transcript   Transcript

The Accounting Cycle and Comparative Accounting: GAAP, IFRS and Accounting Frameworks

Recorded on: Jul. 24, 2017
Running Time: 01:09:44

Full Transcript:

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Taken from the Web Program Basics of Accounting for Lawyers 2017: What Every Practicing Lawyer Needs to Know San Francisco recorded July 2017 in San Francisco.

The Accounting Cycle and Comparative Accounting: GAAP, IFRS and Accounting Frameworks [01:09:44]
  • GAAP and IFRSs
    • 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

Speaker: Sharon Selleck

The purchase price of this segment includes the following article from the Course Handbook available online:

  • GAAP, IFRS & GAAS Outline
    Colleen S. Vallen, Karen Kincaid Balmer
  • Technical Update Memorandum Q1-2016 (April 5, 2016)
    Sharon Selleck
  • Technical Update Memorandum Q2-2016 (July 7, 2016)
    Sharon Selleck
  • Technical Update Memorandum Q3–Q4-2016 (December 30, 2016)
    Sharon Selleck
  • Comparative Accounting Landscape (PowerPoint slides)
    Chetan Joshi
  • Microsoft Annual Report 2015
    Chetan Joshi
  • General Electric Annual Report 2015
    Chetan Joshi

Presentation Material

  • Accounting, Auditing, and the 3 Levels of Reporting
    Sharon Selleck
Sharon Selleck ~ Director, BPM LLP
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