If the world’s capital markets could use a harmonized accounting framework, it will have to wait as there is much to do before this becomes reality. Under the circumstance of economic globalization and international accounting harmonization, International Financial Reporting Standards (IFRS), issued by International Accounting Standards Board (IASB), has being accepted rapidly worldwide, and nearly 40% of the Fortune 500 has already adopted IFRSs. On 15th Feb. 2006, China’s Ministry of Finance announced new China’s General Accepted Accounting Principles (PRC GAAP), while Securities and Exchange Commission (SEC) is also going for the application of IFRS in U.S. multinationals before 2011. Moreover, IASB plans extensive modification on IFRS in recent time, especially will focus on financial instruments accounting standards.

　　Accounting development in China mirrors changes in its environment, specifically, the historical environment, and has also affected its accounting standard setting in aspects of China’s economic, political, and social evolution. The new accounting system is largely based upon International Accounting Standards and the accounting system has experienced great changes as this has been implemented.

Why You Can Not Miss

• Helping enterprises standardize the Financial Statements preparation of different countries
• Knowing the latest trends of accounting principles and its significance and impact
• Further understanding the similarities and differences of the three accounting systems and their application in reality
• Perfect combination of theory and cases, helping see through the surfaces
• Understanding the diversity of major standards and their handlings
• Grasping the transition among the three accounting systems

Who Should Attend

• President, General Manager, Senior Managers and Executives
• Financial Director, Investment Director, Audit Director
• Financial Managers, Accounting Managers, Tax Managers, Audit Managers
• Staff from Finance, Internal Control, Investment and Audit Departments

　　This Golden Finance training aims to present a general overview of PRC GAAP, U.S. GAAP, and IFRS, and analyze the differences among the three via using the intensive study and rich experience refined from the training on thousands of large enterprises. Helping you feel the pulse of the financial markets, and always be in the forefront of the times.

Topics Will be Covered