Cross-jurisdiction comparison command | LocalGAAP

GRP: Northstar Holdings — Group — Group reporting — Approved group policy

US01: Northstar US Inc. — United States — Nongovernmental reporting — U.S. GAAP route

UK01: Northstar UK Ltd — United Kingdom — Private company accounts — UK GAAP route

US02: Northstar Markets Corp. — United States — Illustrative registrant perimeter — U.S. GAAP + SEC overlay route

UK02: Northstar Services Ltd — United Kingdom — Small-company perimeter review — Company law + UK GAAP route

CA01: Northstar Canada Ltd. — Canada — Private enterprise reporting — ASPE route under review

CA02: Northstar Canada Markets Inc. — Canada — Illustrative reporting issuer perimeter — IFRS + CSA overlay route

AU01: Northstar Australia Pty Ltd — Australia — Private for-profit reporting — Tier 2 Simplified Disclosures route

AU02: Northstar Australia Markets Ltd — Australia — Illustrative listed-entity perimeter — Tier 1 + ASIC / ASX overlays

ACQ01: Project Rowan — Cross-border — Acquisition workstream — Fact-specific comparison

United States: FASB — Authoritative nongovernmental U.S. GAAP route — https://fasb.org/standards

United States: ASC — Codification research and effective-date route — https://asc.fasb.org/

United States: SEC — Registrant reporting and filing overlay route — https://www.sec.gov/about/divisions-offices/division-corporation-finance/financial-reporting-manual

United Kingdom: FRC — UK Accounting Standards and FRS 100–105 route — https://www.frc.org.uk/library/standards-codes-policy/accounting-and-reporting/uk-accounting-standards/

United Kingdom: FRS 102 — FRS 102 source and amendment route — https://www.frc.org.uk/library/standards-codes-policy/accounting-and-reporting/uk-accounting-standards/frs-102/

United Kingdom: Companies House — Company accounts and filing service route — https://www.gov.uk/annual-accounts

United Kingdom: UKEB — UK-adopted international accounting standards route — https://www.endorsement-board.uk/uk-adopted-international-accounting-standards

United Kingdom: FCA — Market and listed-company reporting perimeter route — https://www.fca.org.uk/firms/listing-rules

Canada: AcSB — Private-sector accounting standard-setting and Canadian Handbook route — https://www.frascanada.ca/en

Canada: IFRS — Publicly accountable enterprise framework route — https://www.ifrs.org/use-around-the-world/use-of-ifrs-standards-by-jurisdiction/view-jurisdiction/canada/

Canada: PSAB — Canadian public-sector accounting standards route — https://www.frascanada.ca/en/psab

Canada: CSA / SEDAR+ — Reporting-issuer continuous disclosure and filing route — https://systems.securities-administrators.ca/onlinehelp/faqs/continuous-disclosure/

Canada: Corporations Canada — Federal corporate financial-statement and records route — https://ised-isde.canada.ca/site/corporations-canada/en/business-corporations/corporate-records-and-other-corporate-obligations

Australia: AASB — Australian accounting and sustainability standards route — https://standards.aasb.gov.au/

Australia: Corporations Act — Statutory financial and sustainability reporting perimeter — https://www.legislation.gov.au/C2004A00818/latest/text

Australia: ASIC — Corporate financial-reporting, audit, and lodgement route — https://www.asic.gov.au/regulatory-resources/financial-reporting-and-audit/preparers-of-financial-reports/lodgement-of-financial-reports/

Australia: ASX — Listed periodic and continuous-disclosure route — https://www.asx.com.au/about/regulation/rules-guidance-notes-and-waivers

Australia: ACNC — Registered-charity annual reporting route — https://www.acnc.gov.au/for-charities/manage-your-charity/obligations-acnc/reporting-annually-acnc

Australia: APRA — Prudential and regulatory reporting route — https://www.apra.gov.au/banking/Prudential-and-reporting-standards

Frame: Define the entity, reporting purpose, period, transaction, and decision question before opening a comparison. Retained: Entity, jurisdiction, framework route, reporting purpose, period, facts, requester, and review owner.

Source: Route each side of the question to the current official authority and preserve source status separately. Retained: Authority, source URL, version or issue date, effective period, access date, status, and supersession note.

Compare: Structure the decision areas without flattening unlike frameworks into a one-line equivalence. Retained: Topic, local route, decision points, non-equivalences, open facts, and comparison rationale.

Evidence: Link contracts, ledgers, policies, calculations, disclosures, and prior decisions to the relevant side of the comparison. Retained: Evidence item, source system, custodian, period, version, relationship, limitation, and reviewer challenge.

Decide: Hold the local position and the cross-border interpretation for qualified human review. Retained: Proposed local position, alternatives, source support, uncertainty, reviewer, approval scope, and decision date.

