Financial Reporting in the USA – US GAAP Explained
Course
In City of London
Description
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Type
Workshop
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Location
City of london
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Class hours
6h
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Duration
1 Day
This course will enable delegates to be able to understand and apply the main requirements of US ‘generally accepted accounting principles’, as used (i) by US groups which have UK or other European subsidiaries, or (ii) by US subsidiaries within UK groups.
Facilities
Location
Start date
Start date
About this course
Accountants working for UK or other European groups which have US subsidiaries, or accountants working for UK subsidiaries of US groups. No prior knowledge of US GAAP is assumed, but a working knowledge of either UK or IFRS financial reporting is assumed.
Reviews
Subjects
- Presentation
- Financial Reporting
- IFRS
- Auditing
- Accounting
- IT Auditing
- International
- Financial
- Property
- Accountants
- Financial Training
- FASB
- US GAAP
- SEC
- Inventory Accounting
- Deferred Tax
Teachers and trainers (1)
Chris Nobes
Teacher
Chris is Professor of Accounting at Royal Holloway, University of London. Previously he has taught in the Universities of Reading, Exeter and Strathclyde. He has held temporary posts at universities in San Diego, New York, Sydney, Hobart and Auckland. He has been a visiting professor at the Universities of Venice, Nyenrode (Netherlands) and Pompeu Fabra (Barcelona), and is now a visiting professor at the Norwegian School of Management.
Course programme
- Causes and scale of transatlantic differences
- Sources of US GAAP: FASB, SEC
- Accounting terminology and presentation
- Revenue recognition: new US GAAP
- Inventory accounting
- Property, plant and equipment, including new lease accounting standard
- Intangibles and impairment
- Financial instruments
- Provisions and contingencies
- Pensions and share-based payments
- Deferred tax
- Foreign currency translation
- Mergers and acquisitions
- Summaries of differences from UK and IFRS accounting
Financial Reporting in the USA – US GAAP Explained