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GAAP vs IFRS - Navigating Global Reporting Convergence

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About the Course
This course examines the similarities and differences between US GAAP and IFRS, giving participants the practical knowledge needed to manage reporting in multinational organizations that operate under both frameworks. It is designed for finance professionals working in cross-border reporting environments.
Participants examine key areas of divergence, including revenue recognition, inventory valuation, and financial instrument accounting, and explore how convergence efforts have narrowed some differences while leaving others intact. Practical examples illustrate how framework choice affects reported results.
Learning Milestones
By the end of this course, participants will be able to:
- Compare GAAP and IFRS treatment of key accounting areas.
- Identify reporting adjustments needed when reconciling frameworks.
- Explain the history and status of GAAP-IFRS convergence efforts.
- Evaluate the impact of framework choice on reported earnings.
- Support multinational reporting under dual frameworks.
- Communicate framework-related reporting differences to stakeholders.
Professional Audience
This course is ideal for finance professionals working across GAAP and IFRS environments, including:
- Corporate accountants in multinational organizations
- Financial reporting managers
- External and internal auditors
- Financial analysts covering global companies
- Finance professionals supporting cross-border reporting
Modular Syllabus
Framework Overview and Convergence History
- Origins and governance of GAAP and IFRS
- History of the convergence project
- Current status of remaining differences
- Regulatory drivers behind each framework
- Implications of framework choice for multinationals
Course Dates & Prices
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