Questions about the IFRS & GAAP poster

What’s on the IFRS & GAAP poster?

IFRS against US GAAP, side by side. IFRS: Principles-based; IFRS: Used in 140+ countries; IFRS: Revaluation of assets permitted; IFRS: LIFO prohibited; IFRS: Development costs may be capitalised; US GAAP: Rules-based, far more detailed; US GAAP: United States; US GAAP: Historical cost dominates; US GAAP: LIFO permitted; US GAAP: Development costs mostly expensed; Principles require judgement and can be argued; rules can be followed to the letter w…. Educational reference. Convergence has narrowed the gap but material differences remain, especially in leases and revenue.

Who is the IFRS & GAAP poster for?

IFRS & GAAP belongs to the Accounting & Finance section rather than to a school year, because business is not something one grade owns. Anyone learning financial accounting can pin it up — a beginner, a student mid-course, or someone revising years later.

When should you use the IFRS & GAAP poster?

IFRS is principles-based. US GAAP is rules-based. That difference has real consequences. A wall chart earns its place by being glanceable from where the work is happening, so IFRS & GAAP belongs on the wall where that business work actually happens, within glancing distance, rather than filed away.

What other posters go with IFRS & GAAP?

Accruals & Matching, Reading a Balance Sheet and Group Accounts sit alongside IFRS & GAAP in the Accounting & Finance section. Printed together they make a wall rather than a single sheet, which is how a reference set actually gets used.Accruals & MatchingReading a Balance SheetGroup Accounts

Is the IFRS & GAAP poster free to download and print?

Yes. IFRS & GAAP downloads as a free PDF with no account, no email and no watermark, like everything else in the Accounting & Finance section. Print as many copies as you like for a home, a classroom, a library or a tutoring group; reselling the file is the only thing the licence rules out.Read the licence

What size does the IFRS & GAAP poster print at?

IFRS & GAAP is a vector PDF laid out for US Letter, and prints on A4 with Fit to page — the same file, no separate download. Because every mark on it is drawn rather than photographed, it stays sharp enlarged to A3, A2 or A1 at a copy shop. Colour carries emphasis only, so a greyscale print of IFRS & GAAP loses nothing.Printing guide