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Competing Globally Logo aicpa

  $45.00 |   CPE: 1.0 |   Business Learning Institute |   Jul 2017 |   Specialized Knowledge and Applications |   AICPA Store

Nearly seven years after the Great Recession, economic and political uncertainty continues to plague business decision-making and the roles and responsibilities of CPAs continue to expand. Part of a new series, this one hour CPE course explores key economic, financial, and regulatory issues which will have a substantial impact on financial and accounting decisions for years to come.

Competing Globally walks through key factors affecting global competition and the convergence of IFRS and GAAP. Special focus will be given to the current economic and political standing of many key allies and trading partners, and how the current global recession may impact the United States.

Learning Objectives

This course will prepare you to do the following:

  • Identify potential impacts of indecision on IFRS in the U.S.
  • Recognize IFRS adoption versus convergence as it relates to IASB Standards and IFRS
  • Identify differences between IFRS and U.S. GAAP
Key Topics
  • Key factors affecting global competition
  • Sources of competitive advantage
  • The goal of IFRS
  • IFRS convergence versus adoption
  • Convergence issues
  • International economic and political issues
Who Will Benefit?
  • CPAs
  • Industry accounting and finance staff
  • C-level corporate officers

This course has been developed by the Business Learning Institute. The Business Learning Institute, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website:

Topics covered:
  • Management accounting: Technical: Financial accounting & reporting: Professional accounting standards, Intermediate
  • Financial accounting & reporting: Technical: International Financial Reporting Standards, Intermediate


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