Map: Relate an accepted local position to the approved group policy and reporting package without overwriting either record. Retained: Local position, group policy version, mapping type, proposed adjustment, owner, reviewer, and effective period.

Disclose: Coordinate local and group disclosure work from the accepted facts and approved reporting basis. Retained: Disclosure perimeter, checklist source, local requirement, group requirement, evidence, preparer, and sign-off.

Monitor: Reopen affected comparisons when an official source, entity fact, policy, or reporting purpose changes. Retained: Change source, affected records, assessment owner, decision, supersession link, next review, and publication state.

CMP-REV-026: US01 ↔ UK01; Revenue; U.S. route: U.S. GAAP revenue topic; UK route: FRS 102 revenue route; Canada route: Not in selected perimeter; Australia route: Not in selected perimeter; question: Which contract facts and transition choices require separate local decisions before group mapping?; next: Validate entity facts, period, current source versions, and transition decisions separately before proposing the group mapping.

CMP-LES-014: US01 ↔ UK01; Leases; U.S. route: U.S. GAAP leases topic; UK route: FRS 102 leases route; Canada route: Not in selected perimeter; Australia route: Not in selected perimeter; question: Which population, term, payment, rate, transition, and disclosure records must be revalidated?; next: Confirm the UK entity transition perimeter and retain the U.S. and UK source records as separate evidence objects.

CMP-FI-009: US02 ↔ UK02; Financial instruments; U.S. route: U.S. GAAP instruments topics; UK route: FRS 102 instruments route; Canada route: Not in selected perimeter; Australia route: Not in selected perimeter; question: How do instrument classification, impairment evidence, and election context affect the group package?; next: Complete the instrument and election inventory before comparing measurement or impairment outputs.

CMP-BC-006: ACQ01; Business combinations; U.S. route: U.S. GAAP combinations topic; UK route: FRS 102 combinations route; Canada route: Not in selected perimeter; Australia route: Not in selected perimeter; question: Which acquisition-date facts and measurement decisions remain framework-specific?; next: Resolve the transaction perimeter and acquisition-date evidence before any local or group conclusion is approved.

CMP-GRP-011: GRP / US02 / UK02; Consolidation; U.S. route: U.S. GAAP consolidation route; UK route: FRS 102 group accounts route; Canada route: Not in selected perimeter; Australia route: Not in selected perimeter; question: Which reporting purpose, entity status, rights, and effective dates control each perimeter decision?; next: Fix the reporting purpose and effective-dated relationship facts before selecting a framework route.

CMP-FIL-021: US02 ↔ UK01; Presentation and filing; U.S. route: SEC overlay route; UK route: Companies House + UK GAAP route; Canada route: Not in selected perimeter; Australia route: Not in selected perimeter; question: Which entity-specific statements, notes, formats, validations, and approvals belong in each filing perimeter?; next: Confirm entity status and filing purpose; do not reuse one jurisdiction checklist as the other jurisdiction conclusion.

CMP-MAP-018: US01 ↔ UK01; Local-to-group mapping; U.S. route: Accepted US position pending; UK route: Accepted UK position pending; Canada route: Not in selected perimeter; Australia route: Not in selected perimeter; question: Which accepted local positions require a mapping, reclassification, adjustment proposal, or disclosure bridge?; next: Wait for approved local positions; a comparison record cannot substitute for either local accounting conclusion.

CMP-MON-004: UK01; FRS 102 transition watch; U.S. route: No automatic US impact; UK route: FRC current edition and amendments; Canada route: Not in selected perimeter; Australia route: Not in selected perimeter; question: Which later-effective format changes and clarifications affect the UK package or group presentation?; next: Assess the official amendment against entity facts and group policy; do not update a conclusion automatically.

CMP-CA-FRM-031: CA01 / CA02; Canadian reporting framework; U.S. route: Not in selected perimeter; UK route: Not in selected perimeter; Canada route: AcSB Handbook Parts I–IV / PSAS classification route; Australia route: Not in selected perimeter; question: Which entity class, public-accountability facts, reporting purpose, election, and overlay select the Canadian reporting route?; next: Confirm the entity class and reporting purpose before opening a topic-level comparison or proposing a group mapping.

CMP-CA-REV-032: US01 ↔ UK01 ↔ CA01; Revenue; U.S. route: U.S. GAAP revenue topic; UK route: FRS 102 revenue route; Canada route: ASPE Section 3400 route under review; Australia route: Not in selected perimeter; question: Which contract facts, units of account, timing decisions, and framework routes remain local before group policy mapping?; next: Validate each entity, period, source version, and local decision separately; the three-lane record is not an equivalence conclusion.

