GAAP vs. IFRS: Key Differences Explained

Compare GAAP and IFRS, the leading accounting standards. Discover their key differences, understand global accounting ...
Monitor

IFRS 18 reinvents income statement

IFRS 18 does not change the accounting rules for recognising revenue, valuing assets or measuring expenses. Instead, it changes the layout and discipline of financial reporting.
Accounting Today

IASB proposes to update IFRS for SMEs

The International Accounting Standards Board introduced update proposals for the IFRS for SMEs accounting standard Thursday, to reflect recent improvements in International Financial Reporting ...
Asian Banking & Finance on MSN

Mizuho pivots to automated reporting to meet Japan’s new IFRS 9 standards

It will use FIS’ balance sheet manager solution to assess credit losses. Mizuho Financial Group has adopted FIS’ balance sheet manager solution for its regulatory reporting requirements in Japan. The ...