IFRS - Essential Knowledge & Understanding - Webinar By ComplianceOnline (Financial & Accounti)
Venue: Online Event
|Event Date/Time: Jul 14, 2011||End Date/Time: Jul 14, 2011|
The SEC is currently committed to US adoption of IFRS including a published implementation timeline. Therefore it is necessary for all organizations to understand IFRS requirements as well as the short and long term effect that implementation will have on the financial reporting and disclosure process.
The discussion will include the current status of convergence and adoption. The course explores the major differences, both cosmetic and substantive, between U.S. GAAP and IFRS. You will learn the Standards requirements associated with financial statement preparation and presentation as well as assets, liabilities, equity and revenue. A sample financial statement will be presented. In addition, private entity options will be discussed.
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