IFRS vs US GAAP

CFA Level I FRA
#1

Hello Is there anyone who summurised the differences in accounting principales between US GAAP and IFRS as presented in the CFA? It would be helpful if u could share it. Thanks in advance for yr help. Best luck Sun

#2

Hey sun.

This is an old link. Probably for dec’12. But i think this is pretty reliable.

http://www.finquiz.com/sample/download/usgaapvsifrs.pdf

I am assuming these standards haven’t changed much.

#3

IFRS has changed a fair bit - IFRS 5/6/11 and 13. not sure the likelihood of being tested though.

#4

Thanks guys :slight_smile: this is nice