Video by SSK Advisory
Website : www.sskadvisory.com
Check out our knowledge page on
http://www.siddharthkadakia.co...
Subscribe to us YouTube on
https://www.youtube.com/channe...
Like us on Facebook at
https://www.facebook.com/SSKAd...
Follow us on Twitter at
https://twitter.com/AdvisorySs...
Read our blogs on
http://sskadvisory.blogspot.co...
Contact us on +91 9987903701
Email us on
[email protected]
You are watching US Gaap Versus IFRS - Elements on
https://youtu.be/EdCSyQu_Puc
FASB contains ten elements of financial statements: assets, liabilities, equity, investments by owners, distributions to owners, comprehensive income, revenues, expenses, gains, and losses. The IASB Framework contains only five elements: assets, liabilities, equity, income, and expense. With US GAAP, the term “income†is not a financial statement element. In US GAAP, the term income is used to describe a calculation of some type or to designate a specific type of income such as int...
Originally collected by
fetching...
(
less)