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<channel>
	<title>IFRS LIST.com &#187; US GAAP</title>
	<atom:link href="http://www.ifrslist.com/tag/us-gaap/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.ifrslist.com</link>
	<description>The Community about IAS/IFRS, International Accounting</description>
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		<item>
		<title>IASeminars Course 2081: US GAAP Technical Update – Miami – 15% discount – 26th April 2012 (2-day course)</title>
		<link>http://www.ifrslist.com/events/2012/01/24/iaseminars-course-2081-us-gaap-technical-update-2-day-course-miami-15-discount/</link>
		<comments>http://www.ifrslist.com/events/2012/01/24/iaseminars-course-2081-us-gaap-technical-update-2-day-course-miami-15-discount/#comments</comments>
		<pubDate>Tue, 24 Jan 2012 16:00:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[DOCUMENTS]]></category>
		<category><![CDATA[EVENTS]]></category>
		<category><![CDATA[MIAMI]]></category>
		<category><![CDATA[USA]]></category>
		<category><![CDATA[IAS-IFRS STANDARDS]]></category>
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		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/events/?p=502</guid>
		<description><![CDATA[Course Summary
This two-day course offers participants the benefits of both a US GAAP technical update and a workshop on the FASB Accounting Standards Codification. The first day of the course comprises a technical update that brings delegates up-to-da...


Related posts:<ol><li><a href='http://www.ifrslist.com/events/2012/01/24/iaseminars-course-1082-ifrs-technical-update-2-days-toronto-15-discount/' rel='bookmark' title='Permanent Link: IASeminars Course 1082: IFRS Technical Update – Toronto – 15% discount – 26th April 2012 (2 days)'>IASeminars Course 1082: IFRS Technical Update – Toronto – 15% discount – 26th April 2012 (2 days)</a></li>
<li><a href='http://www.ifrslist.com/events/2012/01/24/iaseminars-course-1082-ifrs-technical-update-2-days-toronto-15-discount/' rel='bookmark' title='Permanent Link: IASeminars Course 1082: IFRS Technical Update – Toronto – 15% discount – 26th April 2012 (2 days)'>IASeminars Course 1082: IFRS Technical Update – Toronto – 15% discount – 26th April 2012 (2 days)</a></li>
<li><a href='http://www.ifrslist.com/events/2012/01/24/iaseminars-course-1025-major-ifrs-and-us-gaap-differences-2-days-miami-15-discount/' rel='bookmark' title='Permanent Link: IASeminars Course 1025: Major IFRS and US GAAP Differences – Miami – 15% discount – 26th April 2012 (2 days)'>IASeminars Course 1025: Major IFRS and US GAAP Differences – Miami – 15% discount – 26th April 2012 (2 days)</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>IASeminars Course 2003: US GAAP Essentials – Miami – 15% discount – 23 April 2012 (3 days)</title>
		<link>http://www.ifrslist.com/events/2012/01/24/iaseminars-course-2003-us-gaap-essentials-3-days-miami-15-discount/</link>
		<comments>http://www.ifrslist.com/events/2012/01/24/iaseminars-course-2003-us-gaap-essentials-3-days-miami-15-discount/#comments</comments>
		<pubDate>Tue, 24 Jan 2012 09:00:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[DOCUMENTS]]></category>
		<category><![CDATA[EVENTS]]></category>
		<category><![CDATA[MIAMI]]></category>
		<category><![CDATA[USA]]></category>
		<category><![CDATA[IAS-IFRS STANDARDS]]></category>
		<category><![CDATA[IASEMINARS]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/events/?p=478</guid>
		<description><![CDATA[Course Summary
This three-day course provides a detailed overview of the technical issues faced in producing US GAAP financial statements.
The program covers, through the use of illustrative financial statements and exercises:

Sources of US GAAP
GAAP ...


