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Similarities and Differences. a Comparison of Ifrs and Us Gaap

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Similarities and Differences. a Comparison of Ifrs and Us Gaap
Similarities and Differences
A comparison of IFRS and US GAAP

October 2007

PricewaterhouseCoopers’ IFRS and corporate governance publications and tools 2007
IFRS technical publications
IFRS Manual of Accounting 2008 Provides expert practical guidance on how groups should prepare their consolidated financial statements in accordance with IFRS. Comprehensive publication including hundreds of worked examples, extracts from company reports and model financial statements.
IFRS News Monthly newsletter focusing on the business implications of the IASB's proposals and new standards.

Acquisitions – Accounting and transparency under IFRS 3 Assesses the impact of the standard, highlighting the key issues for management and raising questions for the Board.

IAS 39 – Achieving hedge accounting in practice Covers in detail the practical issues in achieving hedge accounting under IAS 39. It provides answers to frequently asked questions and step-by-step illustrations of how to apply common hedging strategies.

Adopting IFRS – A step-by-step illustration of the transition to IFRS Illustrates the steps involved in preparing the first IFRS financial statements. It takes into account the effect on IFRS 1 of the standards issued up to and including March 2004.

Illustrative condensed consolidated interim information – for existing preparers Illustrative information, prepared in accordance with IAS 34, for a fictional existing IFRS preparer. Includes a disclosure checklist and IAS 34 application guidance. Reflects standards issued up to 31 May 2006.

Measurement Checklist 2006 Outlines the measurement bases required by all IFRSs published up to September 2006. Disclosure Checklist 2007 Outlines the disclosures required by all IFRSs published up to September 2006.

Illustrative Consolidated Financial Statements • Investment funds, 2004 • Banking, 2006 • Investment property, 2004 • Corporate, 2007 • Insurance, 2006 Realistic sets of financial statements – for
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