A Comparison of IFRS and US GAAP – Lesson 2
Competence Area A - Technical Competence /1.5 CPD Units, PRBoA Accredited
Daily Training Limit, Time Zone and Other Reminders
Test Your Knowledge
Handouts - A Comparison of IFRS and US GAAP - Lesson 2
Module Overview - A Comparison of IFRS and USGAAP - Lesson 2
Components and Format of the Income Statement
Section Review: Components and Format of the Income Statement
Understanding the Balance Sheet
Understanding the Cash Flow Statement
Section Review: Understanding the Balance Sheet and the Cash Flow Statement
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
Conclusion
EXERCISE 1 - Questions
EXERCISE 2 - Data and Assumptions
EXERCISE 2 - Questions
ExxonMobil and the US Oil Industry Illustrate Why IFRS Bans LIFO
Case Study - Questions
A Comparison of IFRS and USGAAP - Lesson 2 Quiz
Evaluation Form and Attendance Sheet (as required under PRC Resolution no. 1244 Series of 2020)