U.S. GAAP, Codification of Accounting Standards, ASC - Accounting Standards Codification by FASB

U.S. GAAP Codification of Accounting Standards

U.S. GAAP-Codification

IFRS International Standards

Accounting Standards, ASC

U.S. GAAP Codification of Accounting Standards
Codification Topic 105: Generally Accepted Accounting Principles

U.S. GAAP Codification, Accounting Standards ASC,

IFRS Overview, IFRS, IAS by Topic, IFRS Dictionary

U.S. GAAP by Topic, Accounting by Topic, Securities Law Library

Codification Topic 105
Generally Accepted Accounting Principles

GAAP Hierarchy

   Statement of Financial Accounting Standards No. 168, June 2009
   "The FASB Accounting Standards Codification and the Hierarchy of GAAP"

   Two levels of U.S. GAAP
   Level 1: authoritative GAAP: Codification
   Level 2: nonauthoritative GAAP: Others

Sources of U.S. GAAP
   Nonpublic Entities
   --> "Codification" is the single source of authoritative U.S. GAAP

   SEC Registrants
   Both (a) and (b) are the sources of authoritative U.S. GAAP
   (a) "Codification"
   (b) SEC Rules

   Effective for periods ending after September 15, 2009

International Financial Reporting Standards (IFRS)

   International Financial Reporting Standards (IFRS) and
   International Accounting Standards (IAS) are
   the sources of international accounting standards.