UK GAAP and IFRS differences in terminology

A reader asked for an on-line source regarding the differences in terminology between UK GAAP and IFRS.

There is an extensive amount of information regarding IFRS on our on-line resource www.ifrs.co.uk which just requires free registration to access. Two documents are particularly worth looking at in connection with this question:

• Similarities and Differences. A comparison of IFRS, US GAAP and US GAAP (Aug 05)
• PwC Inform - IFRS/UK main differences indicator (June 05)

For readers' convenience, I have attached both of them to this posting. However, I do recommend looking at the site itself given the extensive amount of material there.

Mohammed Amin