Differences Between US GAAP and IFRS
Understand the specific differences and implications between US GAAP and IFRS. This course replicates the content from module 3 of the course Global Convergence of Accounting Standards: Understanding US GAAP and IFRS - A Core NYIF Course
Program Details (NASBA) View
| Program Level | Intermediate |
| Prerequisites | This course has no prerequisites. |
| Advance Preparation | No advance preparation required. |
| Recent Revision Date | February 19, 2015 |
| Instructional Delivery Method | QAS Self Study |
| Field of Study | Accounting |
Learn now pay later with
To make it even easier to learn, you can finance your program through Affirm.
Loans offered through Affirm are available in the U.S. and Canada.
Duration : 0.5
- Differences between U.S. GAAP and IFRS for, Consolidation, Impairment, Inventory and Financial Instruments
- Differences in the interpretation of the concept of control and their effect
- Compare and contrast the issues affecting the accounting for impairment of financial assets under U.S. GAAP and IFRS
- Compare and contrast impairment testing requirements and the related accounting for nonfinancial assets under U.S. GAAP and IFRS
- Three ways in which accounting for inventory differs between U.S. GAAP and IFRS
- How the four underlying factors, (measurement, recognition threshold, classification, and rules) can be used to identify accounting and reporting differences related to financial instruments under U.S. GAAP and IFRS