Search results with tag "Gaap vs"
U.S. GAAP vs. IFRS: Intangible assets other than goodwill
rsmus.comTitle: U.S. GAAP vs. IFRS: Intangible assets other than goodwill Subject: U.S. GAAP vs. IFRS: Intangible assets other than goodwill Keywords: Currently, more than 120 countries require or permit the use of International Financial Reporting Standards (IFRS), with a significant number of countries requiring IFRS (or some form of IFRS) by public entities (as defined by those specific …
U.S. GAAp vs. IFRS: Impairment of long-lived assets …
rsmus.comU.S. GAAP IFRS Relevant guidance ASC 350 IAS 36 Goodwill allocation Goodwill is allocated to a reporting unit. Depending on the facts and circumstances, a reporting unit is either an operating segment
U.S. GAAP vs. IFRS: Contingencies and provisions
rsmus.coma contingent liability as “a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the entity.” Paragraph 10 of IAS 37 also includes in the definition of a contingent liability “a present