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Bookkeeping Concepts

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Is AccountingCoach.com based on GAAP or IFRS?

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.