Certificate Program in US GAAP by Ernst & Young
- Offered byEY
Certificate Program in US GAAP by Ernst & Young at EY Overview
Duration | 60 hours |
Mode of learning | Online |
Difficulty level | Intermediate |
Credential | Certificate |
Certificate Program in US GAAP by Ernst & Young at EY Highlights
- 8 Live Online Sessions of 8 Hours Each
- 6 month?s access to Recorded Lectures
- EY Certificate of Completion post assessment
- EY Presentations and Publications
- Query handling through dedicated email support
- Course Schedule: Batch Start Date: 7th November 2020
Certificate Program in US GAAP by Ernst & Young at EY Course details
- The program is most suited for professionals and students who are working on USGAAP or intend to learn the US GAAP and include:
- Professional accountants, company secretaries, management accountants, and other finance professionals
- Finance managers, financial controllers, accountants
- MBA finance professionals working in accounting domain
- Accounting graduates
- Understand and explain the structure of the framework of the US GAAP
- Apply relevant ASCs and ASUs to key elements of financial reporting
- Identify and apply disclosure requirements for companies in financial reports and notes
- Achieve a practical understanding of the key concepts and complex areas in the fields of reporting and disclosures through illustrations, case studies, examples and assessments covered in the program
- US based companies are required to follow the US Generally Accepted Accounting Principles (US GAAP) issued by the Financial Accounting Standards Board (FASB). In this program, EY professionals and senior industry experts will share perspective on the US GAAP including Accounting Standards Codification (ASC) ASC 606 ? Revenue from Contract with Customers, ASC 842 - Leases, ASC 326 ? Impairment of Financial Assets, ASC 860 ? Transfer and Servicing Assets and Liabilities, ASC 805 - Business Combinations and Accounting Standard Updates (ASU)
- The program aims to provide understanding on the US GAAP through the EY experience, while focusing on practical challenges faced by industry and professionals in the application of these standards. The program embeds an inclusive discussion on recognition, measurement, presentation and disclosure requirements for different ASCs and ASUs.
Certificate Program in US GAAP by Ernst & Young at EY Curriculum
Introduction to US GAAP
Origin of ASC (Codification), ASC and standards issued by Securities and Exchange Commission (SEC), ASU, FASB Conceptual Framework
General Purpose Financial Statements
Balance Sheet, Profit and Loss Account, Statement Of Changes in Equity (SOCIE)
ASC 230
Statement of Cash Flows ASC 250 Accounting Changes and Error Correction
ASC 740
Income Taxes
ASC 360
Property, Plant and Equipment
ASC 350
Goodwill and Other Intangibles ASC 330 Inventories
ASC 830
Foreign Currency Matters
ASC 805
Business Combinations ASC 810 Consolidated Financial Statements ASC 320 Investment in Debt Instruments
ASC 321
Investment in Equity Instruments
ASC 326
Impairment of Financial Assets
ASC 815
Derivatives and Hedging
ASC 860
Transfer and Servicing Assets and Liabilities ASC 260 Earnings Per Share
ASC 280
Segment Reporting
ASC 718
Share Based Payments ASC 820 Fair Value Measurements
ASC 606
Revenue from Contract with Customers
ASC 842
Leases