The introductory paragraph of the American Institute of CPA’s (AICPA) publication International Reporting Standards — An AICPA Backgrounder, states…“The growing acceptance of International Financial Reporting Standards (IFRS) as a basis for U.S. financial reporting represents a fundamental change for the U.S. accounting profession. Today approximately 113 countries require or allow the use of IFRS for the preparation of financial statements by publicly held companies. In the United States, the Securities and Exchange Commission (SEC) has been taking steps to set a date to allow U.S. public companies to use IFRS, and perhaps make its adoption mandatory. In fact, on November 14, 2008, the SEC released for public comment a proposed roadmap with a timeline and key milestones for adopting IFRS beginning in 2014.”
In the Fall of 2009, Ohio Dominican University (Columbus, Ohio) will be offering a course on IFRS to its senior accounting class. I have developed that course along with the following courses in order to provide the necessary education and training in preparation for this change.
Click here the full course description and the course objectives
This is a 1 - 2 hour presentation that will provide an overview of the transition from US GAAP to IFRS.
Click here for the full course description and the course objectives
This is a full day course will explain in greater detail the differences between the International Financial Reporting Standards (IFRS) and U.S. GAAP. Topics covered in greater detail: inventory, property, plant, and equipment, leasing, income taxes, revenue recognition, and more.
To book one of Pete Margaritis’ workshops
National Bookings
Pamela Devine at the Business Learning Institute
443/632.2321 or e-mail pam@bizlearning.net
Ohio Bookings
Contact Megan Eufinger at The Ohio Society of CPAs
1-800-686-2727 X372 or e-mail MEufinger@ohio-cpa.com