The ordering of the financial statements are similar under U.S. GAAP and IFRS, assets are listed based upon liquidity, current and then long term.

Name: The ordering of the financial statements are similar under U.S. GAAP and IFRS, assets are listed based upon liquidity, current and then long term.
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Under U.S. GAAP, assets are typically listed in order of liquidity, starting with current assets. Under IFRS, the order can vary, but often non-current assets are listed first.

The Ordering of the Financial Statements Are Similar Under U