The diminishing differences between generally accepted accounting principles (GAAP), principally established by the Financial Accounting Standards Board (FASB), and international financial reporting standards (IFRS), as established by the International Accounting Standards Board (IASB), is narrowing at a faster pace. International Finance Reporting Standards (IFRS) are now the world’s most widely accepted and applied accounting standards with more than 100 countries now requiring or permitting their use.
During this comprehensive EuroMaTech training course participants will obtain an understanding of the following bodies of knowledge:
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The basic concepts of accounting and financial reporting disclosures and varying reconciling and non-reconciling differences between GAAP and IFRS
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The scope, structure, contents and components of IFRS compliant financial statements, including underlying assumptions and related footnotes disclosures
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Measurement and recognition of the various elements of international accounting principles and standards, including transition concerns
- Revenue recognition and financial reporting requirements
This comprehensive EuroMaTech accounting standards training course will enable each participant to appreciate and understand the basics and certain complexities associated with international accounting standards along with topic terminology, concepts and applications. In gaining a perspective of the origins of IFRS, the accomplishments, to date, in the development and acceptance of global accounting standards and insights into the foreseeable future, participants will gain a valuable understanding of this critical field of knowledge and be capable of contributing meaningful assistance to their respective organizations with respect to the adoption and utilization of these accounting standards.
Please click here to review the published outline for the “International Financial Reporting Standards (IFRS)” training course and seminar. Need further information or would you like to register on “International Financial Reporting Standards (IFRS)” training seminar in London between 08 - 12 Oct 2018?
Please contact us @ Tel.: +971-4-4571800, or E-mail to: info@euromatech.com
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