Accounting Community Forum - IFRS & US GAAP - Recent questions and answers in General Accounting Q&A https://www.accountantanswer.com/qa/ifrs-vs-us-gaap Powered by Question2Answer Answered: What is a share capital fund? https://www.accountantanswer.com/2782/what-is-a-share-capital-fund?show=4301#a4301 General Accounting Q&A https://www.accountantanswer.com/2782/what-is-a-share-capital-fund?show=4301#a4301 Thu, 19 Jan 2023 18:29:16 +0000 Answered: Capitalise installation fees https://www.accountantanswer.com/2526/capitalise-installation-fees?show=4296#a4296 General Accounting Q&A https://www.accountantanswer.com/2526/capitalise-installation-fees?show=4296#a4296 Thu, 19 Jan 2023 18:20:17 +0000 Answered: Can I combine like project items to reach $5k minimum for Capex vs Operating expense? https://www.accountantanswer.com/2375/combine-project-items-reach-minimum-capex-operating-expense?show=2707#a2707 General Accounting Q&A https://www.accountantanswer.com/2375/combine-project-items-reach-minimum-capex-operating-expense?show=2707#a2707 Thu, 19 Jan 2023 14:29:30 +0000 Answered: Asset fully depreciated https://www.accountantanswer.com/2416/asset-fully-depreciated?show=2887#a2887 General Accounting Q&A https://www.accountantanswer.com/2416/asset-fully-depreciated?show=2887#a2887 Thu, 19 Jan 2023 14:28:12 +0000 Can I change from cost model to revaluation model in IAS38 and how? https://www.accountantanswer.com/3063/can-change-from-cost-model-to-revaluation-model-ias38-and-how General Accounting Q&A https://www.accountantanswer.com/3063/can-change-from-cost-model-to-revaluation-model-ias38-and-how Thu, 19 Jan 2023 14:24:05 +0000 Answered: IAS 20 GRANTS https://www.accountantanswer.com/2361/ias-20-grants?show=2369#a2369 General Accounting Q&A https://www.accountantanswer.com/2361/ias-20-grants?show=2369#a2369 Fri, 26 Jul 2019 06:12:10 +0000 Answered: Accountancy fees accruals https://www.accountantanswer.com/2301/accountancy-fees-accruals?show=2303#a2303 General Accounting Q&A https://www.accountantanswer.com/2301/accountancy-fees-accruals?show=2303#a2303 Mon, 28 May 2018 10:07:08 +0000 Answered: Bank interest received https://www.accountantanswer.com/2286/bank-interest-received?show=2287#a2287 General Accounting Q&A https://www.accountantanswer.com/2286/bank-interest-received?show=2287#a2287 Thu, 12 Apr 2018 18:17:35 +0000 Answered: Where do I reflect accumulated amort. closing costs on my cash flow statement? https://www.accountantanswer.com/2238/where-reflect-accumulated-amort-closing-costs-cash-statement?show=2273#a2273 General Accounting Q&A https://www.accountantanswer.com/2238/where-reflect-accumulated-amort-closing-costs-cash-statement?show=2273#a2273 Wed, 11 Apr 2018 12:10:53 +0000 What the meaning earning manajement to acounting https://www.accountantanswer.com/2235/what-the-meaning-earning-manajement-to-acounting General Accounting Q&A https://www.accountantanswer.com/2235/what-the-meaning-earning-manajement-to-acounting Tue, 10 Apr 2018 06:22:09 +0000 Answered: Provision for doubtful debts - accounting treatment under IFRS and GAAP https://www.accountantanswer.com/2236/provision-doubtful-debts-accounting-treatment-under-ifrs?show=2257#a2257 General Accounting Q&A https://www.accountantanswer.com/2236/provision-doubtful-debts-accounting-treatment-under-ifrs?show=2257#a2257 Tue, 10 Apr 2018 06:21:01 +0000 impairment or disposal? https://www.accountantanswer.com/2220/impairment-or-disposal General Accounting Q&A https://www.accountantanswer.com/2220/impairment-or-disposal Sun, 21 Jan 2018 18:00:30 +0000 Answered: Forex trading - are there specific accounting rules? https://www.accountantanswer.com/2209/forex-trading-are-there-specific-accounting-rules?show=2210#a2210 