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The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) are continuing to work diligently to bring financial reporting standards more in line with one another. In addition, the SEC continues to express its support of convergence. This course provides an introduction to International Financial Reporting Standards (IFRS) and discusses the similarities and key differences between IFRS and GAAP. Acquire the understanding you need as the acceptance of IFRS continues to grow.Topics Discussed:
This course helps you to recognize the significant differences and similarities between U.S. GAAP and IFRS, evaluate financial statements prepared in accordance with IFRS, and discuss standardized reporting in an international environment.
Advanced Preparation: None.