Financial & Accounting Webinar . 2011 - IFRS vs. US GAAP - Webinar By ComplianceOnline

Why Should You Attend:
When International Financial Reporting Standards (IFRS) come into effect January 1, 2015, public companies will have to change how they present their financial statements from GAAP to IFRS.

IFRS requires that the accountant be able to understand and explain the differences between IFRS and US GAAP.

This hands-on workshop will provide you with some easy-to-follow guidelines that will help you in complying with these new demands.

Effective January 1, 2015, accountants working for US companies will be expected to continue to prepare US GAAP statements, but in addition will have to prepare IFRS financial statements to meet IFRS requirements, along with a reconciling financial statement which bridges the gap between the two.

Areas Covered in the Seminar:

Brief IFRS overview.
Comparative treatment differences checklist.
Revenue recognition.
Business combinations and consolidated financial statements.
Current liabilities, Segment reporting, Related party disclosures.
Provisions and contingencies, Stockholders’ Equity.
Events after the balance sheet date, financial instruments, Leases, Income taxes.
Disclosures, Financial Statement presentation.
Questions & Answers.

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