Course Curriculum

  • 1

    Important Reminders Before You Start Your Training

    • Daily Training Limit, Time Zone and Other Reminders
  • 2

    Test Your Knowledge

    • Test Your Knowledge
  • 3

    Handouts

    • Handouts - A Comparison of IFRS and US GAAP - Lesson 1
  • 4

    Introduction

    • Two Accounting Standards

    • SECTION REVIEW: Two Accounting Standards
  • 5

    The Convergence Project

    • The Convergence Project

    • SECTION REVIEW: The Convergence Project
  • 6

    US GAAP, Due Process and Reliability

    • US GAAP, Due Process and Reliability

    • SECTION REVIEW: US GAAP, Due Process and Reliability
  • 7

    General Comparison of US GAAP and IFRS

    • IFRS and Principle-Based Accounting

    • Comparison of IFRS and US GAAP

    • Financial Statement Elements

    • SECTION REVIEW: IFRS and Principle-Based Accounting
  • 8

    EXERCISES

    • EXERCISE 1 - Instructions

    • EXERCISE 1 - Questions

    • EXERCISE 2 - Instructions

    • EXERCISE 2 - Questions
  • 9

    CASE STUDY

    • Enron and the Shift from Rules-Based to Principles-Based Accounting Standards

    • CASE STUDY QUESTIONS
  • 10

    Key Points

    • Key Points - A Comparison of IFRS and USGAAP - Lesson 1
  • 11

    Quiz

    • A Comparison of IFRS and USGAAP - Lesson 1 Quiz
  • 12

    Evaluation Form

    • Evaluation Form and Attendance Sheet (as required under PRC Resolution no. 1244 Series of 2020)