Related posts:<ol><li><a href='http://www.ifrslist.com/events/2012/01/24/iaseminars-course-1025-major-ifrs-and-us-gaap-differences-2-days-miami-15-discount/' rel='bookmark' title='Permanent Link: IASeminars Course 1025: Major IFRS and US GAAP Differences – Miami – 15% discount – 26th April 2012 (2 days)'>IASeminars Course 1025: Major IFRS and US GAAP Differences – Miami – 15% discount – 26th April 2012 (2 days)</a></li>
<li><a href='http://www.ifrslist.com/events/2012/01/17/iaseminars-course-1035-ifrs-basics-with-us-gaap-comparison-3-days-toronto-15-discount/' rel='bookmark' title='Permanent Link: IASeminars Course 1035: IFRS Basics with US GAAP Comparison – Toronto – 15% discount – 23 April 2012 (3 days)'>IASeminars Course 1035: IFRS Basics with US GAAP Comparison – Toronto – 15% discount – 23 April 2012 (3 days)</a></li>
<li><a href='http://www.ifrslist.com/events/2012/01/17/iaseminars-course-1035-ifrs-basics-with-us-gaap-comparison-3-days-toronto-15-discount/' rel='bookmark' title='Permanent Link: IASeminars Course 1035: IFRS Basics with US GAAP Comparison – Toronto – 15% discount – 23 April 2012 (3 days)'>IASeminars Course 1035: IFRS Basics with US GAAP Comparison – Toronto – 15% discount – 23 April 2012 (3 days)</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Joint AICPA/IASC Foundation Conference on IFRS</title>
		<link>http://www.ifrslist.com/2009/06/18/joint-aicpaiasc-foundation-conference-on-ifrs/</link>
		<comments>http://www.ifrslist.com/2009/06/18/joint-aicpaiasc-foundation-conference-on-ifrs/#comments</comments>
		<pubDate>Thu, 18 Jun 2009 18:05:04 +0000</pubDate>
		<dc:creator>etrose</dc:creator>
				<category><![CDATA[EVENTS]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[AICPA]]></category>
		<category><![CDATA[IASB]]></category>
		<category><![CDATA[IASC Foundation]]></category>
		<category><![CDATA[ifrs conference]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1357</guid>
		<description><![CDATA[The AICPA and IASC Foundation’s International Financial Reporting Standards (IFRS) in North America 2009 (October 29-30, 2009 in New York with Pre-Conference Workshops October 28) conference features in-depth presentations, panel discussions and extensive Q&#38;A sessions on the most current developments impacting you and your organization with Sir David Tweedie from the IASB, Bob Herz from the FASB, leaders from other U.S. Regulatory bodies in addition to Paul Volcker (participtation is subject to confirmation), Chairman, U.S. Economic Recovery Advisory Board. Delegates will hear from companies that have already adopted IFRS, giving ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2010/05/16/iasc-foundation-ifrs-conference-asia-%e2%80%93-final-programme-now-available/' rel='bookmark' title='Permanent Link: IASC Foundation IFRS Conference Asia – Final Programme now available!'>IASC Foundation IFRS Conference Asia – Final Programme now available!</a></li>
<li><a href='http://www.ifrslist.com/2009/05/26/iasc-foundation-ifrs-conference-seoul-%e2%80%93-final-programme-now-available/' rel='bookmark' title='Permanent Link: IASC Foundation IFRS Conference Seoul – Final Programme now available!'>IASC Foundation IFRS Conference Seoul – Final Programme now available!</a></li>
<li><a href='http://www.ifrslist.com/2009/05/18/iasc-foundation-ifrs-conference-milan-%e2%80%93-register-by-22nd-may-save-up-to-300-euros/' rel='bookmark' title='Permanent Link: IASC Foundation IFRS Conference: Milan – Register by 22nd May &#038; SAVE up to 300 Euros!'>IASC Foundation IFRS Conference: Milan – Register by 22nd May &#038; SAVE up to 300 Euros!</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Entries &#8211; Consolidation of financial statements</title>
		<link>http://www.ifrslist.com/2009/04/11/entries-consolidation-of-financial-statements/</link>
		<comments>http://www.ifrslist.com/2009/04/11/entries-consolidation-of-financial-statements/#comments</comments>
		<pubDate>Sat, 11 Apr 2009 08:57:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[BUSINESS COMBINATION]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://www.ifrslist.com/?p=1255</guid>
		<description><![CDATA[Dear All,
Request your valuable advice on the entries to be passed in the books of 1. Consolidated company 2. Stand Alone Parent Company for the purchase of shares on March 1,2009 and also the treatment of Goodwill.
Company X had already acquired 50 % of shares of Company Y 2 years back for a cash consideration of $65,000(Total Value of Common Stock/shares #1000).The parent company has been recording the investment under equity method and as on Feb 28,2009, the carrying value of investment is $69,000 (after considering the post acquisition share ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2010/10/19/consolidation-of-net-loss-position/' rel='bookmark' title='Permanent Link: Consolidation of net loss position'>Consolidation of net loss position</a></li>
<li><a href='http://www.ifrslist.com/2010/10/03/consolidation-of-foreign-sub/' rel='bookmark' title='Permanent Link: Consolidation of Foreign sub'>Consolidation of Foreign sub</a></li>
<li><a href='http://www.ifrslist.com/2010/11/12/consolidation-disposal-of-subsidiary/' rel='bookmark' title='Permanent Link: Consolidation- disposal of subsidiary'>Consolidation- disposal of subsidiary</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Investment decision</title>
		<link>http://www.ifrslist.com/2008/12/15/investment-decision/</link>
		<comments>http://www.ifrslist.com/2008/12/15/investment-decision/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:30:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 2]]></category>
		<category><![CDATA[IAS 27]]></category>
		<category><![CDATA[IAS 28]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRS 3]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[SUBSIDIARY]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-investment-decision/</guid>
		<description><![CDATA[Dear Every one,

