Comparing IFRS Accounting Standards and U.S. GAAP: Bridging the Differences

Roadmap
Comparing IFRS Accounting Standards and U.S. GAAP: Bridging the Differences (September 2025)

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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. The comparison highlights key differences and similarities related to major IFRS Accounting Standards such as IFRS 9 (Financial Instruments), IFRS 15 (Revenue From Contracts With Customers), IFRS 16 (Leases), and IFRS 18 (Presentation and Disclosure in Financial Statements). The 2025 edition includes updated and expanded guidance that reflects standards effective as of January 1, 2026, for calendar-year-end public entities. Appendix D highlights substantive revisions to previous content.

Also available is the latest edition of Deloitte’s On the Radar: Comparing IFRS Accounting Standards and U.S. GAAP: Bridging the Differences, which provides a high-level summary of the key differences between IFRS Accounting Standards and U.S. GAAP.

Be sure to check out other titles in Deloitte’s Roadmap series, our comprehensive, easy-to-understand collection of accounting guides on selected topics of broad interest to the financial reporting community.

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