Nicolas Pologeorgis has 24+ years of experience in academic consulting. He has held administrative and faculty positions in various institutions. GAAP is rules-based; IFRS is principles-based. U.S.

Have There Been Benefits to the Convergence Process? Gven this background, the purpose of this discussion is twofold: to provide a review of the events surrounding the convergence movement over the ...

We are rapidly heading towards a world where there are two main financial reporting systems ? US GAAP accounting, used by the largest part of the global capital market, and International Financial ...

International trade and cross-border investing is becoming more complex with new emerging market economies and global investment opportunities. The Securities and Exchange Commission, Federal ...

After 15 long months, the US Securities and Exchange Commission (SEC) in February finally tackled the issue of US accounting standard convergence and conversion. In a move with potentially ...

Despite the aimed at blending International Financial Reporting Standards and U.S. GAAP, it's time for companies to start getting ready for a new financial reporting regime. At least, that's the ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

PricewaterhouseCoopers has released the 2009 edition of its free downloadable guide comparing International Financial Reporting Standards with U.S. GAAP. Processing Content IFRS and US GAAP: ...

Hans Hoogervorst, chairman of the International Accounting Standards Board, reportedly told an audience in Singapore last week that full convergence is no longer an achievable project. Processing ...