic, the course provides a conceptual discussion of the two standards, a detailed analysis of differences, and application based exercises that allow the application of presented content.

Learning outcomes

  • Learning outcomes: Identify significant differences when accounting for transactions under U.S. GAAP and IFRS across major financial statement line items

£59.00 (CIMA members only)

£69.00

VAT calculated on checkout

Product information

Overview

This self-study online course provides a comparison of common differences between major IFRS and US GAAP accounting standards.

For each topic, the course provides a conceptual discussion of the two standards, a detailed analysis of differences, and application based exercises that allow the application of presented content.

Topics discussed:

  • The Conceptual Framework and Financial Statement Presentation
  • Inventory
  • Consolidated Financial Statements
  • Intangible Assets and Goodwill
  • Income Taxes
  • Business Combinations
  • Share-Based Payments
  • Employee Benefits
  • Financial Instruments
  • Leases

Who should take this course?

  • "Those who work for a multinational entity whose subsidiaries record accounting transactions in US GAAP and IFRS as well as those who provide audit/assurance/advisory/consulting services to multi-national organisations. Investors who seek to understand how entities that report financial results under the different frameworks compare."

Professional development

This Course - Online offers 3 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:Strong foundational knowledge of IFRS
Programme level:Intermediate
Duration:4 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

£59.00 (CIMA members only)

£69.00

VAT calculated on checkout

Instructor

  • Steven Shamrock, CPA, MBA