参考资料

Key Differences between IFRS vs. US GAAP. The following are some of the ways in which IFRS and GAAP differ: 1. Treatment of inventory. One of the key differences between these two accounting standards is the accounting method for inventory costs. Under IFRS, the LIFO (Last in First out) method of calculating inventory is not allowed.

IFRS vs. U.S. GAAP: An Overview The International Financial Reporting Standards (IFRS), the accounting standard used in more than 144 countries, has some key differences from the United States ...

When comparing US GAAP and IFRS, differences in the definition of the word "probable" and the measurement techniques used can lead to differences in both the recognition and amount of Contingent Liabilities. IFRS has a lower threshold for recognition as its definition of probable is > 50%, while US GAAP generally considers a contingent ...