With the replacement of UK GAAP with FRS 102, an organisation may be facing significant changes in its financial reporting. The additional challenge faced by many organisations is that there will also be a consequential change in how an organisation reports to a US parent. This course examines the similarities and differences between the requirements of FRS 102 and US GAAP. Understanding these will help you to develop an insight into the reporting issues for an entity involved with both FRS 102 and US GAAP.
On completion of this course, you will have a greater understanding of:
- the international context of FRS 102 and US GAAP
- the similarities and differences in accounts formats
- the different approach to accounting regulation of FRS 102 and US GAAP
- the key accounting differences between FRS 102 and US GAAP.
Authored by: Lincoln Miles
Lincoln Miles is a financial reporting consultant and trainer specialising in IFRS, US GAAP and UK GAAP. He has worked as an auditor for PwC, has been a presenter and technical author for BPP and provides bespoke consultancy and training to companies throughout Europe.
A CPD certificate of completion will be provided by BPP Professional Education Limited upon successful completion of the online course.
CPD Points: 1.5
CPD Duration (hours): 1.5
Access: 12 months from purchase date