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2023: Introduction to US GAAP

Available

Virtual
All Locations
Financial reporting
Jan
1
Sun
-
Dec
31
Sun
09:30
-
PM
12:30GMT
Schedule Description: This course provides an overview of US GAAP and an understanding of the key differences between UK GAAP and IFRS.
Description
This course provides an overview of US GAAP and an understanding of the key differences between UK GAAP and IFRS.
Please choose from the dates below to view more details.
2023: Introduction to US GAAP
  • Overview
  • Course level
  • Virtual classroom
  • Trainer
  • Price
  • Team training

Introduction to US GAAP

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US GAAP is often quoted as being more rules based than IFRS which can make it feel a daunting when approaching it for the first time.

Over recent times there have been efforts to bring US GAAP and IFRS/UK GAAP closer together. Whilst there has been some progress in this area in recent times there are still differences between the different reporting frameworks.

This course is aimed at finance professionals who may work for a US subsidiary based in the UK, or are looking to move to a US organisation.

This practical workshop will break down the perceived challenges of US reporting and improve your confidence and understanding of US GAAP and how it differs from IFRS or UK GAAP.

Learning outcomes:

  • An overview of the regulatory framework under US GAAP
  • Understanding how to account for key balance sheet areas
  • Understanding how to account for key income statement areas
  • A refresher of other areas such as leases and foreign exchange

Who should attend?

Anyone using US GAAP reporting. Particularly valuable to those working in groups with US entities (either as subsidiary or parent).

Course enquiries

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This course is for:

Capability Framework

What is a virtual classroom?

A virtual classroom provides the same great learning experience as other ICAEW training, except one difference, you can learn from your desk.

Being delivered online makes it so much easier to access in a busy working week and would definitively recommend this type of training. The breakout rooms work really well to allow you to get to know the other participants and share experiences.

Virtual classroom delegate

The focus is on the learner and creating an enriching classroom experience that connects participants globally. Using video, learners can converse and interact with the trainer and other learners in real-time. Whiteboards, break-out sessions, polls, screen-sharing, and interactive Q&A create an immersive learning experience.

I think the virtual training format using Zoom, and the survey features, and break out rooms, really works great. I had no problems engaging with the facilitator and felt he listened to what we said, and kept the pace of the content moving steadily.

Virtual classroom delegate

Secure your place now and keep your skills and knowledge up-to-date.

How do I attend a virtual classroom?

Once you've booked your session, you will receive an email with your booking confirmation. The steps you will need to follow to attend your virtual classroom will arrive in a separate email closer to the date of your course.

Mike Turner

Mike Turner is a leading international accounting standards expert and professional trainer that works in the most challenging areas of the world and helps deliver complex projects that involve the implementation of IFRS and IPSAS. He works with local governments, professional accountancy organisations, policy makers and financial regulators and helps them deliver reforms for strengthening of the audit and accountancy professions for the benefit of the public interest.

Mike is an expert consultant on professional accountancy qualifications. He was the co-founder, course designer, examiner and facilitator for the US GAAP Diploma for Chartered Accountants Ireland from 2008 to 2010; the program was relaunched in 2018 and is ongoing. The delegates on this program were experienced qualified accountants that attended 20 days of training to comprehensively cover US GAAP standards and pronouncements. Mike co-authored a complete set of training materials in US GAAP.

Using a combination of illustrative, practical-based examples, including videos, and business cases, his seminars are a blend of technical knowledge and practical experience. He designs and delivers training programmes aimed at fundamental through to advanced stages and has long-standing experience of training across all continents and a wide range of cultures.

He brings not only outstanding technical expertise but also a unique ability to integrate technical financial accounting and management issues into the training environment through tailored, real-life exercises that highlight the practicalities of achieving agreed-upon learning objectives. His training always aims to fully engage the audience.

 

Rate Price
ICAEW Member  £395 + VAT
Non-Member £595 + VAT

 

Our public course programme is deliberately structured to encourage delegates from different organisations to participate. However, if you have six or more delegates who require development in the same area, we are able to run a more cost-effective and much wider range of courses tailored specifically to your organisation.

Organisations will have the choice to run our in-house courses online or in-person. 

These are ideal for organisations seeking hassle-free, flexible and cost-effective training delivered to multiple delegates at your location of choice. Whether we use our existing materials or develop new content for your business, our expertise lies in translating your requirements into a pragmatic, interactive training programme highly relevant to your people and organisation.

To discuss in-house training for your business please email academy@icaew.com or contact us through our enquiry form

 

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