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GAAP and IFRS, the Accounting Cycle, and GAAS - Why They Are Important

Recorded on: Jul. 23, 2013
Running Time: 01:38:27

Full Transcript:


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Taken from the Web Program Basics of Accounting for Lawyers 2013: What Every Practicing Lawyer Needs to Know recorded July, 2013 in San Francisco.

Lecture Topics  [01:38:27]

GAAP and IFRS, the Accounting Cycle, and GAAS - Why They Are Important  [01:38:27]
  • GAAP and IFRS
    - Overview of US and international fundamental principles of accounting
    - What will it mean to switch from GAAP to IFRS
    - Current status of the US move to IFRS
  • The accounting cycle - why you need to know
  • GAAS - understanding the various levels of care inherent in audits, reviews and complications
The purchase price of this segment includes the following article from the Course Handbook available online:
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    Deepa Bhat
  • Overview of Accounting and Auditing Frameworks
    Lisa C. Snow
  • Accounting for Lawyers—GAAP, IFRS and GAAS (Powerpoint Slides)
    Karen Kincaid Balmer
  • Overview of Accounting and Auditing Frameworks and the Accounting Cycle (Powerpoint Slides)
    Deepa Bhat

Presentation Material

  • GAAP and IFRS, the Accounting Cycle, and GAAS - Why They Are Important
    Deepa Bhat
Speaker(s)
Deepa Bhat ~ Audit Manager, Abbott, Stringham & Lynch
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