Accounting Research

Website for the multiple Canadian accounting and auditing standards boards.

Establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations that follow Generally Accepted Accounting Principles (GAAP). The FASB is recognized by the U.S. Securities and Exchange Commission as the designated accounting standard setter for public companies.

International Financial Reporting Standards (IFRS) was established to develop a single set of high-quality, understandable, enforceable, and globally accepted accounting standards. To view the standards, you must create a free account with their website.

Deloitte publishes several guides to interpreting International Financial Reporting Standards (IFRS), including their IFRS in Your Pocket series, which provides a comprehensive summary to the current IFRS.