U.S. GAAP and IFRS comparisons: Leases and interim reporting
FINANCIAL REPORTING INSIGHTS |
Given the continuing and increasing use of International Financial Reporting Standards (IFRS) across the globe, more and more entities need to understand the effects of IFRS on their financial statements. To start this process, we have a series of comparisons dedicated to highlighting significant differences between U.S. GAAP and IFRS. We recently updated the comparisons on leases and interim reporting. Comparisons on numerous other topics are also available, including business combinations, impairment of long-lived assets, income taxes and revenue from contracts with customers. Access these and many more comparisons at our U.S. GAAP vs. IFRS comparisons series.