Comparison of U.S. GAAP vs. IFRS Study: Using resources for comparisons of U. S. GAAP with IFRS the write a research paper to compare the U.S. GAAP with IFRS in terms of impact on balance sheet items and income statement items. For the purpose of assurance of learning, the student will receive two scores based on:

(1)A2S1: the quality for the analysis of IFRS accounting principles compared and contrasted to U.S. GAAP (MBA-INTERNATIONAL); and

(2)A2S2: the ability to identify differences and similarities in accounting rules (IFRS) and principles (U.S. GAAP), and to conclude which financial reports (based on GAAP or IFRS) closely approximate real value in assets (MBA-ACCT).

(3)A2S3: the ability to correctly understand and use the term “earnings management” in U.S. GAAP and IAS using statistical models (MBA-QANT)


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