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Saket Modi, CFA, director of Square Mile Global Consulting (www.smglobal.co.uk), a London- headquartered financial training and consulting company, presents a short video-based course on the differences between U.S. GAAP and IFRS when accounting for liabilities and related special topics. 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 liabilities and related special topics specifically. Saket Modi, CFA, director of Square Mile Global Consulting (www.smglobal.co.uk), a London-headquartered financial training and consulting company, presents a three-part video series covering topics including the presentation of liabilities in the balance sheet, provisions and contingent liabilities, employee benefits, income taxes, and leases. 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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