US GAAP Certification Programme
Mastering US GAAP Reporting, Measurement and Disclosure
A Rigorous, Practice-Oriented US GAAP Certification
This intensive US GAAP certification programme is designed for finance professionals seeking a structured, in-depth and practice-oriented mastery of US GAAP.
The programme combines live expert-led sessions, real-world US GAAP case studies, and a certification-focused methodology aligned with international reporting standards.
Why This Programme
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Live, interactive and cohort-based delivery
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Comprehensive US GAAP coverage (ASC framework and key standards)
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Strong focus on practical application, judgment and disclosures
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Case-based and exam-oriented methodology
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Designed for international finance professionals
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Structured learning over 5 intensive days
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Certificate issued upon successful completion
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Optional post-programme support
Programme Structure
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Duration: 5 days
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Next Cohort: 20–24 July 2026
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Delivery: Live online / or onsite (flexible)
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Language: English
Learning Objectives
By the end of the programme, participants will be able to:
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Understand and apply the US GAAP conceptual framework and key standards
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Prepare and analyse US GAAP-compliant financial statements
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Master complex areas such as revenue recognition, leases, financial instruments and taxes
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Apply professional judgment in measurement, recognition and disclosure
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Identify key differences with IFRS where relevant
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Structure responses to case-based and real-life reporting situations
Detailed 5-Day Programme
Day 1: US GAAP Framework and Financial Statements
Key Topics
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US standard-setting environment
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Role of FASB and SEC
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Codification structure (ASC)
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Conceptual framework
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Recognition and measurement principles
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Qualitative characteristics of financial information
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Structure of financial statements
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Balance sheet, income statement, cash flow statement
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Equity statement and OCI treatment
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Presentation differences vs IFRS (high-level)
Practical Component
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Reading and analysing US GAAP financial statements
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Identification of key reporting areas and red flags
Learning Outcome
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Participants gain a solid structural understanding of US GAAP reporting architecture.
Day 2 : Revenue Recognition (ASC 606)
Key Topics
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The 5-step model in depth
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Identify the contract
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Identify performance obligations
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Determine transaction price
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Allocate price
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Recognise revenue
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Performance obligations and timing (over time vs point in time)
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Variable consideration and constraints
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Contract modifications and practical expedients
Industry Applications
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Software / SaaS
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Construction / long-term contracts
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Services and bundled contracts
Practical Component
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Case studies with revenue allocation and timing issues
Learning Outcome
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Ability to apply ASC 606 in complex, real-life situations.
Day 3 : Leases and Fixed Assets
Key Topics
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Lease accounting under ASC 842
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Identification of a lease
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Finance vs operating leases
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Recognition model
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Right-of-use (ROU) assets
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Lease liabilities
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P&L impact differences
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Comparison with IFRS 16 (key distinctions)
Fixed Assets
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Property, Plant & Equipment (ASC 360)
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Depreciation methods
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Impairment (recoverability test vs fair value)
Practical Component
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Lease classification exercises
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Asset impairment scenarios
Learning Outcome
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Participants master asset recognition, lease accounting and impairment logic under US GAAP.
Day 4 : Financial Instruments and Impairment
Key Topics
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Classification and measurement of financial instruments
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Fair value hierarchy (ASC 820)
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Equity vs debt instruments
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Hedge accounting (overview)
CECL Model (ASC 326)
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Expected credit loss approach
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Lifetime loss recognition
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Differences vs IFRS 9
Practical Component
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Credit loss estimation case
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Fair value measurement exercises
Learning Outcome
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Ability to analyse and measure financial instruments and credit risk under US GAAP.
Day 5 : Provisions, Deferred Tax and Disclosures
Key Topics
Provisions and Contingencies (ASC 450)
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Recognition thresholds
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Measurement and disclosures
Deferred Taxes (ASC 740)
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Temporary differences
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Deferred tax assets and liabilities
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Valuation allowance (“more likely than not”)
Disclosure Requirements
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Notes to financial statements
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Transparency and consistency
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Key disclosure areas
Integrated Case Study
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Full case combining:
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Revenue
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Leases
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Financial instruments
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Deferred taxes
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Group discussion and correction
Learning Outcome
Participants develop a holistic understanding of US GAAP reporting.
LONDON
128 City Road, EC1V 2NX London
PARIS
38 Rue Boulard, 75014, Paris