Intellicast.com: The Authority in Expert Weather Peoria, Arizona weather conditions and forecast (85382). Today's Peoria, Arizona weather report: current observations, hourly forecast, 10-day forecast calendar and chart. Intellicast.com The Authority in Expert Weather Weather Emails Alerts Hurricanes Help
The major conceptual difference between US GAAP and IFRS; is that US GAAP is rules based and IFRS is principles based. This means that IFRS will not include the detail that the United States is used to in providing guidelines.
â¢ 2015 â Required use of IFRS (Kieso, et al, 2011). The Boards of Directors from FASB and the IASB, as they work together on the most significant differences between US GAAP and IFRS have intimated the nine most significant differences as listed below: (Ernst and Young, 2011).