Up-to-date information and background knowledge can help support and grow your business internationally. On this page you can access a range of articles, books and online resources providing quick links to information such as accounting standards, GAAP comparisons and background knowledge.
See also our separate pages on legacy US accounting standards.
Useful links
Accounting standards
Local accounting standards are developed and set by:
Accounting Standards Updates by Jurisdiction: United States of America
Updates from Deloitte's IAS Plus service.
Accountancy and auditing bodies
Individual states
The AICPA provides a comprehensive directory of state CPA links.
Two of the largest state societies are:
Comparisons
IFRS and US GAAP: Similarities and differences
Updated version of PwC's detailed guide, published in October 2011.
Similarities and Differences: A comparison of IFRS, US GAAP and JP GAAP 2010
PwC guide published in December 2010.
IFRS compared to US GAAP: An overview
Guide published by KPMG in September 2010.
US GAAP vs. IFRS: the basics, March 2010
Latest edition of the comparison guide from Ernst & Young.
IFRS compared to US GAAP: An overview
Publication by KPMG from August 2009 summarising significant differences.
IFRS, US GAAP and Mexican FRS: similarities and differences (PDF 272.06kb/10 pages)
Summary published by PwC in 2009.
Similarities and Differences: A comparison of IFRS, US GAAP and JP GAAP (PDF 1.13mb/120 pages)
Detailed guide published by PwC in 2009.
Analogie e Differenze: IFRS, US GAAP e Principi Italiani
Guide published by PwC in 2008 to similarities and differences between IFRS, US GAAP and Italian accounting standards. This publication is only available in Italian.
A comparison of IFRS, US GAAP and Belgian GAAP
Report published by PwC in August 2006. A PDF is available to download after registration.
Adoption of IFRS
The Financial Accounting Standards Board (FASB) and IASB issued a joint announcement IASB and FASB update to G20 Leaders on modified convergence strategy on 24 June 2010, confirming their commitment to the convergence of US GAAP and IFRS.
The US Securities and Exchange Commission (SEC) issued a Roadmap for the Potential Use of Financial Statements Prepared in Accordance with International Financial Reporting Standards by U.S. Issuers (PDF 406.7kb/165 pages) on 14 November 2008.
Useful sources of information
Online articles
The library provides access to a range of articles in full text from leading business, finance and management journals.
You will need to be logged-in to the website to gain full access to the range of articles available online.
Articles and books in the Library collection
Selected books
Each selected book features specific accounting information on this country – click on the links for more details. Alternatively, contact us if you have a particular enquiry or need further help consulting these titles.
International Corporate Procedures
LS Sealy et al (eds.)
A regularly updated looseleaf publication in three volumes, this reference work includes information on tax and accounting and features model company accounts. The model accounts are presented in the standard format for each country with original language and English language versions presented together.
World Accounting
John D Gould, Kurt S Schulzke and LL Orsini
Each country entry contains sections on the framework of accounting (including the regulatory and standard setting regimes), individual accounting topics, auditing and appendices which can include commonly used terms and acronyms and example financial statements. This is a regularly updated looseleaf reference work comprised of three volumes.
Find more resources
To find out how you can borrow books from the Library please see our guide to book loans.
You can obtain copies of articles or extracts of books and reports by post, fax or email through our document delivery service.
Can't find what you're looking for?
If you have any difficulty in finding the material you are looking for please contact the enquiry team by phone on +44 (0)20 7920 8620, by fax on +44 (0)20 7920 8621 or by email at library@icaew.com.
The ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided 'as is' with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.