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Gain the knowledge required to read and understand the differences between IFRS and U.S. GAAP financial reports.
A recent IFRS Foundation survey found that 116 of 140 jurisdictions required IFRS for all or most companies. More than 500 foreign companies report to the SEC using IFRS which is globally accepted. Attendees will go through an IFRS financial statement and outline basic distinctions between U.S. GAAP and IFRS reports.
Formerly titled: Financial Reporting: Your Guide to Reading Financial Reports
Optional: If attending live course, feel free to bring an annual financial report prepared using IFRS or U.S. GAAP.
This course will adjourn at 4 p.m.
CPAs, auditors, consultants, accountants and financial professionals.
Bobbe Barnes is an educator and consultant with international experience in professional certification, governmental accounting and accounting Training of Trainers (TOT) programs. She has worked with the Philippines’ SEC on an Asian Development Bank (ADB) project and completed a World Bank assignment with the Institute of Chartered Accountants in England and Wales (ICAEW) training Nigerian SEC staff in International Financial Reporting Standards (IFRS). Previously, Barnes was program director of the Accounting Training Center at Kabul University and regional director of accounting education on a USAID-funded accounting reform project implemented by The Pragma Corporation in 10 countries, including five Central Asian countries plus Azerbaijan, Belarus, Moldova, Russia and Ukraine. In China, she analyzed the existing environment for CPA certification and continuing professional education against international education standards for both accounting and auditing.
Barnes has taught IFRS, US GAAP and XBRL courses worldwide through various training providers including Euromoney Training and Finansto. She also consults and conducts workshops on accounting and finance topics through her firm, Acumen Global Training, LLC. Previously, Barnes was on the faculty of the University of Texas at Austin and the University of Colorado. In addition, she served as editor-in-chief for Conviser Duffy CPA Review before its purchase by Becker CPA Review. Barnes started her career with PricewaterhouseCoopers in Toronto where she was a prize-winner on the Chartered Accountants examinations. She holds a master’s degree in professional accounting from the University of Texas at Austin and a bachelor’s degree in economics from the University of Rochester.