Training

 

CPE Self-Study

IFRS Update and Review of Complex Topics
Author/Moderator: Ervin Black, Ph.D. and Gregory Burton
Publisher: AICPA
Availability: 07/10/2010

This course provides an in-depth examination of some of the most economically significant international accounting topics: revenue recognition, business combinations and impairments. The last part of the course provides an update on the issues and challenges of major current IASB projects.

OBJECTIVES
Clearly understand IFRS accounting for the following:

  • Revenue recognition and proposed changes
  • Business combinations
  • Impairments
  • Major current IASB projects including exposure drafts

IFRS Essentials with GAAP Comparison: Building a Strong Foundation (formerly Are You Ready for IFRS? Moving Beyond the Basics)
Author/Moderator: Leah Donti, CMA, MBA (Author) / Professor Rama Ramamurthy (Moderator)
Availability: Varies by Format

The United States is engaged in a significant project with the IASB to converge IFRS and U.S. GAAP. And this project is having a major influence on the way in which IFRS will develop for the world as a whole. But recent developments suggest that IFRS may start to be permitted in the United States itself—something that could scarcely have been contemplated, even a few years ago. It will be some years before answers become clear. Nevertheless, it is clear that there has been a major strategic shift in international accounting as a result of the SEC actions.

 

This course prepares accountants for these upcoming changes and will help solidify your knowledge of the similarities and differences between IFRS and U.S. GAAP. You will also learn to apply specific IFRS standards to the impacted financial statement elements. Walk away with a greater understanding of what you need to know as the acceptance of International standards continues to grow.

 

Objectives: 

  • Readily focus on the differences between IFRS and U.S. GAAP
  • Recognize and review the similarities between IFRS and U.S. GAAP
  • Apply the specific IFRS standards to impacted financial statement elements

Prerequisite: Completion of AICPA course International versus U.S. Accounting, What in the World is the Difference? or a high-level understanding of the conceptual differences between IFRS and U.S. GAAP


Introduction to IFRS: Grasping the Big Picture
Recommended CPE Credit: 5

With the fast pace of the convergence project, understanding the differences between IFRS and U.S. GAAP is becoming more important for businesses of all sizes. This course outlines some of the major differences between IFRS and U.S. GAAP.

This course is a condensed version of International Versus U.S. Accounting: What in the World is the Difference. The primary difference between this 5-hour course and the 10-hour version is that the 10-hour version contains more examples of the differences between IFRS and U.S. GAAP; it also features hands-on examination of four sets of financial statements and footnotes prepared under IFRS.


International Versus U.S. Accounting: What in the World is the Difference?
With the fast pace of the convergence project, understanding the differences between IFRS and U.S. GAAP is becoming more important for businesses of all sizes. This course outlines the major differences between IFRS and U.S. GAAP.

Course Objectives:
  • Recognize the significant differences and similarities between U.S. GAAP and IFRS
  • Analyze financial statements prepared in accordance with IFRS
  • Standardize reporting in an international environment

Read customer review here.


The International Financial Reporting Standards: An Overview
This unique course, available in two formats (CD-ROM and On-Demand), captures the live presentation on IFRS given to the AICPA Board of Directors.

Course Objectives:
  • Identify some of the global convergence efforts that are currently underway in the accounting standards area
  • Identify who the major players are that are undertaking this effort
  • Understand the history of the convergence effort and some of the significant differences between the U.S. and the international accounting standards
  • Prepare to implement the International Financial Reporting Standards within your organization

CPExpress

AICPA’s popular, award-winning online library offers over 900 courses and over 1,200 hours of CPE. Find courses on IFRS and convergence with US GAAP.

 

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