Learn IFRS, GAAP & Accounting the same time quickly : Part 1

Grasp every necessary concept of IFRS and GAAP together in the easiest way with free revision files and subtitles.
What you'll learn
A clear understanding of both IFRS and GAAP standards together with practical explanations and examples for each concept.
Understand how the treatment between the big companies like Samsung and Apple which use IFRS and GAAP respectively differs for the same transaction.
Learn some of the most rapidly developing concepts in today's world, like, Incoterms, Consignment, Product Financing and Sale with a right of return.
Learn to record journal entries easily and correctly for every topic from Inventories, Incoterm to Sale with a right of return.
A clear conceptual idea on concepts such as Inventory and Inventory write downs from the perspective of both IFRS and GAAP.
Learn all important concepts with reference to recent real life events such as the write down of inventories of $ 170 million by Amazon of their Fire phones.
Learn how to adopt and apply these concepts in real life.
Requirements
No experience needed. Everything in this course will be taught completely from the very basics.
For your ease, we have provided a downloadable PDF file for each chapter which contains revision of every fundamental concept that we have discussed in that chapter.
Description
Are you looking to enhance your accounting skills and master both IFRS and GAAP in the easiest way possible?
Our "Learn IFRS, GAAP & Accounting course" is designed to help you do just that - and quickly! This course has been made with special care to cover every relevant concept that is very crucial for you to know about in today's rapidly developing time and that too from the perspective of both IFRS and GAAP at the same time in a practical and in the easiest way that may be possible.
Through this course, you will conceptually be clear about IFRS and GAAP, including their similarities and differences. You will learn how to apply these standards to real-world accounting scenarios, as well as gain a deep understanding of the principles of financial reporting. You will be guided through the course material in an engaging and interactive way, ensuring that you are able to grasp complex accounting concepts quickly.
To make sure you understand and retain the concepts even after the course, we have included a PDF file for each topic that you can download which contains overall revision of all the important concepts we discussed in that chapter, which are presented in order and in a very systematic way with an objective that you will be able to revise and understand these concepts immediately in the first reading.
The topics you can expect to have a good working knowledge with the end of the Part 1 of this course are:
- IFRS
- GAAP
- Inventories
- Inventory write down
- Cost, NRV and Market
- Documents of Title
    o Title Deed
    o Bill of Lading
    o Warehouse Receipt
- Goods in Transit
   o Incoterms
       Free on Board (FOB)
       Cost, Insurance & Freight (CIF)
       Free Alongside Ship (FAS)
       Cost and Freight (CFR)
- Consignment arrangements
- Product financing arrangements
- Sale with right of return
You will not only learn the important concepts but you will see yourself being able to record journal entries for each of the above topics very easily even if you are a complete beginner. You will be guided through the concepts and journal entries through references to real life examples and illustrations such as the massive write down of inventories of $ 170 million by Amazon of their highly anticipated smartphones in 2014 which was launched as FIRE PHONE. The references and illustrations are included in every topic that may be necessary so that you can grasp the concepts, even which are considered to be hard, at the first instance itself.
With our flexible online learning platform, you can study at your own pace and on your own schedule. By the end of this course, you will have a thorough understanding of both IFRS and GAAP, as well as a solid foundation in accounting principles. You will be equipped with the skills and knowledge needed to succeed in any accounting role, whether in a small business or large corporation.
Don't wait - enroll in our Learn IFRS, GAAP & Accounting course today and take your accounting career to the next level! Happy Learning. See you in the course.

Who this course is for:
Individuals who are wanting to learn practically from the basics about IFRS, GAAP, Accounting and other Finance related concepts.
This course will also be relevant for students including those preparing for professional exams like CA, ACCA and CPA.

More Info