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Silvia Mahutova, author and admin of CPDbox.com, presents a short video-based course on the differences between U.S. GAAP and IFRS when accounting for nonfinancial assets. Competency domain supported: Reporting & Control. Earn 1 NASBA CPE credit. Product is available for one (1) year after the purchase date.
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Generally Accepted Accounting Principles (GAAP) refer to a common set of accounting standards issued by the Financial Accounting Standards Board (FASB) in the United States. Public companies in the U.S. must follow GAAP when preparing their financial statements. International Financial Reporting...
Generally Accepted Accounting Principles (GAAP) refer to a common set of accounting standards issued by the Financial Accounting Standards Board (FASB) in the United States. Public companies in the U.S. must follow GAAP when preparing their financial statements. International Financial Reporting Standards (IFRS) are internationally recognized accounting principles set forth by the International Accounting Standards Board (IASB). U.S. GAAP tends to be more rules-based, while IFRS tends to be more principles-based and require judgment and interpretation. The goal of this course is to analyze and explore the major differences between U.S. GAAP and IFRS when accounting for nonfinancial assets specifically. Silvia Mahutova, author and admin of CPDbox.com, presents a three-part video series focusing on property, plant, and equipment (PPE), intangible assets. and the impairment of assets. Each of the topics will first be explained, then the differences will be highlighted as they are illustrated on financial statements. Competency domain supported: Reporting & Control. Earn 1 NASBA CPE credit. Product is available for one (1) year after purchase date.
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