US GAAP Training Course | Comprehensive 5-Day Accounting Workshop | London | GID 52001

Friday, March 22nd, 2024

£4,800.00

Upcoming programs: 2-6 March 2026 | 19-23 October 2026

Contact us for additional 2026 dates.

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US GAAP: A Comprehensive 5-Day Training Course

Join our comprehensive 5-day US GAAP Training Course in London, United Kingdom to strengthen your technical and fundamental understanding of US GAAP accounting standards. This programme provides professionals with a clear technical and practical understanding of US GAAP requirements and their real-world application. If you work with complex US GAAP issues or need stronger reporting skills, this workshop is ideal for you.

Participants gain insight into the technical and strategic implications of US GAAP and learn how to strengthen reporting processes to prevent material misstatements. Key topics include financial statement preparation, revenue recognition, inventories, business combinations, leases, intangible assets, and financial instruments. The US GAAP course also covers non-financial liabilities and recent amendments.

In addition, the programme examines FASB updates, key amendments, and new standards becoming effective in 2025 and 2026. We also review FASB discussion papers, exposure drafts, and emerging issues highlighted through EITF updates. Furthermore, the course considers SEC staff announcements, SABs, and staff FAQs, which provide interpretive guidance similar to IFRIC agenda decisions under IFRS. These insights ensure participants remain aligned with evolving standard-setting and regulatory priorities.

Throughout the course, practical examples and case studies demonstrate how organisations apply US GAAP to real transactions and reporting challenges. As a result, participants learn how to evaluate new changes, strengthen accounting policies, and improve disclosures. Moreover, they gain clarity on how to enhance audit readiness across business units. This structured approach builds confidence, technical competence, and sound judgement when dealing with complex accounting matters.

 

Key Features – US GAAP Workshop

  • Recent Standards Updates: Key changes in Accounting Standards Updates (ASUs) and their impact.
  • Amendments and Emerging Issues: Revisions to existing standards and new accounting challenges.
  • Exposure Drafts: Overview of proposed updates and upcoming changes.
  • Core Topics:
    • Revenue recognition (ASC 606).
    • Lease accounting (ASC 842).
    • Financial instruments (ASC 825, ASC 326).
    • Business combinations and consolidation (ASC 805, ASC 810),
    • Digital assets and cryptocurrency considerations under ASC 350-60 and related SEC guidance
    • Climate Risk Disclosures, and More
  • Industry Insights: Industry specific challenges and best practices
  • Practical Application: Case studies and hands-on exercises.
  • Compliance Updates: SEC reporting and PCAOB guidance.
  • Expert Q&A: Direct answers to complex questions.
  • Future Trends: Insights into ongoing FASB projects and ESG reporting developments.

 

Global In-Person Programs

Washington DC | Singapore | London | Toronto | Johannesburg | New York City | Seattle | Dallas | Chicago | Las Vegas | San Francisco | Online

 

 

For More Information

For more information about the US GAAP course and to register, please contact our customer services team. They will be happy to assist you with any queries you may have about the course, including pricing, schedule, location, and registration process. You can contact our customer services team by phone, email, or online chat. We look forward to hearing from you and helping you take the next step in your professional development.

Instructor Bio

The course instructor will be one of our highly experienced faculty members.
 

Our Faculty: Expertise That Drivees Success

Shasat is proud to have over 30 world-renowned faculty members, each an expert in their respective fields, who share their hands-on implementation experience through our technical and professional development programs.

This workshop is led by one of Shasat’s most accomplished US GAAP authorities, a globally experienced advisor who has supported banks, corporates, insurers, and investment institutions in implementing and interpreting the full spectrum of US GAAP standards. With a career spanning complex transactions, first-time adoption, audit negotiations, policy transformation, and financial-reporting redesign, the instructor brings deep technical mastery across ASC 606, ASC 842, ASC 326, ASC 820, ASC 740, ASC 805, ASC 810, ASC 830, ASC 280, ASC 718, ASC 350/360, and other critical standards that drive today’s financial statements.

