Comments on: List of Differences Between US GAAP and IFRS http://www.concurringopinions.com/archives/2008/08/list_of_differe.html The Law, the Universe, and Everything Tue, 14 Feb 2012 05:18:12 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Martina http://www.concurringopinions.com/archives/2008/08/list_of_differe.html/comment-page-1#comment-47623 Martina Sat, 22 Nov 2008 06:36:32 +0000 http://www.solove.org/archives/2008/08/list-of-differences-between-us-gaap-and-ifrs.html#comment-47623 With the successful completion of the IASCs standards, IFRS and US GAAP were placed as the two pre-eminent world financial reporting frameworks. For years, however, US GAAP was accepted widely as the international set of standards to ensure high quality financial statements. Especially in the US, but also elsewhere, the introduction of IFRS has lead to a discussion on the quality of both regimes. However, relatively little research has been devoted to the subject. In this study, we address that void and further compare the quality of the two standard regimes using a sample of German New Market firms. Financial statement quality is measured applying multiple earnings attributes traditionally used in accounting research. Consistently throughout our measures, we find that the quality of US GAAP prepared financial statements and IFRS information is overall very comparable. Only with regard to predictive ability of accounting information do we find US GAAP superiority. ----------------- Martina <a href="http://www.addictionlink.org/drug-rehab-center/iowa" rel="nofollow">iowa drug rehab</a> With the successful completion of the IASCs standards, IFRS and US GAAP were placed as the two pre-eminent world financial reporting frameworks. For years, however, US GAAP was accepted widely as the international set of standards to ensure high quality financial statements. Especially in the US, but also elsewhere, the introduction of IFRS has lead to a discussion on the quality of both regimes. However, relatively little research has been devoted to the subject. In this study, we address that void and further compare the quality of the two standard regimes using a sample of German New Market firms. Financial statement quality is measured applying multiple earnings attributes traditionally used in accounting research. Consistently throughout our measures, we find that the quality of US GAAP prepared financial statements and IFRS information is overall very comparable. Only with regard to predictive ability of accounting information do we find US GAAP superiority.

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Martina

iowa drug rehab

]]> By: Martina http://www.concurringopinions.com/archives/2008/08/list_of_differe.html/comment-page-1#comment-47622 Martina Sat, 22 Nov 2008 06:32:38 +0000 http://www.solove.org/archives/2008/08/list-of-differences-between-us-gaap-and-ifrs.html#comment-47622 With the successful completion of the IASCs standards, IFRS and US GAAP were placed as the two pre-eminent world financial reporting frameworks. For years, however, US GAAP was accepted widely as the international set of standards to ensure high quality financial statements. Especially in the US, but also elsewhere, the introduction of IFRS has lead to a discussion on the quality of both regimes. However, relatively little research has been devoted to the subject. In this study, we address that void and further compare the quality of the two standard regimes using a sample of German New Market firms. Financial statement quality is measured applying multiple earnings attributes traditionally used in accounting research. Consistently throughout our measures, we find that the quality of US GAAP prepared financial statements and IFRS information is overall very comparable. Only with regard to predictive ability of accounting information do we find US GAAP superiority. ----------------- Martina <a href="http://www.addictionlink.org/drug-rehab-center/iowa" rel="nofollow">iowa drug rehab</a> With the successful completion of the IASCs standards, IFRS and US GAAP were placed as the two pre-eminent world financial reporting frameworks. For years, however, US GAAP was accepted widely as the international set of standards to ensure high quality financial statements. Especially in the US, but also elsewhere, the introduction of IFRS has lead to a discussion on the quality of both regimes. However, relatively little research has been devoted to the subject. In this study, we address that void and further compare the quality of the two standard regimes using a sample of German New Market firms. Financial statement quality is measured applying multiple earnings attributes traditionally used in accounting research. Consistently throughout our measures, we find that the quality of US GAAP prepared financial statements and IFRS information is overall very comparable. Only with regard to predictive ability of accounting information do we find US GAAP superiority.

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Martina

iowa drug rehab

]]> By: David Zaring http://www.concurringopinions.com/archives/2008/08/list_of_differe.html/comment-page-1#comment-47621 David Zaring Sat, 30 Aug 2008 23:18:18 +0000 http://www.solove.org/archives/2008/08/list-of-differences-between-us-gaap-and-ifrs.html#comment-47621 You know, I was just wondering about this. Kevin Young has done it for the beginning and the end of Basel. But I don't think Mattli and Buthe or anyone else has done it in IFRS ... not that I'd know for sure. You know, I was just wondering about this. Kevin Young has done it for the beginning and the end of Basel. But I don’t think Mattli and Buthe or anyone else has done it in IFRS … not that I’d know for sure.

]]> By: Nathan Wagner http://www.concurringopinions.com/archives/2008/08/list_of_differe.html/comment-page-1#comment-47620 Nathan Wagner Fri, 29 Aug 2008 16:12:57 +0000 http://www.solove.org/archives/2008/08/list-of-differences-between-us-gaap-and-ifrs.html#comment-47620 Take a look at http://www.ifrsaccounting.com/ifrs-gaap.html which seems to be what you're looking for. Take a look at http://www.ifrsaccounting.com/ifrs-gaap.html which seems to be what you’re looking for.

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