IFRS - Practical Application and Comparison to U.S. GAAP

This intensive, two-day course is intended to provide an understanding of International Financial Reporting Standards (IFRS), some of the key differences between IFRS and U.S. GAAP, and what is required to reconcile those differences.

It is designed for financial executives of U.S. subsidiaries of foreign companies, as well for executives of U.S. domiciled companies interested in accessing capital markets outside the United States which require the preparation of financial statements in accordance with IFRS.  Past sessions received excellent marks from attendees for both the extent of the topics covered and the practical knowledge of the presenters.

Integrated into the program is discussion of significant non-accounting considerations that must be considered, such as the impact on systems, processes, and controls when transitioning from U.S. GAAP to IFRS. In addition, sufficient time has been reserved for Q&A.

Date/Location:
9/25-26 Chicago
11/20-21 Las Vegas
CPE Credit:
16
Tuition:
$1,795 **

Agenda

  • General IFRS
  • IFRS Framework
  • IFRS in the United States
  • Financial Instruments
  • Share-Based Payments
  • Derivatives and Hedge Accounting
  • Pensions and Postretirement Benefits
  • Income Taxes
  • Derecognition/Transfers of Financial Instruments
  • Intangible Assets
  • Revenue Recognition
  • Provisions, Contingent Liabilities, and Contingent Assets
  • Leases
  • Debt vs. Equity Classification
  • Consolidation, Equity Method Investees, Joint Ventures
  • Impairment of Long-Lived Assets
  • Business Combinations and Non-controlling Interests
  • Financial Instrument Disclosures
  • Presentation of Financial Statements
  • Conversion to IFRS

Program Details

Prerequisite:   Knowledge of Basic Accounting
Preparation:   None
Level of Knowledge:   Update
Field of Study:   Accounting
Delivery Method:   Group Live, Instructor-Led Course

Course Leaders

Partners and Senior Managers from KPMG’s Department of Professional Practice

Course Testimonials

“The instructors were very knowledgeable and I really like the fact that they interacted with us during lunch and breaks.” – Financial Reporting Manager, Large Developer of Medical Devices


  • Attend Any 2 Executive Education Courses Per Person and Save!*
    Apply coupon code COMBO300 at checkout to receive $300 off the combined purchase price.
  • Discounts Available for Groups of 3 or More Registering for the Same Session!*
    For more information, call 201-505-6062 or email us-kpmglearning@kpmg.com.

* Discounts cannot be combined and must be applied at time of initial registration.

** Tuition price includes daily breakfast, lunch, and morning and afternoon refreshments.