" Understand and apply IFRS requirements, including accounting policies and disclosures " Appreciate the major technical differences between US GAAP and IFRS requirements " Evaluate the impact of these differences through the use of real-world and model financial statements " Understand the requirements and options relating to first-time adoption of IFRS " Implement the IFRS recognition and measurement rules for assets, liabilities, income, and expenses " Comply with IFRS 'fair value' measurement requirements " Apply the most recent new and revised IFRS standards " Increase planning opportunities through awareness of likely future IFRS changes, including prospects for convergence with US GAAP and other major national accounting standards HIGHLIGHTS " Review of the rationale and objective for IASB standards " Description and explanation of IFRS technical requirements in clear and simple language " Use of case studies and real-world examples to illustrate practical application of the standards " Presentation and comparison of current and likely future critical technical differences between accounting principles under IFRS and US GAAP " Use of real-world and model financial statements and case studies to illustrate differences " Discussion of prospects and likely timetable for global accounting convergence WHO WILL BENEFIT " CPAs, including analysts, in industry and practice LEVEL Basic CPE CREDIT Classroom: 24 NASBA FIELD OF STUDY Accounting: 24 PREREQUISITE None PRODUCT ORDERING INFORMATION On-Site Training: IA1020 VENDOR IASeminars

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