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US GAAP - Introduction

BPP Professional Education
Course summary
6 hours
634 GBP excl. VAT
London
Next available date: 10/12/2019 - London

Course description

US GAAP - Introduction

Despite having a great deal of common purpose and common concepts, the accounting principles in Europe and the US can lead to markedly different financial statements. Those dealing with US parent or subsidiary organisations require an understanding of the key differences between US and UK GAAP.

This introductory course provides an overview of the workings of US GAAP and highlights the significant differences between accounting principles followed in the US and in the UK. The US regulatory background is outlined, together with specific matters affecting the balance sheet, the income statement and key disclosures.

Suitability - Who should attend?

This course will benefit those who have little or no experience of US GAAP, and who are in need of a basic understanding of the differences between US GAAP and UK GAAP.

Outcome / Qualification etc.

Learning outcomes include obtaining a greater understanding of:

  • The US regulatory environment
  • The format and contents of financial statements under US GAAP
  • Commonly encountered balance sheet issues
  • Commonly encountered income statement issues
  • Disclosure issues
  • The ‘roadmap’ for convergence between IFRS and US GAAP

Please note that some of the more complex standards are not covered during the introductory day. These standards are covered inUS GAAP - Advanced.

About provider

BPP Professional Education

BPP Professional Education -  Accountancy, Tax, Financial Services, Law & Insolvency Courses

BPP Professional Education is one of the specialist examination-based and professional development training arm of the BPP Group, Europe's biggest professional education and publishing provider with 2,000 staff members across 40 countries and over 30,000 students per year. BPP Professional Education...


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BPP Professional Education

3 London Wall Buildings
EC2M 5PD London

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