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 addition, since ASC 326 Financial Instruments – Credit Losses became effective for public business entities with fiscal years beginning after 15 December 2019, the publication also offers Appendix A Allowance for expected credit losses in loans and receivables and some debt securities to highlight the key differences between ASC 326 Financial Instruments – Credit Losses and IFRS 9 Financial Instruments.
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Source: IAS PLUS