Renowned for blending technical precision with clear, practical guidance, the faculty member connects regulatory expectations, PCAOB and SEC requirements, governance considerations, and cross-standard interactions into a coherent, real-world perspective. Their teaching is enriched by extensive experience from major implementations, valuation and modelling engagements, consolidation and fair-value projects, and financial-reporting transformations—equipping participants with the confidence, insight, and rigour needed to apply US GAAP effectively across diverse and high-stakes business environments.

Our faculty combine real-world expertise with academic rigor, ensuring every session is interactive, relevant, and outcomes-driven. Participants gain practical tools, case-based insights, and strategic frameworks that can be immediately applied to enhance sustainability reporting and corporate governance within their organisations.

 

Our Partners

Our Partners in Learning

Course Description

Please find the agenda for the 5-Day US GAAP Course below. Please note that Shasat continually updates its course agendas to incorporate the most recent technical developments and emerging issues. In addition, we refine the content based on participant feedback and specific requests to ensure the highest level of relevance.

 

  • US Financial Reporting Framework
    • Overview of US GAAP and ASC Codification

    • How standards are updated (ASUs, EITF, SEC Staff Announcements, SABs)

    • Financial statement structure and disclosure principles

    • Comparison with IFRS at key decision points

 

  • Revenue, Inventory & Core Operating Activities

    • Revenue Recognition (ASC 606)

    • Inventory (ASC 330)

    • Contract considerations, variable consideration, and disclosures

    • Measurement, valuation, and cost allocation principles

 

  • Long-Lived Assets, Intangibles & Leases
    • Property, Plant & Equipment – PPE (ASC 360)

    • Intangibles & Goodwill (ASC 350)

    • Impairment of Long-Lived Assets (ASC 360)

    • Asset Retirement Obligations (ASC 410)

    • Leases (ASC 842)

    • Subsequent measurement, impairment indicators, and disclosures

 

  • Business Combinations, Consolidation & Investments
    • Business Combinations (ASC 805)

    • Consolidation & VIEs (ASC 810)

    • Equity Method & Joint Ventures (ASC 323)

    • Goodwill recognition and impairment testing

    • Pushdown accounting and deconsolidation concepts

 

  • Financial Instruments, Fair Value, Credit Losses & Hedging
    • Financial Instruments – Recognition & Measurement (ASC 825)

    • Fair Value Measurement (ASC 820)

    • Credit Losses – CECL Model (ASC 326)

    • Derivatives & Hedging (ASC 815)

    • Transfers & Servicing (ASC 860)

    • Measurement, disclosures, and risk management implications

 

  • Employee Benefits & Share-Based Compensation
    • Compensation – General (ASC 710)

    • Postemployment Benefits (ASC 712)

    • Share-Based Payments (ASC 718)

    • Measurement, vesting, modifications, and presentation

 

  • Digital Assets & Cryptocurrency Accounting
    • Digital Assets & Crypto (ASC 350-60)

    • Measurement, impairment, and disclosure

    • SEC guidance on crypto custody, safeguarding, and risks

 

  • Climate-Related, ESG & Non-Financial Reporting
    • Climate-related financial risks and impairment triggers

    • SEC’s proposed climate disclosure rules

    • FASB’s environmental and sustainability initiatives

 

  • Provisions, Contingencies & Non-Financial Liabilities
    • Contingencies (ASC 450)

    • Environmental Obligations (ASC 410)

    • Restructuring provisions and loss/gain contingencies

    • Onerous commitments and disclosure requirements

 

  • Current FASB Work Plan & Emerging Issues
    • Upcoming standards effective in 2025–2026

    • Exposure drafts, discussion papers, and comment process

    • EITF developments and SEC updates

    • Key trends shaping future US GAAP reporting

 

The course agenda provided herein is the proprietary intellectual property of Shasat. It is intended solely for the use of registered participants of this programme. Any reproduction, distribution, disclosure, or other unauthorised use of this agenda—whether in whole or in part—without the prior written consent of Shasat is strictly prohibited and may result in legal action.

