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EisnerAmper Cayman | Accounting Evolution for Investment Companies Cayman

EisnerAmper Global

Publications

1.1.2012

Accounting Evolution for Investment Companies

Although there has been significant progress since the Memorandum of Understanding (MoU) was developed between the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) in 2002, there are still differences between International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (US GAAP) [Accounting Standards Codifications (ASC)].


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