Richey May – IFRS vs US GAAP – Investment Companies
Description
The session will provide U.S. auditors a high-level overview the significant differences between IFRS reporting and U.S. GAAP for investment companies, as well as the additional audit procedures to be performed under US GAAS.
Learning Objectives
After completing this course, you will be able to:
Understand the significant differences in the financial accounting and reporting requirements under IFRS as compared to U.S. GAAP for investment companies (e.g., hedge funds, mutual funds, etc.).
Understand the unique audit procedures to be performed when auditing investment companies that report under IFRS.
Major Topics
Significant IFRS vs US GAAP accounting and reporting differences for investment companies
Additional audit procedures to be performed under US GAAS for investment companies that report under IFRS
Provider
Business Learning Institute
Course Level
Intermediate
Professional Area of Focus
Accounting & Auditing
CPE Field of Study
Accounting
1.0
Auditing
1.0
Who Should Attend
External auditors and preparers of investment company financial statements
Instructor(s)
Salvatore Collemi
Prerequisites
Experience in accounting & financial reporting and auditing of investment companies
