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International Versus U.S. Accounting: What in the World is the Difference?

Product Reviews

International Versus U.S. Accounting: What in the World is the Difference?

International Versus U.S. Accounting: What in the World is the Difference

Customer Reviews for International Versus U.S. Accounting: What in the World is the Difference?

INTERNATIONAL VERSUS U.S. ACCOUNTING: WHAT IN THE September 18, 2009
Written by: Kurt (Spencer, IA)

This course did a good job of covering the differences between FASB and IASB. Its a good introductory course for this subject.

Reviewer Profile
Job Type: Business & Industry
Experience with this Topic: Beginner
Are you a CPA?: Yes

Review 2 for International Versus U.S. Accounting: What in the World is the Difference?

Very detailed introduction to IFRS August 25, 2009
Written by: Anonymous (Durham, NC)

I took this course to get a good introduction to IFRS. I had previously taken some one to two hour courses on IFRS just to get some CPE, but I really wanted a more in depth understanding of just what all is going to change. This course provided me what I was looking for. I was a bit intimidated when the manual showed up on my doorstep. It was HUGE! However, a lot of the stuff in the book are examples of financial statements, questions, etc, that are not necessary to complete the course. The only complaint I have about this course is that I wish they gave more detailed examples. There were a few instances where they talk about a change in accounting method in a very high level way, and I would find myself thinking that it would be nice to see an example of how that would apply in the real world. Overall, I was very pleased with this product.

Reviewer Profile
Job Type: Business & Industry
Are you a CPA?: Yes

Review 3 for International Versus U.S. Accounting: What in the World is the Difference?

International Versus U.S. Accounting August 21, 2009
Written by: Russell (Madison, WI)

I found this text to be insightful yet direct in its approach to detailing the differences between U.S. and International accounting. Its approach is very matter-of-fact in explaining the differences which is good for those that want a 'quick hit' reference guide. However, I would recommend more explanation as to the genesis of the IFRS reasoning for specific differences. Specifically, addressing the question of why the IFRS standard approaches an accounting concept the way it does.

Reviewer Profile
Job Type: Business & Industry
Job Title: Manager
Experience with this Topic: Beginner
Are you a CPA?: Yes

Review 4 for International Versus U.S. Accounting: What in the World is the Difference?

Good Beginning IFRS Course July 30, 2009
Written by: Heather (RI)

I took this course hoping to get a good overview of IFRS. This course provided just that. It provides a useful background for the creation and use of IFRS. It provides an excellent overview of the differences between IFRS and US GAAP. The only thing I would change would be to update some items for current changes. The course references items that were changing by a certain date which has since passed. This made some of the review questions a little difficult to answer correctly. Overall, it was worth the time and money.

Reviewer Profile
Job Type: Business & Industry
Are you a CPA?: Yes

Review 5 for International Versus U.S. Accounting: What in the World is the Difference?

International Versus US Accounting: What in the Wo July 24, 2009
Written by: Brian B (Chatham, NJ)

This was very helpful as it stands. However, there has been much happening in the world of convergence with the new SEC Commissioner coming onboard with the new administation that was not reflected in this program. Perhaps an additional section could be added to reflect what has happened since this program was originally produced.

Reviewer Profile
Job Type: Business & Industry
Job Title: VP Finance
Experience with this Topic: Advanced
Are you a CPA?: Yes

Review 6 for International Versus U.S. Accounting: What in the World is the Difference?

IFRS vs GAAP: What is the difference July 6, 2009
Written by: Helen (New Hampshire)

Very specific at the time as to differences between the two. Excellent case studies and examples of documentation. Very useful base of information.

Reviewer Profile
Job Type: Consulting
Job Title: Manager
Experience with this Topic: Intermediate
Are you a CPA?: Yes

Review 7 for International Versus U.S. Accounting: What in the World is the Difference?

International Versus U.S. Accounting: What in the June 26, 2009
Written by: Anonymous (United States)

I found this course to be excellent. Not only am I a CPA but I am also a full time instructor at a small college and I wanted to take a good course on IFRS to keep current for my classes. This course was perfect, easy to understand, and very complete. It was just what I was looking for.

Reviewer Profile
Job Type: Public Accounting
Job Title: Sole Practitioner
Experience with this Topic: Intermediate
Are you a CPA?: Yes

Review 8 for International Versus U.S. Accounting: What in the World is the Difference?

Good introduction June 26, 2009
Written by: John D. (New York, NY)

This book was a good introduction to IFRS-- not going too much in detail but giving you more than a high-level summary and included some numerical examples, etc. There's a lot to cover, so I found I better understood the content by going one chapter at a time. Also, I would recommed reading through the financials in the book after learning the material as it helps reinforce the concepts learned with real examples. For anyone intimidated by IFRS, this book will put you more at ease. I feel more comfortable performing a "deep dive" study into IFRS after taking this course.

Reviewer Profile
Job Type: Business & Industry
Job Title: Director
Experience with this Topic: Beginner
Are you a CPA?: Yes

Review 9 for International Versus U.S. Accounting: What in the World is the Difference?

IFRS made easy June 26, 2009
Written by: Jon B. (Pittsburgh, PA)

This book helped me to understand the major differences between US GAAP and IFRS, and was helpful in performing the first IFRS audit that my firm has been engaged to do. While it was not as technical in nature as would be required for the purpose of writing an audit issues memo, it alerted me to areas that I could research in further detail. I would recommend it to CPAs wanting to know the big picture differences between US GAAP and IFRS, as well as college and graduate students.

Reviewer Profile
Job Type: Public Accounting
Job Title: Staff
Experience with this Topic: Intermediate
Are you a CPA?: Yes

Review 10 for International Versus U.S. Accounting: What in the World is the Difference?

