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US GAAP are the Generally Accepted Accounting Principles used by companies based in the USA or listed at Wall Street. US GAAP comprises a massive volume of standards, interpretations, opinions and bulletins and are developed by the FASB (Financial Accounting Standards Board), the accounting profession (AICPA) and the SEC (Securities and Exchange Commission).

US GAAP is a combination of authoritative standards by policy organizations and the accepted ways of doing accounting.

US GAAP SEC FASBUS GAAP standards are certainly equivalent to IAS. However, they are developed without any input from outside the US. US GAAP is very detailed, reflecting the litigious environment in the US which calls for more and more detailed regulation. US GAAP cannot be detached from regulatory intervention by the SEC.

Book: Wiley - GAAP 2004

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US GAAP Special Interest Group.

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Forum about the US GAAP.

Differences Between US GAAP & IFRS
If you are allowed to give only 5 major differences between US GAAP & IFRS, what would they be? (...)
US GAAP and the Financial Crisis
What was the role of US GAAP to check over the failing in the financial system? (...)
Market value differing significantly from book values
What items will most likely have market value that differ significantly from the book values reported?
What princip (...)
Comprehension of US GAAP
I want to understand how to use the US GAAP in the oil and gas domain. (...)
🔥 NEW US-GAAP Costs versus Capitalization
Hello, I need a US-GAAP Accounting advise for following business cases:
1. A new stairs for a production building. (...)
Exchange Ratio Statement
Which SEC filings must I search if I want see the exchange ratio statement??
Exchange ratio statement = the stateme (...)


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Various sources of information regarding the US GAAP. Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops.

Dealing with Complexity / Transparency in Financial Information

Corporate Transparency, Financial Complexity, Information Complexity, Information Transparancy
This presentation is about information transparency, and includes the following sections: 1. Introduction: an experimen (...)

USGAAP versus IFRS on Intangibles Accounting

Intangible Assets, Accounting, USGAAP, IFRS
This presentation compares USGAAP and IFRS, and includes the following sections: 1. Presentation Overview 2. Executive (...)

Choosing for IFRS or US GAAP

Accounting regime differences
Due to the increased competition on capital markets and given the global importance of US markets, IFRS and US GAAP are (...)


IAS, US GAAP, Accounting Quali
Mary E. Barth a.o. compare measures of accounting quality for firms applying IAS with US firms to investigate whether IA (...)

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