ifrs vs gaap
2 Articles
ASC 330 Inventory Valuation: Write-Downs & Reversals
Explore ASC 330 inventory valuation and write-down mechanics. Understand the lower of cost or NRV rule and why US GAAP strictly prohibits impairment reversals.
2/25/2026• 28 min read
asc 330inventory valuationus gaap
Global Accounting Standards: A Guide to IFRS vs. GAAP
Learn the key differences between global accounting standards like IFRS and U.S. GAAP. This guide compares financial reporting frameworks by country.
10/12/2025• 45 min read
accounting standardsifrsus gaap