CPE Self-Study
IFRS vs. U.S. GAAP: Key Differences
Text: 5.0, Online: 3.0
Provides a comparison of common differences between significant financial statement line items under the IFRS and US GAAP reporting frameworks.

CPE On-Demand
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Product details

Expand your knowledge.

Who Will Benefit?

  • Those who work for multinational entities whose subsidiaries record accounting transactions in U.S. GAAP and IFRS as well as those who provide audit, assurance, advisory, and consulting services to multi-national organizations
  • Investors who seek to understand how entities that report financial results under the different frameworks compare

Key Topics

  • Significant differences in accounting treatment between U.S. GAAP and IFRS.
  • Leases
  • Financial Instruments
  • Consolidation
  • Business Combinations
  • Share-based Payments
  • Inventory
  • Intangible Assets and goodwill
  • Conceptual Framework and Financial Statement Presentation
  • Income Taxes
  • Employee Benefits

Learning Objectives

  • Identify significant differences when accounting for transactions under U.S. GAAP and IFRS across major financial statement line items.

Working for multinational entities whose subsidiaries record accounting transactions in U.S. GAAP and IFRS can be challenging.

This CPE self-study course provides a comparison of common differences between significant financial statement line items under the IFRS and US GAAP reporting frameworks to help you expand your knowledge.

For each topic addressed, the course provides you with:

  • A conceptual discussion of the two standards;
  • A detailed analysis of differences; and,
  • Application-based scenarios and exercises that allow application of the material learned.
Table of contents
Ratings and reviews

Stephen Shamrock, CPA, CMA, CFM


American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

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CPE credits
: 5.0,
: 3.0
NASBA Field of Study
Foundational knowledge of IFRS and U.S. GAAP.
Delivery Method
QAS Self-Study
Course acronym
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