Question: PricewaterhouseCoopers offers a publication on its Web site entitled IFRS and US GAAP : similarities and differences: September 2010 that provides a topic-based comparison. Access

PricewaterhouseCoopers offers a publication on its Web site entitled "IFRS and US : similarities and differences: September 2010" that provides a topic-based comparison. Access this publication on the Web at www.pwc.com/us/en/issues/ifrs-reporting/publications/ifrs-andus-gaap-similarities-and-differences-september-2010.jhtml. On pages 4-11 of this publication, there is a table of differences between U.S and IFRS by reporting issue. There is also a reference to the pages in the document where each of these items is explained in more detail. Select any three of the items and read about the nature of the differences. Prepare a short paper approximately 2-3 pages long that defines the nature of the differences and discusses what you have found.

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