Course Description
The Financial Accounting Standards Board (FASB) is recognized by the Securities and Exchange Commission (SEC) as the designated accounting standard setter for US public companies. For more than 40 years FASB has established and improved financial accounting and reporting standards. From 2002 until 2014 it worked with the International Accounting Standards Board (IASB) on a series of projects to converge and improve both US GAAP and International Financial Reporting Standards (IFRS). As things currently stand, both standard-setting bodies are working separately on the own agendas.
A knowledge of US Generally Accepted Accounting Principles (US GAAP) is vital to those entities that currently are or, plan to be, publicly listed in the US. Subsidiaries of US parent companies also have an important need to understand US GAAP in order to comply with consolidation rules and corporate information requirements.
This US GAAP program is intended for those responsible for the preparation of financial statements or reporting packages under US GAAP or simply for those who wish to better understand US GAAP. The program includes a detailed discussion of the most significant standards and their practical applications. Prior experience of US GAAP is not required to join this program.
This 5 days program provides a rigorous review of major technical US GAAP requirements, including pronouncements of:
The accounting requirements are presented using illustrative financial statements and examples, with interactive participation from the participants encouraged. In addition to a review of current US GAAP, this program also presents information on likely future pronouncements and the probable impact of their adoption.
This program answers questions such as:
This program is primarily designed for those who currently prepare or are planning on preparing their financial statements under US GAAP. It is also suitable for those employed by subsidiaries of US parents’ companies in order to comply with US consolidation rules. The program is designed for industrial controllers, accountants, and auditors and finance professionals who want to solidify their knowledge of US GAAP.
Course Structure
The methodology used is designed to encourage maximum participation by all delegates. The presenter will suggest ideas and theories to the delegates and then encourage them to test out the ideas using discussion, small group work, exercises and feedback. Delivery method also includes:
About the Provider
Course Provider Contact
Program Dates: 13-17 May 2019
Registration Closes on: 31 March 2019
Program Fee: $3500
Fee Covers: Visa Assistance, Participant Assessment, Airport Pickup, Accommodation, Wi-Fi, Breakfast, Workshop Kit, Interactive workshop, Program Materials, Local Expert, Practical Activities, Lunch, Refreshments, City Map, Field Visit, Certificate & Boat Tour.
For additional questions or assistance please contact us using the information below:
Email: baziari@risalatconsultants.com
Cell/ Viber/ Whatsapp: +995 555 11 66 22
Website: www.risalatconsultants.com
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