Start a conversation ↗

Description

US GAAP Reporting: Understanding the Framework, Restating and Producing Your Group Reporting

Meeting the demands of a US parent company without getting lost between two frameworks

  • 2 days — 14 h
  • In-person or virtual
  • Intermediate
  • Up to 6 participants

The parent company imposes its accounting manual, its closing calendar and its own vocabulary. Local teams know IFRS and regional reporting practice, but not US GAAP positions. Every closing generates the same back-and-forth exchanges, and questions from group auditors remain unanswered and undocumented.

These two days are designed for experienced accounting professionals. Participants situate the construction of the US GAAP framework and the role of its standard-setting bodies, compare its positions with those they already apply on the structuring topics, organise their restatements and prepare the disclosures and controls expected by a group listed in the United States.

Learning objectives

  • Situate the architecture of the US GAAP framework and the role of its standard-setting bodies
  • Compare US GAAP and IFRS treatments on the structuring topics
  • Build the restatements required for your subsidiary's reporting
  • Prepare the disclosures and controls expected by the group
  • Document your accounting positions in view of the audit

What makes this programme different

Each topic is addressed by comparing the US GAAP position with the treatment already familiar to participants
An accounting position memo is drafted in the format expected by a US group
Recurring questions raised by group auditors are worked through in session

Programme

1Architecture of the US GAAP framework

Knowing where to look for the rule

  • Organisation of US standard setting and the role of its bodies
  • Structure of the codification and hierarchy of sources
  • Role of the securities regulator for listed companies
  • Practical consequences for a foreign subsidiary

2Structuring topics and comparisons

Seeing where the frameworks diverge

  • Revenue recognition and multi-year contracts
  • Lease contracts and the classification applied
  • Impairment of assets and goodwill
  • Employee benefits and share-based payments
  • Financial instruments and hedging transactions

3Organising subsidiary reporting

Delivering within the group calendar

  • Group accounting manual and mandated chart of accounts
  • Currency translation and the subsidiary's accounts
  • Restatement entries and deferred tax tracking
  • Intercompany transactions and reconciliation work

4Internal control and group audit

Documenting in order to be audited

  • Disclosure notes and additional data requested
  • Internal controls over financial reporting
  • Drafting accounting position memos
  • Preparing exchanges with the group auditors

Who is it for

Accounting managers and consolidation specialists in subsidiaries of US groups, as well as financial controllers and internal auditors.

Prerequisites

Sound command of consolidated accounts preparation and a working knowledge of international standards.

Dates & locations

24 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.