英语论文网

GAAP stands for generally accepted Accounting principles, and is used by accountants as a framework of guidelines to help them prepare financial statements, records transactions, and summarize annual reports. Every country has their own set of generally accepted accounting principles. But, in this report we will be comparing the U.S.GAAP, which is, as the name states, used in the United States to provide their accountants with set of accounting principles. Because of the economical growth experienced by the U.S. in the last century, many U.S based companies have expanded their activities overseas, so the influence of the U.S GAAP has spread to many other countries than just the U.S.

2.2.1 美国No.142——2.2.1 SFAS No.142

In the U.S GAAP, set by the financial accounting standards board (FASB), statement number 142 includes the guidelines that concern goodwill, and other intangible assets. It was a replacement for the former Accounting Policies Board (APB) Opinion no. 17 Intangible Assets, and changed many accounting policies concerning intangible assets, especially goodwill.

2.3 国际财务报告准则——2.3 IFRS

The international financial reporting standards (IFRS) are a set of accounting principles set by the international accounting standards board (IASB). The IFRS were develop in order to have a globally accepted accounting standard, which could be used commonly as an accounting language across the globe. Already 117 countries permit the use of IFRS by their domestic companies, and many economically significant countries, like Canada and India, are on their way in adopting IFRS in the next couple of years.

2.3.1 国际会计准则第38号——2.3.1 IAS 38

In the international financial reporting standards, sections 38 of the international accounting standards (IAS 38) define how intangible assets are to be accounted for when using the IFRS.

IAS 38 contain all the information for intangible assets that are not found in other standards. It contains criteria on how to identify intangible assets, and how to identify internally generated assets from normal intangible assets. It also describes how to measure the useful life of the asset, and if to account for infinite(impairment) or definite(amortizing) useful life times of assets. Also, IAS 36 Impairment of Assets, is used when assets are not amortized but assessed for impairment.

3. 一般会计公认原则和国际财务报告准则的不同之处——3. Differences with GAAP & IFRS

The IFRS and U.S GAAP have some major differences in their accounting principles, but both International Accounting Standards Board and Financial Accounting Standards Board are seeking ways of converging the two different accounting standards.

The U.S. GAAP will probably have to make way for the IFRS in the near future, as in essence, the international financial reporting standards are designed to be much broader, and allow for a lot more interpretation, and in some ways are designed, in structure, against the U.S. GAAP.

A lot of effort has already been made in order to steer the whole of the world towards a common accounting standard, which could be shared and understood by all. Many of the developing countries are eager to 本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。