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The Impact of IFRS and Other Global Standards on Private Entities
Start Date (Local)
7/25/2013 3:00:00 PM Eastern (EST/EDT)
7/25/2013 5:00:00 PM Eastern (EST/EDT)
Field of Study
Accounting -- 2 Credits
By now it is common knowledge that U.S. issuers (or publicly-traded entities) are in the process of possibly transitioning to International Financial Reporting Standards (IFRS). The hope is that use of a single, high-quality standard will eventually empower investors to make better-informed investment decisions by enabling them to easily compare financial statements worldwide. But, what about the ultimate impact on nonissuers (or private entities) This course will explore all of the global professional and regulatory standards currently impacting private entities.
Some knowledge of regulatory standards
Upon completion of this course, participants will be able to discuss the most important considerations and issues related to the impact of converging to global professional and regulatory standards for U.S. private entities that desire to adopt the less complex IFRS for Private Entities over full-blown IFRS