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

This intensive, three-day course is designed for financial executives of U.S. subsidiaries of foreign companies, U.S. companies accessing foreign capital markets, those with international investors, or any other company reporting under IFRS.

The course content provides in-depth, practical knowledge about the preparation of financial statements in compliance with International Financial Reporting Standards (IFRS), key differences between U.S. GAAP and IFRS, and a variety of challenges involving transitioning to and adopting IFRS. Participants are also provided an overview of the impact on non-accounting areas, such as systems, processes and controls. In addition, this course covers the new IFRS standards for revenue recognition, financial instruments, and leasing and compares them with the related U.S. GAAP requirements.

Additional dates to be announced.
CPE Credit:
$2,795 **

Venue and Hotel Details


  • 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
  • Property, Plant, and Equipment & Discontinued Operations
  • Revenue Recognition
  • Provisions, Contingent Liabilities, and Contingent Assets
  • Leases
  • Debt vs. Equity Classification
  • Inventory
  • Investment Property
  • Consolidation, Equity Method Investees, Joint Ventures
  • Impairment of Long-Lived Assets
  • Business Combinations and Noncontrolling Interests
  • Subsequent Events/Events after the Reporting Period
  • IFRS 1
  • Financial Instrument Disclosures
  • Presentation of Financial Statements
  • Statement of Cash Flows
  • Conversion to IFRS

Program Details

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

Course Leaders

Partners and Senior Managers from KPMG's Audit Quality and Professional Practice group

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

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

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

If you have previously attended this course, you may not be eligible for CPE credits. Please contact KPMG Executive Education to confirm your eligibility.