Contenu
<b>A practical comparison of—and expert guidance on—IFRS and GAAP written by a practicing controller</b> <p>International Financial Reporting Standards (IFRS) are used in over 120 countries. US companies will inevitably encounter IFRS when evaluating the financial health of suppliers and customers. <i>IFRS and US GAAP: A Comprehensive Comparison</i> provides instruction in accounting under IFRS within the context of US accounting standards. Practical and easy-to-use, this book includes a case study of a first time IFRS adoption, emphasizing the much greater degree of professional judgment that is needed for IFRS.</p> <ul> <li>Provides a heavy emphasis on practical examples</li> <li>Includes an online companion website with downloadable spreadsheets and templates</li> <li>Reflects current financial reporting trends</li> <li>Addresses accounting requirements of which today's auditors, accountants and preparers of financial reports need to be aware</li> </ul> <p>Clarifying IFRS, its impact on US companies, and where to start in understanding it, <i>IFRS and US GAAP</i> prepares US accountants to be knowledgeable with day to day financial accounting issues using IFRS's substantial similarity with US GAAP as a context.</p>