Financial Reporting Standards

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11 lessons0%

Objective of Financial Reporting Standards

Financial Reporting Standard-setting Bodies and Regulatory Authorities

SEC Filings: Forms Providing Key Information for Analysts

Global Convergence of Accounting Standards

IASB Conceptual Framework for Financial Reporting

Conceptual Framework - Recognition of Elements of Financial Statements

Differences in IFRS and US GAAP Frameworks

Characteristics of an Effective Financial Reporting Framework and the Barriers

Monitoring Developments in Financial Reporting Standards

Analyzing Company Disclosures

Financial Reporting Standards - Video

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Lesson 11 of 11

Financial Reporting Standards - Video

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This video by Arif Irfanullah provides a very clear understanding of the Financial Reporting Standards as a part of the CFA Level 1 syllabus. This first video talks about:

Objective of Financial Statements
Importance of Reporting Standards
Standard Setting Bodies
IASB - Stated Goals
International Organization of Securities COmmissions (IOSCO)
Barriers to Developing One Standard (Convergence)
IASB Framework
IASB General Requirements
FASB Vs. IFRS GAAP Frameworks
Characteristics of Effective Framework; Barriers
Standard Setting Approach