Deloitte
Accounting Research Tool
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Preface

Preface

Preface

We are pleased to present the 2024 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 2024 edition includes updated and expanded guidance that reflects standards effective as of January 1, 2025. Appendix D highlights substantive revisions to previous content.
Be sure to check out On the Radar (also available as a stand-alone publication), which briefly summarizes emerging issues and trends related to the accounting and financial reporting topics addressed in the Roadmap.
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.

Footnotes

1
For the full titles of standards, topics, and regulations used in this publication, see Appendix B. For a list of abbreviations used in this publication, see Appendix C.