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What's the difference between UK IFRS and US IFRS?

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Question added by Punit Rai , Accounts Manager , Hitech Grain Processing Pvt Ltd
Date Posted: 2016/02/08
RAJESH DESHKULKARNI GOPAL
by RAJESH DESHKULKARNI GOPAL , Group Accounts & Tax Manager , Confidential Group

Note that,

There's no US IFRS existed, so far, US didn't accepted IFRS which are about 120+ countries accepted & following by IFRS

i.e. IFRS framed by IASB (International Accounting Standard Board)

 

US still following there own US GAAP

There're negotiations still going in between IASB & US to follow IFRS as a generally accepted Accounting reporting standard across globe.

 

For more in-depth information/updates, please follow below link;

http://www.ifrs.org/Pages/default.aspx

 

 

Mohammed asad Ansar Ayub Cheema
by Mohammed asad Ansar Ayub Cheema , As a employee , PDO

U.S with Israel. They have violated the treaties of Peacefull solution on. From the Stated of Kuwait. They have attacked with weapons nuclear to Sirya. Killing childrens and to leave Presidet Al Bashar without dialogue, investigation or Justices. On the another hand, U.S blame as usually at all the pacts with the Monarchy at Gulf, such as Al sabah or Arabia Saudia or Emirates. Three chances for the European to reduces the deficits, sending Uk and Frances to attack Syria. Whiles that they keep in secrets illegal,to whom take as Rehen. Who knows the true and give the Supreme Court. They have retrieved it. To promote the Yihadism, Terrorism Islamic as a Comic, more for pushing to attack not to Daesh. To innocents people. In despite of, We must end the term of "Terrorism" or "Zionist."???

By the way the promotion at Gulf,Its has been Guilty, and Nasty with full liers, and  graves illegal secrets (Homicide) starting  a sickness bag"  and Top level" Crimes, to someone who are so " Special". Don´t  know.?.

Of course, U.S has attacked not only "SYRIA", IRAQ, EGYPT, YEMEN, AND TRIES NOW IRAN"...This is the strategy of Israel Illuminatis". You know something else