Hey Guys, I suggest to list all the main differences between IAS GAAP and US GAAP. I’ll start if you want;) US GAPP requires interest expenses to be reported as CFO, IAS GAAP allows them to be reported either as CFF or CFO… Thanks! M.
that will fill a big book
there was another thread from maratikus on this same topic a few days ago…
just to let u know on L1 in June 2007 there was just one question that mentioned IAS and it was pretty obvious, so i wouldnt spend too much time on this.
IAS recognizes negative goodwill in transactions, US GAAP does not
ias gaap & u.s. gaap - differ in the treatment of nonrecurring items and discontinued operations