Reveal Technologies: A Case Of Key Differences Between U.S. GAAP & IFRS And The Impact On Financial Performance Evaluation

ASU Author/Contributor (non-ASU co-authors, if there are any, appear on document)
Dr.. Ken S. Brackney, Professor (Creator)
Institution
Appalachian State University (ASU )
Web Site: https://library.appstate.edu/

Abstract: This case gives students the opportunity to apply their knowledge of the differences between U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) by making a series of adjustments to a company's U.S. GAAP basis account balances to reflect IFRS. Students then construct IFRS-based financial statements and compare financial performance measures for the company. Finally, students consider the effects of the different standards as a means of evaluating which gives more insight into the company's financial condition.

Additional Information

Publication
Stallworth, Lynn and Brackney, Kennard S. (2021). "Reveal Technologies: A Case Of Key Differences Between U.S. GAAP & IFRS And The Impact On Financial Performance Evaluation," Southeast Case Research Journal. Vol. 18 (Summer) No. 1: 1-16. NC Docks permission to re-print granted by author(s). Publisher version of record available at: https://secrj-ojs-shsu.tdl.org/secrj/article/view/626
Language: English
Date: 2024
Keywords
U.S. Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), accounting, financial statements

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