All rights reserved. © 2026 Shasat.

Why you must attend?

Finance Executives play a critical role in shaping the financial health of their organizations. To make informed decisions, it’s essential for them to have a deep understanding of US GAAP, the cornerstone of financial reporting in the US. Attending a 5-day US GAAP course can be an incredibly valuable investment in their professional development, as it provides a comprehensive and immersive learning experience that covers all key aspects of US GAAP.

Through this course, executives will gain a solid understanding of US GAAP Financial Statements, Revenue Recognition, Inventories, Overview of Business Combinations, Equity Investments and Joint Ventures, Intangible Assets, Long-lived Assets including Leases, Non-financial liabilities and contingencies, Employee Benefits, Financial Instruments, Future Developments, and Researching US GAAP.  They will also learn about the latest amendments and new standards, exposure drafts, projects in the pipeline, and differences between US GAAP and IFRS.

By attending this course, executives will develop the knowledge, skills, and confidence to analyse financial statements, interpret accounting policies, and make sound business decisions that align with their organization’s strategic objectives. This immersive experience will also provide an opportunity to network with other professionals and gain insights from expert instructors. Overall, this course is a must-attend for executives who want to enhance their financial acumen and drive success for their organizations.

 

Key Features of the course

  • Comprehensive coverage of US GAAP principles and their application: Understanding the key principles of US GAAP, their practical implications, and how to apply them in financial reporting.
  • In-depth exploration of major accounting topics: Covering important accounting topics such as revenue recognition, inventories, business combinations, leases, intangible assets, financial instruments, and non-financial liabilities and contingencies.
  • Real-life case studies and examples: Providing practical, real-life examples and case studies to help participants understand and apply US GAAP principles in their daily work.
  • Interactive training methods: Engaging participants in interactive training methods such as group discussions, exercises, and problem-solving activities, to deepen their understanding of US GAAP principles.
  • Access to US GAAP Codification and other resources: Providing participants with access to US GAAP Codification and other relevant resources to support their learning and help them stay up-to-date with the latest standards.
  • Expert trainers with practical experience: Offering expert trainers with practical experience in US GAAP accounting to provide participants with valuable insights and best practices.
  • Certificate of completion: Providing a certificate of completion at the end of the course, which can be used for professional development requirements.

Overall, the 5-day US GAAP course will provide participants with a comprehensive understanding of US GAAP principles and their practical applications, as well as the tools and resources needed to stay up-to-date with the latest standards.

 

Who Should attend?

The 5-day US GAAP course is designed for professionals in accounting, finance, and business who want to deepen their knowledge and understanding of US GAAP. This course is ideal for financial executives, accounting professionals, controllers, auditors, and other professionals who are responsible for preparing, auditing or interpreting financial statements. Additionally, the course is suitable for those who are looking to stay up-to-date with the latest changes and developments in US GAAP. The course will provide a comprehensive overview of US GAAP, as well as practical examples and case studies to help participants apply their learning in real-world scenarios.

 

Feedback

Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analyzing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.

Venue & other info

Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us.  One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.

Please note that accommodation arrangements are the responsibility of the attendee.

 

Workshop Delivery (Online Programs)

The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
 

In-Person Workshop

Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
 

Changes to the conference

Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event
 

Sponsorship

We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organization will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.
 

Terms and Conditions

We kindly request that you carefully review all of the terms and conditions outlined on our website. This information is critical in ensuring a clear understanding of our policies and procedures. Please follow the link provided to access this information.

 

About shasat

Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.

Payment

Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.

We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.

 

Group discount

Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.

 

CPD hours

Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.

 

Enquiries

For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.

In-House Training

Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.

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