On the Radar — Comparing IFRS Accounting Standards and U.S. GAAP: Bridging the differences
Published on:
08 Aug 2023
Although U.S. GAAP and IFRS® Accounting Standards are built on largely similar concepts and often lead to similar accounting outcomes, there are many differences in the specific accounting requirements. Therefore, it can be difficult to directly compare financial statements that have been prepared under these different standards. This publication briefly summarizes key issues and developments related to this topic.
The On the Radar is available on the Deloitte Accounting Research Tool Web site.