International

Issued by the International Accounting Standards Board in July 2009, IFRS for Small and Medium-sized Entities is a self-contained standard tailored for the needs and capabilities of smaller businesses. Many of the principles in full IFRSs for recognizing and measuring assets, liabilities, income and expenses have been simplified, topics not relevant to SMEs have been omitted, and the number of required disclosures has been significantly reduced.

Due to increased interest among Checkpoint subscribers for IASB materials, Thomson Reuters has released the Standards and Interpretations from the International Accounting Standards Board (IASB) with Checkpoint's unique functionality and integration.

Note: The IASB content on Checkpoint can only be purchased as an add-on to any other Financial Reporting & Management product or package.

IFAC Professional Standards on Checkpoint includes International Standards on Auditing, Quality Control, Review, Other Assurance and Related Services, Ethics, Education, and more.

Note: The IFAC content on Checkpoint can only be purchased as an add-on to any other Accounting & Auditing product or library.

IASB standards for Small and Medium Enterprises (SMEs) contains IFRS for SMEs Primary Source Database. The IFRS for SMEs are a recently issued set of standards that non-public companies can choose to utilize. IASB Standards for SMEs is the first internationally recognized set of accounting standards designed specifically for SMEs. IASB Standards for SMEs is built on IFRS foundations but is a separate, standalone product that sits side-by-side with the full set of IFRS standards. IASB standards for SMEs is a separate add-on product and not included in the existing International Accounting Standards on Checkpoint (WIASB) database of IASB standards. IASB standards for SMEs contains the Standard, Basis for Conclusions and Illustrative Financial Statements Presentation and Disclosure Checklist as approved by the IASB.

IFAC Professional Standards on Checkpoint for Academics includes International Standards on Auditing, Quality Control, Review, Other Assurance and Related Services, Ethics, Education, and more.

Note: The IFAC content on Checkpoint can only be purchased by an academic institution and as an add-on to any other Accounting & Auditing product or library.

U.S. GAAP and IFRS: A Comparative Analysis provides, on a topic-by-topic basis, a comparative analysis of the principal recognition and measurement requirements of U.S. Generally Accepted Accounting Principles (GAAP) and the International Financial Reporting Standards (IFRS). It serves as a quick-reference guide that enables readers to quickly identify the main similarities and differences between U.S. GAAP and IFRS.

Issued by the International Accounting Standards Board in July 2009, IFRS for Small and Medium-sized Entities is a self-contained standard tailored for the needs and capabilities of smaller businesses. Many of the principles in full IFRSs for recognizing and measuring assets, liabilities, income and expenses have been simplified, topics not relevant to SMEs have been omitted, and the number of required disclosures has been significantly reduced.