This program provides hands-on training in the application of key US GAAP standards. Participants will explore various real-world scenarios, including revenue recognition, leases, financial instruments, and stock-based compensation. The goal is to bridge the gap between theory and practice, helping participants apply US GAAP to day-to-day accounting and reporting tasks.
Learning Objectives
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Apply key US GAAP standards in real-world scenarios
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Gain practical experience with revenue recognition, leases, and financial instruments
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Master the preparation of financial statements and disclosures
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Ensure compliance with US GAAP in everyday accounting
Training Program Engagement
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Introduction to US GAAP Standards in Practice
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Overview of key US GAAP standards
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Practical case: Identify key US GAAP standards applied to a mid-sized company
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Revenue Recognition (ASC 606) in Practice
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Application of the five-step model for revenue recognition
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Practical case: Prepare revenue recognition for a construction company
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Lease Accounting (ASC 842) in Practice
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Recognizing lease liabilities and right-of-use assets
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Practical case: Apply lease accounting to a retail business
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Financial Instruments (ASC 320, ASC 825)
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Accounting for investments in debt and equity securities
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Practical case: Record financial instruments in a bank’s financial statements
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Stock-Based Compensation (ASC 718)
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Application of stock option accounting to employee compensation
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Practical case: Prepare stock-based compensation disclosures for a tech firm
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Key Points
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Numerous practical examples illustrating the different studied concepts
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Practical cases to draw parallels with the concepts learned
Who is this training for
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Accountants and financial controllers
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Financial analysts and auditors
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Business owners and managers
Prerequisities
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Basic knowledge of financial reporting and accounting
Teaching Methods
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Training structured around skill transfer
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Acquisition of operational skills through practice and experimentation
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Collaborative learning during synchronous sessions
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Multi-stage learning path to allow engagement, learning, and transfer
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Training promoting participant engagement for better anchoring of lessons
Satisfaction and Evaluation
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Skill evaluation will be conducted throughout the training by the participant (self-evaluation) and/or the trainer according to the training methods.
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Online training evaluation on your participant space:
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Immediate evaluation at the end of the training to measure your satisfaction and perception of skill improvement against training objectives. With your agreement, your overall rating and comments will be published on our site via Verified Reviews.
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Post-training evaluation 40 days later to validate the transfer of your acquired skills in the workplace
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Attendance tracking and issuance of an individual training certificate or a certificate of completion

LONDON
128 City Road, EC1V 2NX London
PARIS
38 Rue Boulard, 75014, Paris