Can any one help to solve the following problems:
   
Say, XY is a joint venture company between X &#38; Y with 70:30 proportion with issued capital of  $100. Now, Y intends to offload its share to Z company for a consideration of $ 80.
Now the question is how this investment would be shown in Z company&#8217;s F/S and which IAS/IFRS will cover this transaction ?
 
Also can any one share reconciliation between IFRS and US GAAP F/S ?
 
Advance thanks to every one
 
 
MM


Hi there,

My answer would be the following:
Y has a ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/15/where-can-i-find-pdf-copy-of-us-gaap-and-us-gaap-apb/' rel='bookmark' title='Permanent Link: Where can I find pdf copy of US GAAP and US GAAP APB?'>Where can I find pdf copy of US GAAP and US GAAP APB?</a></li>
<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-equity-accounting/' rel='bookmark' title='Permanent Link: Equity accounting.'>Equity accounting.</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/' rel='bookmark' title='Permanent Link: Equity investments AFS is a non-monetary items?'>Equity investments AFS is a non-monetary items?</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Where can I find pdf copy of US GAAP and US GAAP APB?</title>
		<link>http://www.ifrslist.com/2008/12/15/where-can-i-find-pdf-copy-of-us-gaap-and-us-gaap-apb/</link>
		<comments>http://www.ifrslist.com/2008/12/15/where-can-i-find-pdf-copy-of-us-gaap-and-us-gaap-apb/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:22:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[LOCAL GAAP vs IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DIVIDEND]]></category>
		<category><![CDATA[DOWNLOAD]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[EVALUATION]]></category>
		<category><![CDATA[EXCHANGE RATE]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[FASB]]></category>
		<category><![CDATA[FOREIGN CURRENCY]]></category>
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		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IAS 16]]></category>
		<category><![CDATA[IAS 2]]></category>
		<category><![CDATA[IAS 21]]></category>
		<category><![CDATA[IAS 27]]></category>
		<category><![CDATA[IAS 28]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[INVESTMENTS]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[REPORT]]></category>
		<category><![CDATA[SEC]]></category>
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		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-where-can-i-find-pdf-copy-of-us-gaap-and-us-gaap-apb/</guid>
		<description><![CDATA[Do anyone know where I can download copy of US GAAP and US GAAP APB?


Thanks Dessanti for your answer
Our position is less than 1%, we bought in the active market Euro a
little position to speculate in market price.
The IAS 39 don&#8217;t include equity investment as applicable financial
asset to recognized the gain or loss in foreign exchange in the
current period income statement, as its explain as follows:
Available-for-sale financial assets (AFS)…. &#8230; Fair value changes on
AFS assets are recognised directly in equity, through the statement of
changes in equity, except for interest on ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/12/14/equity-investments-afs-is-a-non-monetary-items/' rel='bookmark' title='Permanent Link: Equity investments AFS is a non-monetary items?'>Equity investments AFS is a non-monetary items?</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/investment-decision/' rel='bookmark' title='Permanent Link: Investment decision'>Investment decision</a></li>
<li><a href='http://www.ifrslist.com/2008/12/14/loan-impairment/' rel='bookmark' title='Permanent Link: Loan Impairment'>Loan Impairment</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Impairment Goodwill</title>
		<link>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-impairment-goodwill/</link>
		<comments>http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-impairment-goodwill/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:19:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[DOWNLOAD]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 36]]></category>
		<category><![CDATA[INVESTMENTS]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SUBSIDIARY]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-impairment-goodwill/</guid>
		<description><![CDATA[Por favor podría alguien indicarme en donde puedo encontrar
información sobre metodologías para la medición del deterioro del
Goodwill. Sería Adecuado usar multiplos como base para su medición.
Please could someone tell me where can I find information on
methodologies for the measurement of impairment of Goodwill. Could i
use the methodology of multiples as a basis of measurement
Sincerely
Wilmar


