Introduction to IFRS: Grasping the Big Picture

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.

Objectives:

• Recognize the significant differences and similarities between U.S. GAAP and IFRS
• Standardize reporting in an international environment

Prerequisite:  None