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 2

  • 4

    Module Overview

    • Module Overview - A Comparison of IFRS and USGAAP - Lesson 2

  • 5

    Components and Format of the Income Statement

    • Components and Format of the Income Statement

  • 6

    SECTION REVIEW: Components and Format of the Income Statement

    • Section Review: Components and Format of the Income Statement

  • 7

    Financial Statements - Balance Sheet and Cash Flow

    • Understanding the Balance Sheet

    • Understanding the Cash Flow Statement

  • 8

    SECTION REVIEW: Understanding the Balance Sheet and the Cash Flow Statement

    • Section Review: Understanding the Balance Sheet and the Cash Flow Statement

  • 9

    Specific Financial Statement Accounts

    • Inventory

    • Non-Current Assets

    • SECTION REVIEW: Inventory and Non-Current Assets

    • Intangible Assets and Impairment Losses

    • Income Taxes

    • Non-Current Liabilities

    • SECTION REVIEW: Income Taxes and Non-Current Liabilities

  • 10

    Chapter 3 : Conclusion

    • Conclusion

  • 11

    EXERCISES

    • EXERCISE 1 - Questions

    • EXERCISE 2 - Data and Assumptions

    • EXERCISE 2 - Questions

  • 12

    CASE STUDY

    • ExxonMobil and the US Oil Industry Illustrate Why IFRS Bans LIFO

    • Case Study - Questions

  • 13

    Quiz

    • A Comparison of IFRS and USGAAP - Lesson 2 Quiz

  • 14

    Evaluation Form

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

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