Objectives of the Presentation:
- Understand the impact of IFRS on U.S. GAAP and non public companies
- Learn effective and efficient techniques for implementing changes resulting from transition to IFRS and alternatives for non public companies
- IASB to develop Standards that bring transparency, accountability and efficiency to financial markets around the world
- It also helps companies to develop their accounting policies and assists understanding and interpretation of accounting Standards
- Things you need to know about IFRS
- Differences highlighted include but are not limited to
- - Financial Statement Impact
- - Financial instruments, deferral of development costs
- - Fixed asset componentization- accounting for groups- first time adoption of IFRS
Why Should you Attend:
In 2011, the Securities and Exchange Commission decided on the path of transition by public companies to the use of International Financial Reporting Standards. What are IFRS? What happens to U.S. GAAP? Are there alternatives for non-public companies? Find out what you need to do to be prepared.
This webinar will focus on the correct application of the IFRS reporting standards and will also include an update on the recent work done by the International Accounting Standards Board.
- Status of IFRS in the U.S.
- Future of U.S. GAAP
- Impact on non-public companies
- Development of alternatives for non public companies
- Understand the scope and transitional issues of IFRS adoption
- Financial statement impact, pensions, share based payments
- Taxation, accounting for groups, leases, intangible assets
- First time adoption of IFRS, technical updates
Athena Finance Group, Inc
Candace is owner of Athena Finance Group, Inc. specializing in strategic planning, distressed entity recovery, valuations, and educational programs. Athena's mission is to pursue and communicate the information clients need. This is accomplished through a cooperative working relationship. Based on solid strategy, the outcome is an expansion of the opportunities of those served.
Candace was associated with Ernst & Young in the tax and then auditing area, serving small, midsized and SEC clients during her tenure. She gained significant experience with various industries including manufacturers, automobile dealerships and securities brokers.
Upon leaving Ernst & Young, Candace pursued and obtained her Masters of Professional Accountancy from Clemson University and proceeded to her career in the educational arena, teaching at Clemson University, Furman University, and the University of North Carolina at Greensboro. She returned to Clemson in the Fall of 2006 and remained through Spring of 2012. In addition to undergraduate and graduate education, Candace has developed and taught various continuing education courses in both live format and through webcast technology.
- Financial reporting staff of large organizations and entities
- Auditors, Financial Controllers, Tax Professionals, Accounting & Finance Departments
- Business Owners, Department Managers, Business and Financial Analysis
- Corporate Financiers and Investment Bankers