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Previously titled: Introduction to IFRS: Grasping the Big Picture
The IASB and FASB continue 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, and has reiterated its promise to move forward with the adjusted roadmap for linking the standards, or come up with another plan supporting convergence. Regardless of its choice, it is clear that the SEC is going to continue to move toward alignment of financial standards.
This course provides an introduction to IFRS, financial statement line items under IFRS, and preparation of IFRS financial statements. This course prepares you to manage the significant differences and similarities between U.S. GAAP and IFRS.
Advanced Preparation: None