International Financial Reporting Standards: Overview and Update - Virtual Recording

The effort to harmonize and converge global accounting standards has been going on for over 40 years! In this one-hour virtual course, you will learn the basics of International Financial Reporting as well as some major differences between IFRS and U.S. GAAP.

This course is designed for both users and preparers of financial statements who seek a fundamental overview the International Financial Reporting Standards as well as a timely update on harmonization and convergence efforts between the IASB and the FASB.

The course will also introduce a system for classifying and categorizing IFRS/U.S. GAAP reporting differences.

No sessions currently available. Contact client services to get the next available date.
Accountants, auditors, investors, portfolio managers, regulators and other financial professionals seeking a fundamental overview and update on International Financial Reporting Standards and differences with U.S. GAAP.
Students will be able to:
  • Understand the evolution of international financial reporting
  • Describe the conceptual framework underlying international financial reporting
  • Identify major differences between IFRS and U.S. GAAP
  • Apply a system for classifying differences between IFRS and U.S. GAAP
  • Explain the current state of harmonization & convergence efforts
International Financial Reporting Standards: Overview and Update
Topics covered include:
  • History & Background
  • Conceptual Framework
  • Major Differences between IFRS and U.S. GAAP
  • A System for Categorizing Differences
  • Update on Harmonization & Convergence of Accounting Standards
Duration: 1 hour

                              Powered by NYIF