Wilmar
You can send me a private note in Spanish if you like
That said as the Group is an English speaking one here is my view
(others might disagree)
1. Under IFRS the impairment testing is two fold
a) Th consolidation ...


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<li><a href='http://www.ifrslist.com/2009/02/05/impairment-for-mining-companies-ee-assets/' rel='bookmark' title='Permanent Link: Impairment for Mining Companies (E&amp;E assets)'>Impairment for Mining Companies (E&amp;E assets)</a></li>
<li><a href='http://www.ifrslist.com/2009/10/05/assessing-for-impairment-indicators-on-transition-date/' rel='bookmark' title='Permanent Link: Assessing for Impairment Indicators on Transition Date'>Assessing for Impairment Indicators on Transition Date</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>PLEASE GIVE ME AN IDEA HOW TO TREAT?</title>
		<link>http://www.ifrslist.com/2008/12/15/please-give-me-an-idea-how-to-treat/</link>
		<comments>http://www.ifrslist.com/2008/12/15/please-give-me-an-idea-how-to-treat/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:19:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[EXPENSES]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 2]]></category>
		<category><![CDATA[PPE]]></category>
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		<description><![CDATA[Hi all,
A non-profit organisation based in Virginia, USA was donated part of
real estate&#8217;s value.Currently the real estate is being adminstered by
an agent.I would appreciate if any one could hint me what both IFRS
and USGAAP recommends for treating such transaction.
Thank you
Aklilu


Hi,
When you say value, I assume a cash donation was made to buy the
property. Is the property been transferred in the name of this
organization. If it has, this means that risks and rewards of
ownership have been trasferred.
I would assume, IAS 20, Grant accounting rules will need to be followed.
The amount of ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-allowance-for-settlement-discount/' rel='bookmark' title='Permanent Link: Allowance for settlement discount.'>Allowance for settlement discount.</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/ifrs-1/' rel='bookmark' title='Permanent Link: IFRS-1'>IFRS-1</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-budget/' rel='bookmark' title='Permanent Link: Budget'>Budget</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Microsoft licence &#8230;.</title>
		<link>http://www.ifrslist.com/2008/12/15/microsoft-licence/</link>
		<comments>http://www.ifrslist.com/2008/12/15/microsoft-licence/#comments</comments>
		<pubDate>Sun, 14 Dec 2008 22:18:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IAS 38]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[TAX]]></category>
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		<guid isPermaLink="false">http://www.ifrsforsme.com/share/2008/12/fwd-ifrs-list-microsoft-licence/</guid>
		<description><![CDATA[Dear All ,
can anyone help me with an urgent answer on the below question :
- If we purchase software licences for office programs like (
Microsoft , power point etc ). and we renew the same every year
do we need to capitalize this cost or expense it ( Please note that
i&#8217;m not talking about operation or accounting software&#8217;s ) I&#8217;m talking
about licences like Microsoft ( office software&#8217;s).
regards
Tony


Hi Tony,
General software costs should be expensed as they do not meet IAS 38
recognition criteria.
regards,
Aida


The cost of software license is an expense recognized in the ...


Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-software-capitalization/' rel='bookmark' title='Permanent Link: Software capitalization'>Software capitalization</a></li>
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<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-cutt-off-period/' rel='bookmark' title='Permanent Link: Cutt off period'>Cutt off period</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FIN 48</title>
		<link>http://www.ifrslist.com/2008/08/28/fin-48-us-gaap/</link>
		<comments>http://www.ifrslist.com/2008/08/28/fin-48-us-gaap/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 15:10:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[OTHER GAAP]]></category>
		<category><![CDATA[FIN 48]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-fin-48/</guid>
		<description><![CDATA[
Hi there,
 
I am looking for any guidance, material or websites etc on FIN 48 under the US GAAPs. Can anyone provide the same?
 
