The two key players in a significant amount of financial reporting development are undoubtedly the IASB and the FASB. The course provides a comparison of the two reporting frameworks in terms of general reporting requirements and specific accounting treatments. This course will therefore provide a useful context with which to understand current development and create an awareness of the financial reporting challenges for groups with component reporting under each of the frameworks.
On completion of this course, participants will have a greater understanding of:
- The international context of IFRS and US GAAP
- The similarities and differences in accounts format
- The key accounting similarities between IFRS and US GAAP
- The key accounting differences between IFRS and US GAAP.
Authored by: Lincoln Miles
Lincoln Miles is a financial reporting consultant and trainer specialising in IFRS, US GAAP and UK GAAP. He has worked as an auditor for PwC, has been a presenter and technical author for BPP and provides bespoke consultancy and training to companies throughout Europe.
CPD Points: 1.5
CPD Duration (hours): 1.5
Access: 12 months from purchase date