BSS Business School

BSS Master Diploma in Accounting Standards and US GAAP

Part I: Accounting Standards – I

GAAP Hierarchy, Introduction to US GAAP, Introduction to Indian Accounting Standards (AS), Introduction to International Accounting Standards (IAS), An overview of Sarbanes Oxley Act (SOX) Compliance, Revenue Recognition under US GAAP, Construction Contracts, Revenue Recognition, Accounting Changes and Errors under US GAAP, Net Profit or Loss for the period, Cash Flow Statement under US GAAP.

Part II: Accounting Standards – II

Current Assets under US GAAP, Valuation of Inventories, Fixed Assets under US GAAP, Accounting for Fixed Assets, Property, Plant and Equipment, Depreciation Accounting, Impairment of Assets, Intangible Assets under US GAAP and IAS, Accounting for Research and Development, Discontinuing Operations, Investments under US GAAP, Accounting for Investments.

Part III: Accounting Standards – III

Accounting for Equity under US GAAP, Accounting for Long-term Debt under US GAAP, Borrowing Costs, Accounting for Business Combinations under US GAAP, Consolidation under US GAAP, Consolidated Financial Statements, Accounting for Investments in Associates, Financial Reporting of Interests in Joint Ventures, Earnings per Share under US GAAP.

Part IV: Accounting Standards – IV

Accounting for Liabilities under US GAAP, Segmental Reporting under US GAAP, Segment Reporting, Interim Reporting under US GAAP, Reporting for Income Taxes under US GAAP, Accounting for Taxes on Income, Leases under US GAAP, Foreign Currency Translation and Transactions, Accounting for Derivatives, Pension Plans and Other Post Retirement Benefit Plans.