Teresa, Duarte Atoche; Ángel, Pérez López José; … - In: Contaduría y Administración 57 (2012) 4, pp. 107-136
U.S. GAAP require the full expensing of R&D expenditures. However, International Financial Reporting Standards (IFRS) require capitalization of R&D cost if it meets certain criteria (IAS 38). At the moment, the International Accounting Standards Board (IASB) and Financial Accounting Standards...
