From my friends at McDevitt & Kline

Cultural and Legal Implications of Using Global Accounting Standards

Presenter:  Dr. Regan Garey

When:  Saturday, December 21st, 2013, 9:00 AM to 5:00 PM EST

Where:  Live webcast presentation only.  Remember, our live webcasts count as live group study credits!

Credits:  4 Substantive CLE or 8 Accounting CPE

Course Objectives:

·      Examine the importance of international trade, foreign direct investment, and multinational corporations in the global economy;

·      Assess the problems created by the diversity in accounting standards and practices for multinational worldwide organizations;

·      Appraise the principles used by International Accounting Standards Board (IASB) in accounting standards;

·      Evaluate and calculate the differences between International Financial Reporting Standards (IFRS’s) and the U.S. GAAP;

·      Calculate the differences between US GAAP and IFRS using financial data;

·      Distinguish between accounting methods, applications, and theories in financial translations;

·      Analyze issues in foreign financial statements and taxation processes;

·      Evaluate global and domestic taxation structures to attract foreign investment.

Dr. Regan Garey, CPA is a full time faculty member in the business department at Lock Haven University where her area of teaching expertise is in accounting and finance.  She has extensive business experience as an accountant and small business owner. She has a BA in economics, BS in accounting, an MBA, and a Doctorate in business administration with a concentration in accounting. She is also an independent consultant who trains individuals with various levels of expertise in accounting. (www.acctliteracy.com). She is knowledgeable in audit and individual tax preparation, and she speaks to various organizations about financial literacy. Her book Business Literacy Survival Guide for HR Professionals is the basis for many of her presentations.  She has also taught IFRS courses to CEOs and CFOs for other training organizations. Some other courses she facilitates include Fraud Red Flags and Tax Updates for Individuals.