The IFRS is really a set of guidelines issued by the Intercontinental Accounting Specifications Board. These procedures advertise regularity and transparency in economic statements. GAAP is often a list of standards that accountants must adhere to every time they full economical statements for publicly traded companies during the U.S. A: https://elliott56ur8.p2blogs.com/32792381/the-fact-about-account-autodesk-that-no-one-is-suggesting