US GAAP vs IFRS End Balance Sheet Figure


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Looking for a tiny bit of help on a topic I have never studied.

I have to write a report on the topic on Accounting Standards, mainly between IFRS and US-GAAP. I can't seem to find a solid answer for what may be a very simple question.

If a company reported their financial statements both under IFRS and US - GAAP for a given year, would the end figure in the balance sheets be different or the same.

If anyone can help, I would be most thankful.
 
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bklynboy

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