International Financial Reporting Standards: The Basics
Instructor:
Mike Morley
Product ID: 701161
- Duration: 60 Min
Where business is concerned the world is becoming a smaller place. Trade boundaries are disappearing, and many companies have subsidiaries around the world. Multi-national corporations needed a simpler way to put together their consolidated financial statements. Already Australia, most of Europe, and many other countries have adopted International Financial Reporting Standards. America has begun the process. Are you ready for these changes?
Areas Covered in the seminar:- GAAP vs. IFRS
- Why validation makes good business sense.
- What will change.
- What will not change.
- Who needs to comply.
- The four key principles of IFRS.
- How disclosure requirements will change.
- The new rules for assigning values to assets.
- The deadlines for adoption.
- How IFRS will affect SOX compliance.
- How these changes will benefit everyone.
Who Will Benefit:
- If you are an accounting professional you need to become familiar with exactly what these new standards consist of, and what these changes mean for companies.
- CPA. CMA, CFA, CIA
Instructor Profile:
Mike Morley , is a Certified Public Accountant and author of several books including
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