Welcome to the Dual GAAP Website: An Innovative Approach to Financial Reporting
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Very likely the first and the only one of its type, this Website is centered into the new concept of Dual Reporting. Several websites exist on financial reporting, either IFRSs (International Financial Reporting Standards) and U.S. GAAP conceived as a single set of standards. Viceversa, Dual GAAP is a Website devoted to IFRSs/U.S. GAAP Dual Reporting. Although it may assist you in IFRSs or U.S. GAAP stand alone, it focuses in the specialized niche of comparing and contrasting the two bodies of standards to find practical solutions to implementation issues and suggest planning points on how the pertinent standards inform the resolution of issues that practitioners and corporate staff are likely to encounter.
Dual GAAP develops research on accounting standards, analyzes implementation, spots inconsistencies across standards, identifies jurisdictional variations, develops exercises and case studies, investigate enforcement decisions, and in general capitalizes from the experience gained in IFRS migrations and transitions in several jurisdictions worldwide.
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