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GAAP and IFRS Differences and Implementations
Globalization has acted as a catalyst for the convergence of cultures and business applications. This convergence is pushing the accounting world to adapt a single unified accounting standard. The two major accounting standards that exist today are the International Financial Reporting Standards (IFRS) and the Generally Accepted Accounting Principles (GAAP). The two standards overlap in many areas, but there still remains many differences in reporting between the two.GAAP Vs IFRS – A Brief Overview
GAAP, Generally Accepted Accounting Principles, is the accounting standard used in the US, UK, Japan, China and other handful countries, while IFRS, the International Financial Reporting Systems, is the accounting standard used in the majority of countries around the world including all the members of the European Union. These two accounting frameworks are not the only ones used around the globe but, by far, they are the most adapted by international companies and corporations that function in our current unified global market. In this article, I will briefly present some of the differences of these two accounting frameworks.Comprehesive Mortgage Auditing
Comprehensive reporting is both a forensic investigation and securitization analysis of a residential property lien with a few important additions. Dive into the profit margins of securitizing parties.Key Medicare Annual Enrollment Choices
Medicare choices during the Annual Enrollment Period are confusing. However, there are some key choices to consider before deciding on a specific plan. This article sorts those out so making your specific choices are easier.How Bitcoin Works
This article explain how bitcoin works and where it’s possible to use bitcoin. It also explain about the recent developments with bitcoin casino and pokersites.YOU Alone Are Responsible for Your Success or Failure!
Stop blaming others for the sorry state you find yourself in. You either have a result or you have an excuse to why you didn’t get the result you wanted. Here is a massive secret for you that the rich and wealthy all know and understand.Fast Refinance
Fast refinance provides you multiple benefits like same-day approval, no additional fees, increased savings and quicker access to funds. Understand fast refinance in detail and know how a finance broker can help you in getting the finance product quickly.