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March 31, 2011

AICPA launches online IFRS training

The American Institute of Certified Public Accountants (AICPA) has launched an online IFRS course to help educate US CPAs on the standard.

The AICPA said there is more demand on US CPAs to prepare financial statements under IFRS for multinationals with foreign-based subsidiaries.

“As more and more countries and companies adopt IFRS or begin to incorporate IFRS into their financial reporting systems, CPAs need to demonstrate their knowledge of IFRS to employers and clients.

“This new IFRS certificate program is designed to fill that marketplace need,” AICPA senior vice president for member competency and development, Arleen Thomas said.

The AICPA programme includes 25 online, on-demand self-study training courses with successful candidates receiving a Certificate of Educational Achievement.

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