International Financial Reporting Standards F04-33b
What is the rule for leases presentation under IFRS?
International Financial Reporting Standards F04-32b
Operating leases are never recorded on the balance sheet under U.S GAAP. What occurs under IFRS?
International Financial Reporting Standards F04-31b
Under U.S. GAAP, construction contracts are accounted using the percentage-of-completion method if certain criteria are met. What occurs under IFRS?
International Financial Reporting Standards F04-30b
When impairment is recognized through the income statement, a new cost basis is established and the losses cannot be reversed. Does this occur under U.S. GAAP or under IFRS?
