- NY Credits : 8.0
- TX Credits : 8.0
IFRS and a Comparison with U.S. GAAP
Upon successful completion of this course, the user should be able to:
contrast the basic requirements of IFRS-based and U.S. GAAP-based financial statements;
distinguish between U.S. GAAP and IFRS for the accounting and reporting of certain assets, liabilities, revenue, income taxes, and share-based payments; and
differentiate the positions taken by IASB and the FASB with respect to discontinued operations, business combinations, and financial instruments, and the issues of adopting IFRS for the first time.