A comparison of IFRS and US GAAP

Similarities and Differences: a comparison of IFRS and US GAAP The International Accounting Standards Board and the US Financial Accounting Standards Board have been committed to converging IFRS and US GAAP since the Norwalk Accord of 2002. With recent developments in the US, this publication seeks to provide the key differences, including all standards and publications published up to August 2007. http://www.pwc.com/gx/eng/about/svcs/corporatereporting/SandD_07.pdf