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

Recorded on: May. 21, 2012
Running Time: 01:33:06

Full Transcript:


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Taken from the Web Program Basics of Accounting for Lawyers 2012: What Every Practicing Lawyer Needs to Know recorded May, 2012 in New York.

Lecture Topics  [01:33:56]

GAAP and IFRS, the Accounting Cycle, and GAAS - Why They Are Important  [01:33:56]
  • GAAP and IFRS
    -Overview of US and international fundamental principles of accounting
    -What it will 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:
  • Overview of Accounting and Auditing Frameworks and the Accounting Cycle
    Deepa Bhat
  • Overview of Accounting and Auditing Frameworks
    Lisa C. Snow
  • Accounting Fundamentals and Frameworks (PowerPoint Slides)
    Lisa C. Snow
  • 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
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