This accounting CPE course serves as a detailed introduction to international Accounting Standards, as well as functions as an excellent refresher for those working in that arena. Topics explored in the CPE class include the history of IFRS, cultural aspects that affect the standards, the structure of the standards and the OFRS conceptual framework. It also reviews the requirements for an entity's first time application of IFRS.
In additional to the exceptional content, Jeff Sailor includes his signature video parodies, which are designed to reinforce the material as well as keep this course interesting and entertaining.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Describe the purpose of IFRS
Describe the history of the IASB and IFRS
Describe the cultural aspects which affect the standards
Describe major differences between IFRS and GAAP
Describe the basic structure of the IFRS standards
Describe the IFRS Conceptual Framework
Apply the standards for first time application of IFRS
