Business Commons^™

Gaap And Ifrs Convergence: The Effect On Lease Accounting, Ellen E. Bailey

Honors Theses

The research performed in this study has two main objectives. The first objective relates to lease accounting and the way accounting for leases differs between Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). The second objective relates to how companies will be affected by the convergence of GAAP and IFRS.