The IFRS is usually a list of procedures issued with the International Accounting Specifications Board. These rules boost consistency and transparency in economic statements. GAAP is actually a set of criteria that accountants should adhere to when they entire economic statements for publicly traded companies while in the U.S. Accountants https://angelofkkii.blogginaway.com/34496091/the-smart-trick-of-account-executive-that-nobody-is-discussing