IFRS and US GAAP: A Comprehensive Comparison

Description

"IFRS and US GAAP: A Comprehensive Comparison" offers a concise examination of the International Financial Reporting Standards (IFRS) and the Generally Accepted Accounting Principles (GAAP) used in the United States. It covers the framework, principles, financial statements, specific accounting topics, consolidation, disclosure requirements, implementation challenges, and the impact on financial analysis. The book also addresses recent developments and convergence efforts between the two standards-setting bodies. Overall, it serves as a valuable reference for accounting professionals, financial analysts, educators, and students seeking to understand the similarities and differences between IFRS and US GAAP.