Ifrs

Difference Between GAAP and IFRS
The primary difference between the two systems is that GAAP is rules-based and IFRS is principles-based. This disconnect manifests itself in specific ...
Differences between IFRS and US GAAP
IFRS is a globally adopted method for accounting, while GAAP is exclusively used within the United States. GAAP focuses on research and is rule-based,...
Difference Between IFRS 15 and IAS 18
It means that under new IFRS 15, telecom operator must allocate a part of the revenue from prepayment plan with free handset to the sale of handset, t...
Difference Between IAS 17 and IFRS 16
Disclosures. IAS 17 – Disclosures cover the specific requirement of finance leases separate from operating leases. IFRS 16 – Disclosures do away with ...
Difference Between IAS and IFRS
International Accounting Standard (IAS) and International Financial Reporting Standard (IFRS) are the same. The difference between them is that IAS re...
Difference Between IFRS and AASB
Is AASB and IFRS the same?What is the difference between Australian accounting standards and IFRS?Does Australia use IFRS?What is the difference betwe...
Difference Between IFRS and Canadian GAAP
The main difference between IFRS and Canadian GAAP is that while IFRS offer an overarching set of standards to ensure that the financial stability of ...
Difference Between IAS and GAAP
GAAP are the more generic accounting rules that every country holds, and are directly influenced by the different accounting boards of each jurisdicti...
GAAP vs IFRS
The primary difference between the two systems is that GAAP is rules-based and IFRS is principles-based. This disconnect manifests itself in specific ...