Training

 


Learning
 back      
 

The Impact of IFRS and Other Global Standards on Private Entities (111131)

REGISTRATION STATUS: OPEN

Date: Thursday, December 17, 2009
Time: 8:30am - 4:30pm (Registration at 8:00am )
Facility: MACPA Towson Center, Towson
CPE Credit: 8 Accounting
Course Type: Seminars
Provider: Emergent Solutions Group, LLC
Instructor: Jennifer F. Louis, CPA
Field of Study: Auditing, Accounting, Specialized Knowledge, Specialized Knowledge & Application
Level of Knowledge: Intermediate
Fees: $295 MACPA Members, $395 Non-Members
Referral Discount: ($100)
Student Discount: ($100)
Reciprocal Discount ($100)

Click here to add this event to your electronic calendar (then click OPEN when prompted).

Bookmark and Share


Description:

By now it is common knowledge that U.S. issuers (or publicly-traded entities) are in the process of transitioning to International Financial Reporting Standards (IFRS). The hope is that use of a single, high-quality standard will eventually empower investors to make better-informed investment decisions by enabling them to easily compare financial statements worldwide. But, what about the ultimate impact on nonissuers (or private entities)? This course will explore all of the global professional and regulatory standards currently impacting private entities.

Objectives:

Get up-to-date information related to the impact of converging to global professional and regulatory standards for U.S. private entities that desire to adopt the less complex IFRS for Private Entities over full-blown IFRS

Major Topics:

How did the need and desire for convergence to a single global set of standards evolve?

  • Opportunities and obstacles involved with transitioning to IFRS
  • Is IFRS really less complex than U.S. GAAP, and what are the critical differences?
  • Differences in the two variations of IFRS
  • IFRS standards and interpretations that are relevant for private entities
  • How will these changes impact financial statement presentation and disclosure for private entities?
  • Transitioning from U.S. GAAP to IFRS
  • What other global professional and regulatory standards are also converging with U.S. standards (generally accepted auditing standards, ethics and independence rules, etc.)?

    Who Should Attend:

    Anyone interested in the potential impact of the use of IFRS for Private Entities

    Prerequisite:

    None


    •  back