Global shift to IFRS continues
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Worldwide, Ernst & Young is helping companies address the challenges and opportunities represented by the shift to IFRS. Resources available include the following Local GAAP / IFRS Comparisons:
Argentina | Brazil | Colombia | India | Japan | Russia | Thailand | United States
For in-depth guidance, see GAAIT.
/$FILE/12L00040.jpg "Photo: Bike Commuter") | ArgentinaDownload the Argentine comparison |
This guide provides a brief summary of significant differences between IFRS and Argentine GAAP. | |
/$FILE/12L00069.jpg) | BrazilDownload the Brazilian comparison |
This guide provides a high level look into existing differences between IFRS and standards issued by Comitê de Pronunciamentos Contábeis (locally CPC), a newly established Brazilian accounting standard setter. Learn more about IFRS in Brazil. | |
/$FILE/14L00504-216x180.jpg "Young woman standing on rock beside river, Richmond, Virginia, USA") | Colombia Dowload the Colombian comparison |
Este documento incluye la comparación básica hecha por la firma global de USGAAP y NIIF, traducida al español, y la comparación hecha por el IFRS Colombia desk de estos principios con los principios de contabilidad generalmente en Colombia COLGAAP. | |
/$FILE/12L00089.jpg) | JapanDownload the Japanese comparison Also available in Japanese |
In this booklet, we outline the differences between Japanese GAAP (JGAAP) and IFRS by accounting topic. Learn more about IFRS in Japan in Japanese. | |
/$FILE/12L00026.jpg) | RussiaDownload the Russian comparison
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This publication compares Russian Accounting Principles (RAP) with IFRS and US GAAP, as well as direction and future developments of RAP as they align themselves with IFRS. Learn more about IFRS in Russia (English), also available in Russian. | |
/$FILE/12L00079.jpg) | ThailandDownload the Thai comparison
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This publication compares Thai Accounting Procedures(TAP) with IFRS. Alignment will be effective for large enterprises in Thailand (starting with the 50 largest listed companies – SET 50) from 2011 onward. | |
/$FILE/14L00003.jpg) | United States Download the US comparison
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The FASB and the IASB have made significant strides toward their stated goal of converging US GAAP and IFRS, but they have yet to finalize three of the priority projects they identified in their 2008 Memorandum of Understanding: financial instruments, revenue recognition and leases. This publication provides a comparison of US GAAP and IFRS standards and has been updated for key developments through December 2011. Learn more about IFRS in the US | |