General Accounting Q&A https://www.accountantanswer.com/2209/forex-trading-are-there-specific-accounting-rules?show=2210#a2210 Thu, 11 Jan 2018 19:36:15 +0000 Answered: Indications of impairment as per IAS36 https://www.accountantanswer.com/2164/indications-of-impairment-as-per-ias36?show=2165#a2165 General Accounting Q&A https://www.accountantanswer.com/2164/indications-of-impairment-as-per-ias36?show=2165#a2165 Wed, 15 Nov 2017 08:13:13 +0000 Answered: Kindly explain in detail control accounts and personal ledgers? Impact of control accounts on financial statements? https://www.accountantanswer.com/2132/explain-accounts-personal-accounts-financial-statements?show=2133#a2133 General Accounting Q&A https://www.accountantanswer.com/2132/explain-accounts-personal-accounts-financial-statements?show=2133#a2133 Thu, 02 Nov 2017 11:17:42 +0000 Answered: What are allowable deductions? https://www.accountantanswer.com/2091/what-are-allowable-deductions?show=2092#a2092 General Accounting Q&A https://www.accountantanswer.com/2091/what-are-allowable-deductions?show=2092#a2092 Thu, 05 Oct 2017 19:58:17 +0000 Reallocation of retained earnings based on GAAP but reporting financial statements based on IFRS https://www.accountantanswer.com/1894/reallocation-retained-earnings-reporting-financial-statements General Accounting Q&A https://www.accountantanswer.com/1894/reallocation-retained-earnings-reporting-financial-statements Sat, 29 Apr 2017 14:30:30 +0000 Answered: How should employee walkout be presented in IFRS or GAAP FS? https://www.accountantanswer.com/1891/how-should-employee-walkout-be-presented-in-ifrs-or-gaap-fs?show=1892#a1892 General Accounting Q&A https://www.accountantanswer.com/1891/how-should-employee-walkout-be-presented-in-ifrs-or-gaap-fs?show=1892#a1892 Mon, 24 Apr 2017 10:53:38 +0000 Answered: What is the progress of us convergence towards ifrs https://www.accountantanswer.com/1582/what-is-the-progress-of-us-convergence-towards-ifrs?show=1588#a1588 General Accounting Q&A https://www.accountantanswer.com/1582/what-is-the-progress-of-us-convergence-towards-ifrs?show=1588#a1588 Sat, 12 Nov 2016 13:11:10 +0000 Answered: What is the difference between IFRS vs GAAP cost of goods sold acounting? https://www.accountantanswer.com/277/what-difference-between-ifrs-gaap-cost-goods-sold-acounting?show=278#a278 General Accounting Q&A https://www.accountantanswer.com/277/what-difference-between-ifrs-gaap-cost-goods-sold-acounting?show=278#a278 Tue, 23 Apr 2013 07:23:38 +0000 Answered: Costs of converting to IFRS? https://www.accountantanswer.com/108/costs-of-converting-to-ifrs?show=109#a109 General Accounting Q&A https://www.accountantanswer.com/108/costs-of-converting-to-ifrs?show=109#a109 Fri, 08 Feb 2013 02:43:57 +0000 Answered: If US adopts IFRS, will the role of SEC get minimized? https://www.accountantanswer.com/78/if-us-adopts-ifrs-will-the-role-of-sec-get-minimized?show=97#a97 General Accounting Q&A https://www.accountantanswer.com/78/if-us-adopts-ifrs-will-the-role-of-sec-get-minimized?show=97#a97 Sun, 03 Feb 2013 13:03:09 +0000 Answered: What is the difference between US GAAP & IFRS? https://www.accountantanswer.com/92/what-is-the-difference-between-us-gaap-ifrs?show=93#a93 General Accounting Q&A https://www.accountantanswer.com/92/what-is-the-difference-between-us-gaap-ifrs?show=93#a93 Sat, 02 Feb 2013 13:08:42 +0000 Answered: Are IFRS better than US GAAP? https://www.accountantanswer.com/79/are-ifrs-better-than-us-gaap?show=82#a82 General Accounting Q&A https://www.accountantanswer.com/79/are-ifrs-better-than-us-gaap?show=82#a82 Fri, 25 Jan 2013 07:14:35 +0000