Monday, April 16, 2007 The accounts of 130 foreign private issuers filed with SEC had more than 200 differences between the International Financial Reporting Standards (IFRS) and the US Generally Accepted Accounting Principles (GAAP), Accountancy Magazine reports. Areas with the most substantial differences were pensions, business contributions and financial instruments. Gulf between US and international accounting standards remains Previous articles 'Dirty Data' is a Business Problem, Not an IT Prob...
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