Describe the potential statement of cash flows classification differences between U.S. GAAP and IFRS.

Question:

Describe the potential statement of cash flows classification differences between U.S. and IFRS.

GAAP
Generally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the...