Watchara Piriyaputtanapun / Getty Images There are differences between how the U.S. Generally Accepted Accounting Principles (GAAP) and the International Financial Reporting Standards (IFRS ...
While GAAP and IFRS have differences, they share the same core goal that emerged from the 1930s reforms—protecting investors through transparency and consistency. IFRS is principles-based ...
Per IFRS guidelines, these non-barter transactions ... be used to help establish fair market value. The primary difference between GAAP and the SIC-31 is that GAAP has a way of accounting for ...
Many companies choose to also report their own non-GAAP financials. What is the difference between the two? Let's go over GAAP vs. non-GAAP and what you should do if a company reports both.