(2004). Changing from German GAAP to IFRS or US GAAP: a survey of German companies. Accounting in Europe, 1(1): 169-189.Weißenberger, B.E., Stahl, A.B., Vorstius, S. (2004) Changing from German GAAP to IFRS or US-GAAP: a survey of German companies. Accounting in Europe, ...
Our study surveys the motives that led these companies to opt for international reporting systems (IFRS or US GAAP) rather than German GAAP and considers whether these objectives have been achieved. Rather surprisingly, we find that even though companies state that their overall expectations have ...
According to the article, an FASB exposure draft proposes changes involving the treatment of leases as capital leases, rights of use, and lease terms. International Financial Reporting Standards (IFRS) and GAAP rules are compared. Contingent rentals and lease commencement dates are mentioned....
The International Accounting Standards Board (IASB) is undertaking an initiative to explore how disclosures in IFRS financial reporting can be improved. The project has started to look at possible ways to address the issues arising from the use of APMs. This initiative is made up of a number...
(2) For additional information, see the "Non-GAAP measures" section. Five years ended October 31, 2011: CIBC: 9.3% Index: 24.3% We are maintaining our medium-term objectives under the new International Financial Reporting Standards (IFRS). A constituent of the Dow Jones Sustainability World ...
1IFRS 18 replaces IAS 1Presentation of Financial Statements. 2IFRS 18 defines management performance measures (MPMs); these measures are currently commonly known as non-GAAP measures, alternative performance measures (APMs) or key performance indicators (KPIs). ...
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Second, the evidence does not support the notion that IFRS is of inferior quality to current US generally accepted accounting principles. Third, the problem areas stem from the apparent divergence of the objectives ascribed to financial statements, the independence and public accountability of the ...