Archives: Flashcards

International Financial Reporting Standards F04-53b

IFRS requires certain line items to be disclosed. What is the case for U.S GAAP?

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International Financial Reporting Standards F04-52b

What are the four basis of accounting that are available to a U.S entity that is not required to follow either U.S GAAP or full IFRS?

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International Financial Reporting Standards F04-51b

Under IFRS for SMES which entities are precluded from using it?

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International Financial Reporting Standards F04-50b

Is IFRS for SMEs a form of general accepted accounting principles?

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