C01 · Lesson 24 of 27 · 13 min · 5 hands-on tasks
IFRS vs US GAAP
Most of the world reports under IFRS; US companies use US GAAP. They agree on far more than they differ, but the differences land right on the numbers analysts love: EBITDA and operating cash flow. Run Larkfield through both rulebooks and translate a European rival onto the same basis.
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