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As world economies become increasingly interdependent, professionals within the financial industry will be responsible for understanding the standards that govern multinational organizations. The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have been working to increase consistency of the application of accounting policies and procedures globally, increasing the need to understand accounting rules under both sets of standards. This course gives you an introduction to International Financial Reporting Standards (IFRS) and discusses the similarities and key differences between IFRS and GAAP. As the acceptance of global standards continues, your understanding of these changes is essential.
When you complete this course, you will be able to:
Who Will Benefit?
CPAs, accountants, and analysts in industry and practice who manage or audit financial accounting and reporting. Auditors - staff through partner
Advanced Preparation: None