Course description
US GAAP - Learn about the generally accepted accounting principles in the US
This in house training course covers the US Generally Accepted Accounting Principles (US GAAP) which are used by all major North American companies and their international branches, as well as by foreign companies that are listed on a US stock exchange.
In general, US GAAP is regarded as being more complex than UK GAAP and IFRS in many aspects and following US GAAP can lead to notably different financial results.
Financial Fluency will present you relevant accounting advice in US GAAP. Training sessions will be delivered by their US GAAP team including a partner in a big Accountancy firm, as well as practitioners and experienced full time trainers.
The course covers the latest updates in this area and features the latest US GAAP assignments:
- Training the UK Financial Reporting team of a company which were acquired by a US parent
- Training the global Financial Reporting team of a telecoms operating outside the US but reporting under US GAAP
- Delivering the purchase price under US GAAP and IFRS of the takeover of a US corporation by a large UK company
- Performing a diagnostic of IFRS to US GAAP differences for a large US Corporation
Upcoming start dates
Suitability - Who should attend?
This course is suitable for accounting and financial teams who wish to gain a general understanding of the US GAAP and be able to apply its principles.
Training Course Content
This course content can be tailored to meet your training requirements. Example content includes:
- Key differences between US GAAP, UK GAAP and IFRS.
- The convergence roadmap of IFRS and US GAAP.
- The US regulatory environment.
- The format and contents of financial statements for public companies in the US.
- US GAAP framework and presentation requirements
- US GAAP Complexities, such as:
- Inventories
- Investments
- Property plant and equipment issues
- Leases
- Interest capitalisation
- Impairment
- Intangible assets
- Compensated absences and pension costs
- Financial instruments
- Derivatives and hedging activity
- Revenue and cost recognition
- Deferred taxation
- Consolidation issues
- Provisions
- Share based payments
Expenses
Financial Fluency can deliver this course as in house training for your company staff anywhere in the UK. Experienced instructors at Financial Fluency will deliver tailored and focused courses, spending time getting to know your team, developing your key competencies and offering you a cost-effective solution.
Request information - obligation free
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Financial Fluency: Experienced providers of tailored financial and non-financial training courses
Financial Fluency are a team of highly motivated and experienced trainers who are passionate about helping others learn. Financial Fluency specialise in designing and delivering a wide range of financial and non-financial training courses in a number of highly successful...