IFRS vs GAAP - list of all differences

[jdoug1234]

Does anyone have a list of all the differences between the two that are likely to be tested. Can someone provide one.

 

[Batman1]

http://forum.300hours.com/discussion/819/ifrs-vs-gaap-for-level-1#latest

 

[kngods]

Here’s the thing at first i was like you as well. But i remember reading some where on this forrum one of the veteren member said that “IFRS & US GAAP is like a forrest. if you try and memorize them you’ll only see the individual trees”. Lol blew my mind but he was right , you need to understand them because there’s only some parts where they are different and it’s not that much. Generally from what i see is IFRS is alot more lenient compared to US GAAP