USGAAP Update

The “US GAAP Update” training course is a practical update program designed for professionals working with financial reporting under US GAAP who want to stay current with the latest changes in standards and areas of focus for regulators.

The program covers the latest updates from the FASB and SEC, key challenges in applying US GAAP, and the most common practical issues in areas such as revenue recognition, settlements, asset impairment, and group consolidation.

A strong emphasis is also placed on risk areas identified by the PCAOB and a comparison of US GAAP with IFRS (EU GAAP), helping participants better understand differences in financial reporting approaches.

The course is highly practical and discussion-based, allowing participants to compare their experience with current interpretations and trends in financial reporting.

Outline program

1. Overview of Recent Developments

Latest standards and updates from FASB, SEC, and other regulators
Key changes relevant for 2025/26 reporting

2. Common US GAAP Application Challenges

Revenue recognition complexities
Accruals, prepayments, provisions, and expected credit losses
Asset-related issues: impairment, depreciation, revaluations
Group issues: intercompany balances and consolidation adjustments

3. Regulatory Focus and Risk Areas

Insights from PCAOB findings and enforcement trends
Practical reminders to avoid common pitfalls

4. US GAAP vs IFRS (EU GAAP)

Key remaining differences and practical implications

5. Q&A and Group Discussion

Open forum for questions and discussion

Details

Duration: 4-hour training

Date: 8 December 2026

Time: 9:00-13:00 CET

Place: Zoom Meeting platform

Language: English

Price: 295 EUR net + VAT if applicable

Promotion: 18 September 2026

10% discount for individual registration
15% discount for registration of min. 2 persons

More details can be found in the PDF file.

Keynote Speaker

David Potts

over 20 years of experience in conducting financial training courses
expert in US GAAP, UK GAAP, IFRS
lecturer of ACCA, CIMA, ACA qualifications

Explore the Training

download .pdf