Monthly Archives: June 2023

Important Differences between U S. and International Accounting Standards

The International Accounting Standards Board (IASB) has compiled international practices in the International Financial Reporting Standards (IFRS). The International Accounting Standards Board (IASB) defines the International Financial Reporting Standards, an international equivalent of the GAAP. As of 2022, 144 jurisdictions required the use of IFRS for all or most publicly listed companies, and a further […]