Reporting Under IFRS--Nonfinancial Assets Webcast (8112159A)

While the IASB and FASB are working on converging IFRS and U.S. GAAP, accounting and finance professionals need to understand both sets of standards. Today, there are considerable differences in how each standard treats key items, such as inventory, property, plants and equipment, intangible assets, impairment of assets and investment property. To help you make the significant adjustment required for converting from one framework to another, this course provides you with a detailed roadmap and guidance. Understand the differences between the ways that IFRS and GAAP handle nonfinancial assets and the resulting implications on financial reporting. Recent pronouncements, including exposure drafts, will be reviewed.