What are the primary differences between U.S. GAAP and IFRS with regard to the capitalization of interest
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What are the primary differences between U.S. GAAP and IFRS with regard to the capitalization of interest on self-constructed assets?
GAAPGenerally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the...
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While both US GAAP and IFRS permit the capitalization of interest IFRS allow for the capitali...View the full answer
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Related Book For 
Intermediate Accounting Reporting and Analysis
ISBN: 978-1337788281
3rd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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