Best regards,
 



Dear Qaiser,
N 48 gives specific guidance on reserves for uncertain tax reserves in terms of measurement and disclosure.  Changes in FIN 48 positions will ultimately affect the overall company effective tax rate.  For more details, see:
http://www.taxstream.net/company/fin48article.shtml
Russell





Related posts:Minority Interest



Related posts:<ol><li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-minority-interest/' rel='bookmark' title='Permanent Link: Minority Interest'>Minority Interest</a></li>
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		</item>
		<item>
		<title>IAS 16/40 on date of transition</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-ias-1640-on-date-of-transition/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-ias-1640-on-date-of-transition/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 14:44:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[EQUITY]]></category>
		<category><![CDATA[EVALUATION]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IAS 16]]></category>
		<category><![CDATA[IAS 38]]></category>
		<category><![CDATA[IAS 40]]></category>
		<category><![CDATA[INTANGIBLE ASSETS]]></category>
		<category><![CDATA[PPE]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-ias-1640-on-date-of-transition/</guid>
		<description><![CDATA[On the date of transition, a company could choose, as it´s deemed cost, historical cost if the previous gaap is not significantly different than IFRS or fair value for PPE, Intangibles and Investment property. I am not sure if I have it clear but under IAS 16, one can choose the deemed cost on a per-item basis on the date of transition.
Is the option at date of transition to use FV or historical cost on a per-item basis available for IAS 40 Investment Properties and IAS 38 Intangibles?
For measurement after recognition, all ...


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<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-allowance-for-settlement-discount/' rel='bookmark' title='Permanent Link: Allowance for settlement discount.'>Allowance for settlement discount.</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/ifrs-1/' rel='bookmark' title='Permanent Link: IFRS-1'>IFRS-1</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Cash/tax</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-cashtax/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-cashtax/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 14:39:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[AICPA]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CONSOLIDATION]]></category>
		<category><![CDATA[CPA]]></category>
		<category><![CDATA[DOWNLOAD]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[INVENTORY]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[TAX]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-cashtax/</guid>
		<description><![CDATA[Hi all!
Can you tell me the journal entry of this prblem&#8230;
Goods sold Rs.10000
Discount on cash payment 5% 
Add tax 4%
Plz journalize it!


Sales                    10.000 Credit
Sales discounts          500 Debit
Tax payable               380  Credit
Cash                      9.880 Debit




Is this IFRS related? Or is this an accounting course exercise?
Cagri Gurses wrote: 





Agree with the below. However, not sure if he means 4% tax on the 10k or
inclusive in the 10 k. If over and above, then theJEs could look like this
as shown below (broken down for easy understamding). I dont think if it is
inclusive in the 10k that ...


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<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-impairment-goodwill/' rel='bookmark' title='Permanent Link: Impairment Goodwill'>Impairment Goodwill</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFRS documentation/IAS/US GAAP</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-ifrs-documentationiasus-gaap/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-ifrs-documentationiasus-gaap/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 14:38:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[DISCLOSURE]]></category>
		<category><![CDATA[FASB]]></category>
		<category><![CDATA[FINANCIAL INSTRUMENTS]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 32]]></category>
		<category><![CDATA[IFRS 7]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[US GAAP]]></category>
		<category><![CDATA[WIKIPEDIA]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-ifrs-documentationiasus-gaap/</guid>
		<description><![CDATA[Henk willl provide the answer
 
Henk can you re-explain the whole story again i.e.
 
1. You mention we still have to use IAS until IFRS is more official, please restate the IAS link
2. Please re-state the IFRS link (is the one you sent for instance re FRS 38 in the other E-Mail)
3. Finally please send a link for the US GAAP/FASB, I want to have my library as opposed to relying on the PDF documents which outline differences between US GAAP, IFRS and local GAAP
 



Hello all,




I was wondering what the best ways ...


