Basic differences between IFRS and GAAP

1. International Financial Reporting Standards http://www.iasplus.com/en/standards

International Financial
Reporting Standards
http://www.iasplus.com/en/stan
dards

2. Basic differences between IFRS and GAAP.

Uniformity
Classification
Effect of tax accounting
Inconsistent application of IFRS
The absence of estimates
The consolidated statements of related
parties
Publication of financial statements

3. G 1. Fixed assets.

Composition
Evaluation
Fair value adjustments
Depreciation
Depreciation methods
Features of the recognition of a disposal