IFRS and U.S. GAAP Convergence
ACCT1-CE8114
/ $775
SPRING 2012
Continuing Education:
Accounting, Taxation, and Legal Programs
Explore the significant accounting differences between IFRS (International Financial Reporting Standards) and U.S. GAAP (Generally Accepted Accounting Principles). Topics include recognition and de-recognition of assets and liabilities; deferral and prepaid revenue and expense recognition; cash flow reporting requirements; and financial statement disclosures for the accounting standards issued by the IASB (International Accounting Standards Board). Study convergence projects being directed by the IASB and FASB (Financial Accounting Standards Board). Focus on requirements for "first-time adopters" of IFRS. Examine various case studies of companies that plan to adopt, or have adopted, IFRS.
2.0 CEU (24 50-minute hours)
Students must have a thorough working knowledge of U.S. GAAP Accounting Standards issued by the FASB.
This course is also scheduled for:
SUMMER 2012
Related Subject Areas:
Accounting,
Auditing (Finance),
Financial Analysis,
Credit Analysis
Section 1
Wednesday 6:30pm-8:30pm
February 8 - April 25
No class 2/22, 4/11
10 Sessions
Location: Norman Thomas Center