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<li><a href='http://www.ifrslist.com/2008/08/27/asset-held-for-resale/' rel='bookmark' title='Permanent Link: Asset held for resale'>Asset held for resale</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Software capitalization</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-software-capitalization/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-software-capitalization/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 14:37:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[BORROWING COSTS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[EVALUATION]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IAS 2]]></category>
		<category><![CDATA[IAS 23]]></category>
		<category><![CDATA[IAS 36]]></category>
		<category><![CDATA[IAS 38]]></category>
		<category><![CDATA[INTANGIBLE ASSETS]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[OVERHEAD]]></category>
		<category><![CDATA[PROJECT]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-software-capitalization/</guid>
		<description><![CDATA[Hello,
Does anyone know where the best place to find
information on capitalizing internal software
development under IFRS?  Any links?  Which IAS/IFRS
standard is this covered under?
Thanks in advance for the help!


You raise an interest topic David,  I would like to see the view of others

In the meantime page 56 of the differences between IFRS and US GAAP might help you as in the latter some software deveopment costs can be capitalised which would imply that under IFRS they are not but let us see what the others say


I am sending this to you ...


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		</item>
		<item>
		<title>Allowance for settlement discount.</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-allowance-for-settlement-discount/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-allowance-for-settlement-discount/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 09:18:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[CASH]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[EVALUATION]]></category>
		<category><![CDATA[FAIR VALUE]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[IAS]]></category>
		<category><![CDATA[IAS 1]]></category>
		<category><![CDATA[IAS 16]]></category>
		<category><![CDATA[IAS 37]]></category>
		<category><![CDATA[IAS 39]]></category>
		<category><![CDATA[IAS 40]]></category>
		<category><![CDATA[REPORT]]></category>
		<category><![CDATA[SHARE]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-allowance-for-settlement-discount/</guid>
		<description><![CDATA[Hi all
For those companies who offer settlement discount, should we have an account to record the probable allowance for settlement discount or we should net it off against the revenue?
Thank you in advance.
Regards,

Nyasha Marauka






I think one can have Provision for allowance account and as and when allowance is passed the same can be trasferred to Revenue account.
regards
piyush





My chart of account follows logic of gross sales and net revenue in P&#38;L.
In net revenue you report sales after all kinds of settlement discounts, bonuses, ect.
In B/S you should have provision account also, ...


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<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-ias-1640-on-date-of-transition/' rel='bookmark' title='Permanent Link: IAS 16/40 on date of transition'>IAS 16/40 on date of transition</a></li>
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</ol>]]></description>
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		</item>
		<item>
		<title>Training on IFRS</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-training-on-ifrs/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-training-on-ifrs/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 09:17:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[PPE]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-training-on-ifrs/</guid>
		<description><![CDATA[Dear all,
 
Iam Chartered Accountant based in india Hyderabad. I would like to learn about IFRS in detail. Can some one guide me where i could get training any where in India or Abroad.

Dayaniwas





Dear Diayaniwas,
 
So far no reputed institution offers a course on IFRS.  Although IFCAI, offers course on US GAAP, it also covers IFRS in brief.  If you happen to buy a book, you can refer, &#8220;Indian Accounting Standards&#8221; written by Prof. Asish Bhattacharya (Prof. IIM Cacutta) which speaks about IFRS, US GAAP, INIDAN GAAP, and differences between these three ...


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<li><a href='http://www.ifrslist.com/2008/08/28/re-ifrs-list-re-english-document-german-v-us-gaap/' rel='bookmark' title='Permanent Link: English document German v US GAAP'>English document German v US GAAP</a></li>
<li><a href='http://www.ifrslist.com/2008/12/15/fwd-ifrs-list-training-centre-for-ifrs-course-of-accai/' rel='bookmark' title='Permanent Link: Training centre for IFRS course of ACCAI?'>Training centre for IFRS course of ACCAI?</a></li>
</ol>]]></description>
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		</item>
		<item>
		<title>Differences between Spanish and GAAP/and German v US GAAP?</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-differences-between-spanish-and-gaapand-german-v-us-gaap/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-differences-between-spanish-and-gaapand-german-v-us-gaap/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 09:16:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-differences-between-spanish-and-gaapand-german-v-us-gaap/</guid>
		<description><![CDATA[Good point Rita but the first question would be
 
a) Do you want that in the context of a Spanish sub which has a mother US GAAP company in a multinational or
b) Have you realised that the comparison which really matters is IFRS v US GAAP?
 
