We are pleased to present the 2023 edition of Comparing IFRS Accounting Standards and U.S GAAP: Bridging the Differences. This Roadmap provides an overview of the most significant differences between U.S. GAAP and IFRS® Accounting Standards — two of the most widely used accounting standards in the world.1 The 2023 edition includes updated and expanded guidance that reflects standards effective as of January 1, 2024. Appendix D highlights substantive revisions to previous content.
We hope you will find this Roadmap to be a useful resource in comparing IFRS Accounting Standards and U.S. GAAP, and we welcome your suggestions for improvements to it. If you need assistance applying the guidance or have other questions about this topic, we encourage you to consider consulting our technical specialists and other professional advisers.