Definition of a business, being acquired by an IFRS company, and income statement presentation (IFRS - US GAAP top differences).
Insight New definition of a business: IFRS compared to US GAAP The new IFRS definition of a business could change when a transaction is an acquisition of assets or a business combination.
Insight Acquired by an IFRS company – more than a GAAP conversion Financial reporting implications for a US GAAP preparer acquired by an IFRS company.
Insight Income statement presentation: IFRS compared to US GAAP The IFRS income statement follows certain formatting requirements and options different from US GAAP.