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.
CPD Points: 1.5
CPD Duration (hours): 1.5
Access: 12 months from purchase date