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 creator of the AccountingCoach Pro which has been praised for its ability to simplify accounting in a way that anybody can understand.

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