Difference Between U.S. GAAP and IFRS

Different countries use different methods of approach in different fields, including accounting. The U.S. GAAP and IFRS are two accounting standards and guidelines that provide a basis for a clear and uniform accounting process. Here, we discuss the differences between the U.S. GAAP and IFRS. U.S. GAAP U.S. GAAP stands for “U.S. Generally Accepted Accounting … Read more Difference Between U.S. GAAP and IFRS