The session will provide U.S. auditors a high-level overview the significant differences between IFRS reporting and U.S. GAAP for investment companies, as well as the additional audit procedures to be performed under US GAAS.
Course ID: IFRSGAAP
IFRS vs US GAAP – Investment Companies
After completing this course, you will be able to:
- Understand the significant differences in the financial accounting and reporting requirements under IFRS as compared to U.S. GAAP for investment companies (e.g., hedge funds, mutual funds, etc.).
- Understand the unique audit procedures to be performed when auditing investment companies that report under IFRS.
- Significant IFRS vs US GAAP accounting and reporting differences for investment companies
- Additional audit procedures to be performed under US GAAS for investment companies that report under IFRS
Who Should Attend
External auditors and preparers of investment company financial statements
Fields of StudyAccounting, Auditing
Experience in accounting & financial reporting and auditing of investment companies