IFRS vs US GAAP comprehensive summary

K

krokodilizm

New member
Joined
Jun 18, 2026
Messages
0
Reaction score
0
So I browsed through the curriculum and mapped most relevant differences and similarities. If there are problems/ommissions let me know I will update it.
 
jonta999 wrote:Under A 2 GAAP: is it lower of cost or market
Click to expand...
Right, it’s market (which is vey close to NRV, but not necessarily the same). I’ll give it some time to collect more errata and correct in batches.
 
jonta999 wrote:Under C 4 a b GAAP ; can u detail the treatment? Tx
Click to expand...
I tried to keep it as concise as possible for quick reference. Then realized some aspects are really twisted. Although I gave some insights to the treatment procedure I guess it don’t make much sense on its own. That is why I indexed the table so anybody can track it down to the curriculum for details. If you are using the ebook version of the curriculum the search function (Ctrl+F) is really helpful to pinpoint your queries.
 
@Kroki
Finally you will become an accountant..LOL!
Thumbs up for your willigness and this spreadsheet may help to many candidates.
 
Very nice. Thanks for putting this together and sharing Krok.
 
Flashback wrote:
@Kroki
Finally you will become an accountant..LOL!
Thumbs up for your willigness and this spreadsheet may help to many candidates.
Click to expand...
I will become a programmer like this, condensing the curriculum into databases and binary matrices:)
 
Fine. Then I’d like to see matrix for CIR, Vasicek & Ho Chi Minh model and Credit Rating/Score, Structural and Reduced form models:)
 
You must log in or register to reply here.
Back
Top