So, the more than 450 firms filing with the SEC use IFRS, but their operating units in the United States use U.S. GAAP and then are consolidated into IFRS. Similarly, U.S. firms with operating ...

The SEC, or Securities and Exchange Commission, is an independent government agency responsible for ensuring the integrity of the capital markets in the United States. Although GAAP and IFRS have ...

Countries like the United States are feeling the ... Financial Reporting Standards (IFRS) and the U.S. generally accepted accounting principles (GAAP). This pressure is coming from globalization ...

While companies in the United States operate under the generally accepted accounting principles (GAAP), most other countries use the International Financial Reporting Standards (IFRS). There are ...

He cited several myths involving the adoption of IFRS, ranging from the perception that IFRS is superior to U.S. GAAP because it ... he believed that the United States should not follow "the ...

Awareness of IFRS among US-based investors is modest: when asked, only 34% of investors felt able to cite specific differences between US GAAP and IFRS. However, 38% of investors said they were ...

PricewaterhouseCoopers has released a useful report demonstrating the many differences that remain between U.S. GAAP and International Financial ... on what to do about allowing U.S. companies to use ...

The international financial reporting standards, or IFRS, are the International Accounting Standards Board's counterpart to the generally accepted accounting principles, or GAAP, set forth by the ...

An analysis of IFRS vs. US GAAP covering financial statement presentation differences and a drill down to key line item accounting treatment. • IFRS Preparedness, an exploration of where your company ...