How does IAS 34 (Interim Financial Reporting) differ from U.S.GAAP?

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The main difference between IAS 34 and U.S. GAAP is that U.S. GAAP treats interim periods as an integral part of the full year, while IAS 34 allows for greater flexibility in the presentation of interim financial information. U.S. GAAP requires that an interim period be projected pro rata for the entire year, while IAS 34 permits the use of varying accounting policies between interim periods and the year-end. U.S. GAAP also includes specific requirements for disclosures related to significant events and transactions during the interim period.

How Does IAS 34 (Interim Financial Reporting) Differ from U