Is AccountingCoach.com based on GAAP or IFRS?
The materials presented on AccountingCoach.com are based on U.S. GAAP.
Since the accounting materials on AccountingCoach.com are generally introductory concepts, the differences between U.S. GAAP and IFRS at this level are minimal. The differences become wider in more advanced accounting topics, which are not presented on AccountingCoach.com.
About the Author: Harold Averkamp (CPA) has worked as an accountant, consultant, and university accounting instructor for more than 25 years.He is the author of the 2010 Master Accounting Download Package which has been praised for it's ability to simplify accounting in a way that anybody can understand.
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Nazeer
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I am trying to find something that tells the difference between a Compilation, Review and
an Audit.
Can you guide me to a source?
Thank you