Overview:
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.
Learning outcomes:
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
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