IFRS vs. GAAP: Key Differences in Accounting Standards Explained

Discover the key differences between IFRS and GAAP accounting standards, and learn how they impact financial reporting for ...
The Motley Fool

Understanding the Differences Between GAAP and IFRS

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 ...
Insurancenewsnet.com

Gen Re Uses SAS to Prepare Globally for International Financial Reporting Standard 17

CARY, North Carolina, Nov. 14-- SAS Institute, a business analytics software and services provider, issued the following news release: While the new International Financial Reporting Standard 17 (IFRS ...
JD Supra

Joint Statement on Application of IFRS 19 in SEC Filings

On May 17, 2024, the Director of the Division of Corporation Finance of the Securities and Exchange Commission, Erik Gerding, and the Chief Accountant, Paul Munter, issued a statement regarding ...

GAAP vs. IFRS: Key Differences in Inventory Accounting

Discover the key differences in inventory accounting between GAAP and IFRS, including valuation methods, write-down reversals ...