Tag: ifrs vs us gaap

KPMG Handbook: IFRS® compared to US GAAP

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This publication helps users understand the significant differences between IFRS Standards and US GAAP, and provides a summary of differences encountered most frequently. This publication focuses primarily on recognition, measurement and presentation. Applicability Public companies Private companies that do not adopt the private company accounting alternatives Relevant dates Annual reporting periods beginning on January 1,…

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Understanding the differences between U.S. GAAP and IFRS Standards

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This publication from Deloitte focuses on some of the most common and significant differences that may affect financial statements when converting from U.S. GAAP to IFRS Standards and vice versa. It reflects differences for standards that are mandatory as of 31 December 2019, for public business entities that have a calendar-year annual reporting period. In…

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US GAAP VS IFRS