Full Day Seminar
The Coming IFRS Conversion
Preparing for the Ultimate GAAP Makeover
Conversion from U.S. GAAP to International Financial Reporting Standards (IFRS) is a given reality. The question is no longer whether the U.S. use global standards but when compliance will become mandatory. Now is the time to get educated on what global standards could mean to you.
Both public and private companies need to know how conversion to IFRS will affect their external reporting, contractual obligations and daily operations.
Topics Discussed Include:
History and Key Players in the Convergence Process
Current Status of the Convergence/Conversion Project
Proposed SEC Timetable for Adoption
Principal GAAP-IFRS Differences
- Revenue recognition
- Inventory valuation
- Asset valuation
- Financial statement presentation
- Deferred taxes
- Other differences
Other Adoption Issues
An Implementation Roadmap
Case Studies and Exercises:
This seminar includes five group exercises on convergence concepts, GAAP-IFRS differences and practical adoption issues.
Additional Information
Target Audience: CFOs, controllers and managers involved with financial reporting
Level of Knowledge: Intermediate
CPE Credit: 8 hours group live
Area of Study:
Traditional: A&A
NASBA: Accounting
Prerequisite: None
Advanced Preparation: Bring a calculator
Author: Bill O’Brien
Acronym: IFRS
Available: 2/1/09
Scheduling: To provide multi-day series, schedule with Corporate Finance Tune-up or Corporate Financial Management
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