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An Executive's Guide for Moving from US GAAP to IFRS
book

An Executive's Guide for Moving from US GAAP to IFRS

by Peter Walton
August 2009
Intermediate to advanced content levelIntermediate to advanced
135 pages
3h 21m
English
Business Expert Press
Content preview from An Executive's Guide for Moving from US GAAP to IFRS

Chapter 4

Major Technical Differences

In this chapter we are going to review a series of financial reporting issues in order to give some idea as to the similarities and differences between IFRS and U.S. GAAP. This is not intended to be an exhaustive list, and readers looking for a detailed analysis should go to a publication such as KPMG’s IFRS Compared to U.S. GAAP1 or PricewaterhouseCoopers’ Similarities and DifferencesA Comparison of IFRS and US GAAP.2

A problem faced by all authors compiling such analyses is that the subject is a moving target. Between 2009 and 2011, the IASB and the FASB have a program of further convergence. This should lead to converged standards on liabilities and equity, revenue recognition, financial statement presentation, ...

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Publisher Resources

ISBN: 9781606490242