The United States prompt adoption of International Financial Reporting Standards (IFRS) may help to jumpstart the US … companies would be able to cut costs. In preparation of financial statements using IFRS the results presented usually portray … of IFRS in the US. We will review the effects of not adopting IFRS that may have contributed to the delay in the recovery …

The Last in First out Method (LIFO) is presently under severe scrutiny from the financial community which may soon … pressure imposed by the US Obama administration to raise additional revenues. Both groups strongly oppose LIFO, raising a … correct in their negative assessment of LIFO? This paper examines critically the many disadvantages of LIFO. Ultimately, the …

Service, IRS. In order for the United States to adopt IFRS Accounting Standards, the elimination of LIFO would have to occur …A roadblock exists between International Financial Reporting Standards, (IFRS) and United States Generally Accepted … Accounting Standards, (US GAAP) in the area of acceptable methods of inventory valuation. IFRS recognizes the First In First Out …

loss approach under International Financial Reporting Standards (IFRS) in the European Union (EU) affects the cross … loss allowances, we also examine the role of supervisors in determining financial statement effects around IFRS adoption … that the predictive ability of loan loss allowances improved following IFRS adoption. Finally, in supplemental analyses we …

IFRS standards and offer which we believe are interesting avenues for future research on the information on tax notes … provided by IFRS financial statements. …

Reporting Standards (IFRS) has spread and they have become global standards for financial reporting. However, they are not used … unanimously all over the world. This paper focuses on differences in countries' approaches to IFRS. Our study aims to investigate … IFRS and run a logistic regression to identify potential factors that influence them. Our findings suggest that the factors …