Financial Accounting and Reporting

In U.S GAAP, noncontrolling interest is measured at fair value including goodwill.

In U.S GAAP, there is no exemption from consolidating subsidiaries in general purpose financial statements. What occurs in IFRS?

In U.S GAAP subsequent events are evaluated through the financial statement issuance date. What occurs in IFRS?

Which accounting standard requires comparative information for prior year?