How to Incorporate a Securities & Exchange Commission Staff Paper into an International Accounting Course

11 Pages Posted: 28 Aug 2014

See all articles by Dov Fischer

Dov Fischer

Brooklyn College, Murray Koppelman School of Business

Clemense Ehoff

Central Washington University

Date Written: August 28, 2014

Abstract

This proposal shows how a recent SEC Staff Paper which outlines the differences between U.S. and international accounting standards can be used in an International Accounting course. We begin by outlining how the Staff Paper lists the differences between U.S. generally-accepted-accounting-principles (GAAP) versus International Financial Reporting Standards (IFRS). The Staff Paper is a useful teaching resource because it is comprehensive, compact, and timely. It is comprehensive in that it lists over 100 individual GAAP/IFRS differences organized under 29 sections, yet the 50-page document is freely available on line, and it is timely as of November 2011. We also present a pedagogic tool to help students organize the GAAP/IFRS differences across three conservatism dimensions and two qualitative dimensions.

Suggested Citation

Fischer, Dov and Ehoff, Clemense, How to Incorporate a Securities & Exchange Commission Staff Paper into an International Accounting Course (August 28, 2014). Available at SSRN: https://ssrn.com/abstract=2488368 or http://dx.doi.org/10.2139/ssrn.2488368

Dov Fischer (Contact Author)

Brooklyn College, Murray Koppelman School of Business ( email )

2900 Bedford Avenue
Brooklyn, NY NY - New York 11210
United States

Clemense Ehoff

Central Washington University ( email )

400 E. University Way
Ellensburg, WA 98926
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
34
Abstract Views
646
PlumX Metrics