International Financial Reporting Standards (IFRS) — an AICPA Backgrounder : GAAP and IFRS, Still Di
Great strides have been made by the FASB and the IASB to converge the content of IFRS and U.S. GAAP. The goal is that by the time the SEC allows or mandates the use of IFRS for U.S. publicly traded companies, most or all of the key differences will have ....