In today’s interconnected world of accounting and financial reporting, basic competency in IFRS (International Financial Reporting Standards) is an important component of the financial professional’s toolbox. Multinational organizations, U.S.-based subsidiaries of foreign corporations, U.S.-based parent companies with international subsidiaries that have adopted IFRS, and the individuals and firms who provide these companies with audit, preparation, or advisory services can all benefit from this course. You will not only gain an understanding of the background and framework of IFRS, but also how to apply specific IFRS standards in financial statement preparation. This course will help you gain a core competency in IFRS as the acceptance and adoption of IFRS grows.
td bank sponsor
DESIGNED FOR
CPAs, accountants, and analysts in industry and practice who manage or audit financial accounting and reporting.
BENEFITS
- Apply specific IFRS accounting requirements to related financial statement line items
- Understand disclosure requirements for significant accounting topics
- Identify potential issues that may arise with complex accounting topics under IFRS
HIGHLIGHTS
- IFRS background and framework
- IFRS for specific financial statement line items
- Complex accounting topics, including derivatives, hedging, business combinations, and consolidations
PREREQUISITES
Basic knowledge of the conceptual differences between IFRS and U.S. GAAP.
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- *AICPA members deduct an additional $30 from applicable price.