Difference between IFRS and U.S. GAAP | Accounting

In a comparison of IFRS and U.S. GAAP published in September 2005, Deloitte Touche Tohmatsu identified more than 100 differences in the two sets of standards. Exhibit 11.9 summarizes some of these differences. Note that a number of these differences are within the scope of the FASB-IASB convergent s projects and therefore are likely to be eliminated over time. The [...]