Explore the major differences between IFRS and U.S. GAAP, including inventory write-downs, intangible assets, and accounting rules, to better understand international reporting standards.

GAAP reports in detailed, precise formats; IFRS allows flexible, principle-based reporting. GAAP does not permit asset value recovery post-impairment; IFRS allows revaluation. IFRS does not mandate ...

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...

THERE IS A CLEAR TREND toward adopting IFRS as the single body of internationally accepted financial reporting standards. In the next few years, thousands of companies will move to IFRS as a primary ...

NEW YORK--(BUSINESS WIRE)--The American Institute of Certified Public Accountants introduced a new course of study leading to a Certificate of Educational Achievement in International Financial ...

SANTA CRUZ PROVINCE, ARGENTINA - NOVEMBER 26: Glacial melting ice floats in Los Glaciares National Park, part of the Southern Patagonian Ice Field, the third largest ice field in the world, on ...