IFRS and US GAAP: Similarities and differences



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September 2008


The conversion from US GAAP to IFRS brings a long list of technical accounting changes. This volume is designed to provide a broad understanding of the major differences between the accounting methods and to identify the impact those changes could have on individual companies. While this publication does not cover every difference, it focuses on a sampling of those PwC considers most significant and/or most common.

Much more than a simple comparison of the accounting frameworks, this new edition has been completely redesigned for the US market. The 2008 edition: 1) provides context of how the conversion to IFRS has ramifications far beyond the accounting department, 2) provides insight as to the impact of key differences between IFRS and US GAAP, and 3 encourages early consideration of what IFRS means to organizations.

This publication is a component of our "IFRS readiness series". PwC is committed to helping companies with the conversion from US GAAP to IFRS and our publications demonstrate that commitment.

For hard copies of this publication, please contact your PwC engagement team, or use the contact us form.



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Contacts
John Barry
US IFRS leader
Tel: +1 (646) 471 7476
Ken Kuykendall
IFRS tax leader
Tel: +1 (312) 298 2546
Terri McClements
Partner: IFRS advisory leader
Tel: +1 (703) 918 3174
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