I am telling you this because I tried PWC website  in the past and neither for Spanish or German GAAP you get anything. I would like to get the German version v US GAAP because nobody seems to have done an analysis from the German code ...


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<li><a href='http://www.ifrslist.com/2008/08/28/guide-us-gaap-v-ifrs-differences-from-pwceydtkpmg/' rel='bookmark' title='Permanent Link: Guide:US GAAP v IFRS differences (from PWC/EY/DT/KPMG)'>Guide:US GAAP v IFRS differences (from PWC/EY/DT/KPMG)</a></li>
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</ol>]]></description>
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		</item>
		<item>
		<title>English document German v US GAAP</title>
		<link>http://www.ifrslist.com/2008/08/28/re-ifrs-list-re-english-document-german-v-us-gaap/</link>
		<comments>http://www.ifrslist.com/2008/08/28/re-ifrs-list-re-english-document-german-v-us-gaap/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 09:16:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[IFRS]]></category>
		<category><![CDATA[AUDIT]]></category>
		<category><![CDATA[CIA]]></category>
		<category><![CDATA[GAAP]]></category>
		<category><![CDATA[LINK]]></category>
		<category><![CDATA[US GAAP]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-re-english-document-german-v-us-gaap/</guid>
		<description><![CDATA[Hi all (specially Bertold)
 
I have never seen an English written publication which documents the differences between German and US GAAP in English. As Bertold is in Austria I enclose this PWC link which gives us a publication in German on the topic (sellable via an Austrian website) but it is very recent i.e. 2006. This would confirm my impression that noody has published a decent guide in English highlighting the differences between German and US GAAP.  Am I right or wrong?
 



sorry the link
 
http://www.pwc.com/extweb/pwcpublications.nsf/docid/8795D3E69FDC2C97802571B5002E5120


Jorge,


You are right, You wonŽt find an &#8220;up ...


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		</item>
		<item>
		<title>Guide:US GAAP v IFRS differences (from PWC/EY/DT/KPMG)</title>
		<link>http://www.ifrslist.com/2008/08/28/guide-us-gaap-v-ifrs-differences-from-pwceydtkpmg/</link>
		<comments>http://www.ifrslist.com/2008/08/28/guide-us-gaap-v-ifrs-differences-from-pwceydtkpmg/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 09:14:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
				<category><![CDATA[LOCAL GAAP vs IFRS]]></category>
		<category><![CDATA[BIG 4]]></category>
		<category><![CDATA[US GAAP]]></category>
		<category><![CDATA[US GAAP vs IFRS]]></category>

		<guid isPermaLink="false">http://ifrslist.wordpress.com/2008/08/28/re-ifrs-list-guideus-gaap-v-ifrs-differences-from-pwceydtkpmg/</guid>
		<description><![CDATA[Hello all,
 
Does anybody have a PDF guide highlighting the differences between US GAAP and IFRS. These guides have always existed free of charge, I am just wondering if now with the introduction of IFRS anyone has a final format?
 
Thanks in advance
 
 
Regards
 


 
Jorge
 
 





Hi Jorge
Welcome to IFRS List.

I found a useful guide in iasplus.com

Download the pdf.
Regards
Simone

 


I found an useful guide in iasplus.com



Thanks Simone its realy very useful and like one i wanted.


Regards
Asad


Jorge,
The PwC publication Similarities and Differences &#8211; A comparison of IFRS and US GAAP (October 2007) is a great reference &#8211; click on the ...


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		<title>Please guide on this</title>
		<link>http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-please-guide-on-this-2/</link>
		<comments>http://www.ifrslist.com/2008/08/27/fwd-ifrs-list-please-guide-on-this-2/#comments</comments>
		<pubDate>Wed, 27 Aug 2008 20:52:00 +0000</pubDate>
		<dc:creator>ifrslist</dc:creator>
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		<description><![CDATA[Hi all!
I am a young chartered accountant from India presently working in a reputed engineering company at Baroda, India. In the long run I plan to start a consulting firm focused on IFRS implementation and compliance. In the medium term I plan to get an international exposure particularly in South East Asian countries like Singapore, Malaysia etc. As Indian CA is not recognized as such in those countries I plan to take up international qualifications like ACCA or Singapore CPA although I still have to inquire whether it is possible to ...


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