IFRS® Perspectives
Update on IFRS® Accounting Standards in the US
IFRS Perspectives - Q3 2023
Insight
ISSB Standards: general and climate
A holistic approach to identifying sustainability-related risks and opportunities and disclosing material information.
Insight
Assets held for sale and discontinued operations: IFRS® Accounting Standards vs US GAAP
Top 10 differences between IFRS 5 and ASC Subtopics 360-10 and 205-20.
Insight
Sale and leaseback: IFRS® Accounting Standards vs US GAAP
Seller-lessee accounting for sale-and-leaseback transactions under IFRS 16 versus ASC Topic 842.
No results found.
Insight
Revenue accounting: IFRS® Standards vs US GAAP
Top 10 differences between IFRS 15 and ASC Topic 606 for revenue recognition.
Insight
IFRS vs. US GAAP: R&D costs
The accounting for research and development costs under IFRS can be significantly more complex than under US GAAP.
Insight
Income statement presentation: IFRS compared to US GAAP
The IFRS income statement follows certain formatting requirements and options different from US GAAP.
Insight
Income taxes: IFRS® Accounting Standards versus US GAAP
Top 10 differences between IAS 12 and ASC Topic 740.
Insight
Equity-method investees: IFRS impairment compared to US GAAP
Impairment testing of investments in joint ventures and associates can be challenging under IFRS.
Insight
Lease accounting: IFRS® Standards vs US GAAP
Top 10 differences between ASC Topic 842 and IFRS 16 for lessees.
Insight
Restructuring: Understanding the IFRS requirements
IFRS has specific requirements for restructuring activities that differ from US GAAP.
Insight
Accounting for legal claims: IFRS compared to US GAAP
IFRS and US GAAP have many subtle differences when accounting for provisions (loss contingencies) for legal claims.
Insight
Customer accounting for software-as-a-service arrangements
Accounting for the costs of cloud computing arrangements to provide software-as-a-service under IFRS® Standards
Insight
Converting from US GAAP to IFRS
To properly plan an effective transition, we offer ten factors for success plus five key things to consider.
No results found.
Insight
IFRS Perspectives - Q2 2023
Accounting for deferred revenue in a business combination, global minimum tax, income taxes: (IFRS – US GAAP top differences), 2023 Interpretations Committee Agenda Decisions, Q2 2023 new IFRS Accounting Standards and amendments.
Insight
IFRS Perspectives - Q1 2023
IRA and CHIPS, carbon offsets and credits, subsequent accounting for goodwill, and scope of IFRS 17.
Insight
IFRS Perspectives – Q4 2022
Goodwill impairment, statement of cash flows (IFRS – US GAAP top differences), Q4 2022 new IFRS Accounting Standards and amendments, 2022 IFRS Interpretations Committee Decisions
Insight
IFRS Perspectives – Q3 2022
Cryptocurrencies, hedge accounting (IFRS – US GAAP top differences), and current/noncurrent debt classification (IFRS – US GAAP top differences)
Explore more
Subscribe to the IFRS Perspectives Newsletter
Subscribe to receive timely updates on the application of IFRS in the United States: our latest IFRS thought leadership, articles, webcasts and CPE seminars.
Meet our team