International Versus U.S. Accounting April 30, 2009
Written by: Marilyn A. (Orange County, CA)

This was a particularly useful course. The subtitle, "What in the World Is the Difference" stated the subject matter precisely. The course took the mystery and, if I may say, the fear out of this topic. I understand the scope and depth of differences much better AND the underlying logic for these differences.

I highly recommend this course for anyone who needs an overview and confidence to get started.


Reviewer Profile
Job Type: Consulting
Job Title: CEO
Experience with this Topic: Intermediate
Are you a CPA?: Yes

Review 11 for International Versus U.S. Accounting: What in the World is the Difference?

International vs. US Accounting April 29, 2009
Written by: Anita E

This product gave me an overall view as well as specific areas where IFRS and U.S. GAAP differ. This information was helpful in helping me to focus on the differences and learn more specifically what will change if/when all companies must adhere to IFRS guidance rather than GAAP. After having read and reviewed this information, I feel that I am better informed on where the accounting guidance is heading.

Reviewer Profile
Job Type: Business & Industry
Are you a CPA?: Yes

Review 12 for International Versus U.S. Accounting: What in the World is the Difference?

Good introduction to IFRS April 29, 2009
Written by: Jane M

This book provides a good introduction to IFRS without getting lost in all the details. It highlights the important differences for quick referencing, rather than providing lengthy explanations that one would find in a GAAP handbook. Highly recommended for those conversed in US GAAP but need to be familiar with IFRS.

Reviewer Profile
Job Type: Business & Industry
Are you a CPA?: Yes

Review 13 for International Versus U.S. Accounting: What in the World is the Difference?

IFAS vs GAAP April 29, 2009
Written by: Anonymous (Tucson, AZ)

Great Product...summarized key differences and gave good overview of transistion items

Reviewer Profile
Job Type: Tax/Financial Planning
Job Title: Staff
Experience with this Topic: Intermediate
Are you a CPA?: Yes

Review 14 for International Versus U.S. Accounting: What in the World is the Difference?

A Good Start April 28, 2009
Written by: Stacy S. (Little Rock, AR)

Great introduction to IFRS by way of comparison to GAAP. Informative and easy to comprehend for an overview of the basic principles and the differences in standards. The abundance of examples provides the "visual" user with the data necessary to delve deeper when implementation is required.

Reviewer Profile
Job Type: Tax/Financial Planning
Experience with this Topic: Intermediate
Are you a CPA?: Yes

Review 15 for International Versus U.S. Accounting: What in the World is the Difference?

International Versus U.S. Accounting April 28, 2009
Written by: Anonymous (Norfolk, VA)

This is an excellent introduction to international accounting rules. The manual is a good reference tool for the differences between GAAP and IFRS. In addition to providing examples of the reporting differences, the manual also details the history of IFRS and the structure and operation of the IASB.

Reviewer Profile
Job Type: Business & Industry
Job Title: Controller
Experience with this Topic: Beginner
Are you a CPA?: Yes

Review 16 for International Versus U.S. Accounting: What in the World is the Difference?

Great Overview April 24, 2009
Written by: Anonymous (Houston, TX)

This is a great course if you are just getting your feet wet regarding IFRS. The material is easy to read and comprehend, as well as very informative. It doesn't go in depth, but it provides a really good overview.

Reviewer Profile
Job Type: Business & Industry
Are you a CPA?: Yes

Review 17 for International Versus U.S. Accounting: What in the World is the Difference?

International Vs US Accounting April 5, 2009
Written by: Rebecca H (Detroit, MI)

A good basic overview of the differences between US GAAP and International Accounting Principles. It was a very helpful introduction to International Accounting.

Reviewer Profile
Job Type: Business & Industry
Job Title: Staff
Experience with this Topic: Beginner
Are you a CPA?: Yes

Review 18 for International Versus U.S. Accounting: What in the World is the Difference?

International vs US Accounting: What is the diff? April 3, 2009
Written by: Pat B. (Minneapolis, MN)

Great publication, especially if you are just starting to research your project.

The book is very organized into easy to read topics. The format is similar to a CPA review text book, fast to find and understand which is very important given the number of differences.

There are many examples to view. The only complaint I have is everything is black and white - no color and the paper copy is not coated, similar to copy paper and the outside cover is not of high quality.

This book will look a little beat-up after it is passed around in the first year of use.

Overall this is a good inexpensive research tool given the topic.


Reviewer Profile
Job Type: Business & Industry
Job Title: Controller
Experience with this Topic: Beginner
Are you a CPA?: Yes

Review 19 for International Versus U.S. Accounting: What in the World is the Difference?

Beginner Crash Course On The Formation Of The IFRS April 3, 2009
Written by: Andrew M. (Houston, TX)

This self-study manual proved quite resourceful, useful and well-informed on the aspects of what makes up the IFRS. I’d have to say that for those of us who are not fully aware of the GAAP in the United States that know our company needs to make a transition to the IFRS, this would be the guide to turn to. Worth every penny!

Reviewer Profile
Job Type: Public Accounting
Job Title: Other
Experience with this Topic: Beginner
Are you a CPA?: No

Review 20 for International Versus U.S. Accounting: What in the World is the Difference?

Highly Recommend April 1, 2009
Written by: Steven B (Atlanta, GA)

Gives a great beginner look at the differences between IFRS and GAAP. It's also a good refresher for GAAP.

Reviewer Profile
Job Type: Business & Industry
Job Title: Manager
Experience with this Topic: Intermediate
Are you a CPA?: Yes
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