IFRS
The transition around the world to International Financial Reporting Standards (IFRS) is the most important development ever seen in the world of accounting. The European Commission has made IFRS (a single set of high quality, understandable, and enforceable global accounting standards) mandatory for all 7000 EU public companies (including some 2000 in the UK alone) from financial year 2005. Outside of the EU, a number of other significant regions such as Australia, Russia, and the Middle East are currently adopting IFRS, with others including the USA, Canada, China, and Japan being already committed to a path of future convergence.
Top Finance, in partnership with IASeminars, is proud to offer a broad range of IFRS courses in locations around the world.
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US GAAP
US GAAP stands for US Generally Accepted Accounting Principles. These accounting standards are complex and comprehensive, and are used by all major American companies, as well as their international affiliates. US securities laws also impose US GAAP reporting and filing requirements on all foreign companies that are listed on a US stock exchange (e.g. NYSE, NASDAQ), unless that company files in full compliance with IFRS. US GAAP, however, differs from IFRS in many significant respects.
Top Finance and IASeminars offer an exhaustive range of US GAAP courses worldwide, as well as Governance & Compliance courses that may interest such listed companies.
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Comparative Accounting
Our Comparative Accounting courses focus on the differences between IFRS and other accounting standards, illustrated with real-world examples and case studies. Many of these courses also include an introduction to the requirements for and practicalities of first-time adoption of IFRS. In addition to Comparative Accounting, we provide training on International Public Sector Accounting Standards (IPSAS), which focus on the accounting and financial reporting needs of governments, their agencies, and public sector entities around the world, including the UN, the European Commission, and NATO.
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