[Executive Education, Inc. - Seminars for Corporate Financial Managers & Management Advisory Services]

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. will use global standards but when compliance will become mandatory.  Now is the time to get educated about 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.

Participant Feedback

Probably the best class I've attended.
— Bloomington, MN

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

The proposed new financial statement format

Other Adoption Issues

An Implementation Roadmap

Cases and Group Discusson:

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

Scheduling: To provide multi-day series, schedule with Corporate Finance Tune-up or Forensic Accounting.