US Generally Accepted Accounting Principles (US GAAP) are used by all major North American companies and their international subsidiaries as well as foreign companies that are listed on a US stock exchange unless that company files in full compliance with International Financial Reporting Standards (IFRS).

US GAAP is generally regarded as being more complex than UK GAAP and IFRS in many respects and following US GAAP can lead to notably different financial results.

    Course highlights
  • Customized content to suit the corporate’s requirements based on relevance and requirements of the audience
  • Training on specific industry issues or sector specific impacts
  • Flexibility in timing and place
  • Training is covered over a 1 to 5 days period depending on the work schedule of participants

  • Program is conducted by experienced trainers having international exposure in delivering US GAAP training
  • Trainers are experienced in practical implementation of US GAAP across various sectors
  • Step by step study material, pre-& post training assessment test
  • Competitive cost value proposition which brings high-class training

    Participants attending this training should be familiar with the basic accounting concepts

Target Audience

    Students of Finance/Accounting: Learning US GAAP doesn’t make sense until you want to pursue a career in finance or accounting. No matter where you are in your career, if your passion is accounting or finance, this course is made for you and you can extract the maximum benefit out of it.

    Accountants/Professionals related to accounting: If you are accountants or pursuing a career in accounting and finance, learning US GAAP would be perfect professional enhancement for you.

    Entrepreneurs/Consultants/Management Executives/Business Professionals: If you are as aspired entrepreneur or already have become one, this course may help you immensely. In the beginning of your journey, you will find this training to be useful to set up your accounting department as per the US GAAP and not worry about a thing again.

Course Details

We offer tailored training in US GAAP from introductory level to advanced level, content includes

  • Key differences between US GAAP, UK GAAP and IFRS.
  • The convergence roadmap of IFRS and US GAAP.
  • The US regulatory environment.
  • The format and contents of financial statements for public companies in the US.
  • US GAAP framework and presentation requirements
  • US GAAP Complexities, such as:
    • Inventories
    • Investments
    • Property plant and equipment issues
    • Leases
    • Interest capitalization
    • Impairment
    • Intangible assets
    • Compensated absences and pension costs
    • Financial instruments
    • Derivatives and hedging activity
    • Revenue and cost recognition
    • Deferred taxation
    • Consolidation issues
    • Provisions
    • Share based payments
Training Cost
  • Training Cost – INR 20,000 + Taxes per day