The IFRS is actually a set of regulations issued because of the Worldwide Accounting Specifications Board. These rules promote regularity and transparency in economic statements. GAAP is a set of criteria that accountants have to adhere to once they finish fiscal statements for publicly traded companies from the U.S. Consider https://dallasdffec.blogscribble.com/33939502/the-smart-trick-of-account-adobe-that-no-one-is-discussing