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Comparing Ifrs to Gaap Comparing IFRS to GAAPMark ZiebellAAC/29111/24/2014Lori Haines Comparing IFRS to GAAPThe International Financial Reporting Standards that are developed by the International Accounting Standards Board have many similarities to the Generally Accepted Accounting Principles that have been developed by the US based Financial Accounting Standards Board. And while there are differences, they are.