the management of inventory expense.

While IFRS forbids it, GAAP permits the last-in/first-out

inventory cost approach. Methods used to manage development expenditures. The costs associated
with developing software or other intellectual property are treated as expenses under GAAP, but under
IFRS, these costs are viewed as capital investments that must be expensed and amortized over time. The
management of write-downs. IFRS permits write-downs to be reversed if inventory or asset values
change, in contrast to GAAP, which prohibits such actions. handling of fixed assets While fixed assets,
such as real estate, buildings, and equipment, are recorded and reported under GAAP at historical cost,
fair market value accounting under IFRS allows organizations to make adjustments to fixed assets.
the management of inventory expense. While IFRS forbids it, GAAP permits the last-in/first-out
inventory cost approach. Methods used to manage development expenditures. The costs associated
with developing software or other intellectual property are treated as expenses under GAAP, but under
IFRS, these costs are viewed as capital investments that must be expensed and amortized over time. The
management of write-downs. IFRS permits write-downs to be reversed if inventory or asset values
change, in contrast to GAAP, which prohibits such actions. handling of fixed assets While fixed assets,
such as real estate, buildings, and equipment, are recorded and reported under GAAP at historical cost,
fair market value accounting under IFRS allows organizations to make adjustments to fixed assets.

the management of inventory expense. While IFRS forbids it, GAAP permits the last-in/first-out
inventory cost approach. Methods used to manage development expenditures. The costs associated
with developing software or other intellectual property are treated as expenses under GAAP, but under
IFRS, these costs are viewed as capital investments that must be expensed and amortized over time. The
management of write-downs. IFRS permits write-downs to be reversed if inventory or asset values
change, in contrast to GAAP, which prohibits such actions. handling of fixed assets While fixed assets,
such as real estate, buildings, and equipment, are recorded and reported under GAAP at historical cost,
fair market value accounting under IFRS allows organizations to make adjustments to fixed assets.

the management of inventory expense. While IFRS forbids it, GAAP permits the last-in/first-out
inventory cost approach. Methods used to manage development expenditures. The costs associated
with developing software or other intellectual property are treated as expenses under GAAP, but under
IFRS, these costs are viewed as capital investments that must be expensed and amortized over time. The
management of write-downs. IFRS permits write-downs to be reversed if inventory or asset values
change, in contrast to GAAP, which prohibits such actions. handling of fixed assets While fixed assets,
such as real estate, buildings, and equipment, are recorded and reported under GAAP at historical cost,
fair market value accounting under IFRS allows organizations to make adjustments to fixed assets.