CMP-CA-FIL-033: CA02; Presentation and filing; U.S. route: Not in selected perimeter; UK route: Not in selected perimeter; Canada route: IFRS + CSA / SEDAR+ + corporate-law routes; Australia route: Not in selected perimeter; question: Which financial statements, continuous-disclosure documents, delivery steps, approvals, and filing controls apply to the Canadian entity?; next: Confirm reporting-issuer and corporate-law facts before determining the applicable document, delivery, or filing perimeter.

CMP-AU-FRM-041: AU01 / AU02; Australian reporting framework; U.S. route: Not in selected perimeter; UK route: Not in selected perimeter; Canada route: Not in selected perimeter; Australia route: AASB Tier 1 / Tier 2 + Corporations Act classification route; question: Which entity, reporting purpose, public-accountability, Tier, sector, and statutory facts select the Australian reporting route?; next: Confirm the entity and statutory reporting perimeter before opening a topic-level comparison or proposing a group mapping.

CMP-AU-REV-042: US01 ↔ UK01 ↔ CA01 ↔ AU01; Revenue; U.S. route: U.S. GAAP revenue topic; UK route: FRS 102 revenue route; Canada route: ASPE Section 3400 route under review; Australia route: AASB 15 route with NFP context excluded; question: Which contract facts, units of account, income context, timing decisions, and local framework routes remain separate before group policy mapping?; next: Validate every entity, period, source version, and local decision separately; the four-lane record is not an equivalence conclusion.

CMP-AU-FIL-043: AU02; Presentation, lodgement, and disclosure; U.S. route: Not in selected perimeter; UK route: Not in selected perimeter; Canada route: Not in selected perimeter; Australia route: Tier 1 + Corporations Act + ASIC + ASX + AASB S2 applicability routes; question: Which financial, sustainability, continuous-disclosure, assurance, approval, and lodgement controls apply to the Australian entity?; next: Confirm entity, reporting cohort, listing, relief, assurance, and operative-period facts before determining the applicable reporting perimeter.

IMP-REV-01: Revenue policy bridge; Potential policy mapping; US01 / UK01 / Group; Local decisions pending; No group adjustment proposed

IMP-LES-02: UK lease transition package; Transition and data workstream; UK01 / Group disclosures; Evidence in review; Group consequence not approved

IMP-FIL-03: Entity filing perimeter; Presentation and filing control; US02 / UK01; Authority route open; Separate sign-offs required

IMP-CA-04: Canada framework and filing bridge; Framework, securities, and corporate-law mapping; CA01 / CA02 / Group; Entity class in review; No framework or filing conclusion approved

IMP-AU-05: Australia framework and reporting bridge; Tier, statutory, market, and sustainability mapping; AU01 / AU02 / Group; Entity and cohort review; No framework, filing, or sustainability conclusion approved

Source baseline: FASB Codification remains the authoritative nongovernmental U.S. GAAP source — Reviewed 2026-08-20 — https://fasb.org/standards

Effective standard: FRS 102 Periodic Review 2024 principal effective date — 2026-01-01 — https://www.frc.org.uk/library/standards-codes-policy/accounting-and-reporting/uk-accounting-standards/frs-102/

Staff manual: SEC Financial Reporting Manual administrative revision — 2026-06-29 — https://www.sec.gov/about/divisions-offices/division-corporation-finance/financial-reporting-manual

Issued amendment: FRS 102 adapted-format amendments — Effective 2027-01-01 — https://www.frc.org.uk/library/standards-codes-policy/accounting-and-reporting/uk-accounting-standards/frs-102/

Strategic consultation: AcSB 2027–2032 draft strategic plan — Published 2026-05-22 — https://connect.frascanada.ca/acsb-2027-2032-strategic-plan

Exposure draft: PSAB 2026–2027 annual improvements — Updated 2026-07-17 — https://connect.frascanada.ca/psab-2026-2027-annual-improvements-4?tool=survey_tool

Future operative standard: AASB 18 presentation and disclosure transition — For-profit periods from 2027-01-01 — https://standards.aasb.gov.au/aasb-18-jun-2024

Phased reporting: Mandatory climate-related financial reporting cohorts — Phased from 2025 — https://www.asic.gov.au/regulatory-resources/sustainability-reporting/for-preparers-of-sustainability-reports/who-must-prepare-a-sustainability-report/

Implementation watch: AASB current project and implementation-support signals — Reviewed 2026-08-20 — https://aasb.gov.au/current-projects/project-summaries/

This public product preview uses illustrative entity, source, comparison, evidence, group-policy, mapping, disclosure, and review records. It does not reproduce licensed standards, maintain a live accounting database, determine applicable GAAP, make accounting or legal conclusions, post adjustments, or replace current authoritative sources and qualified professional review.

Similar labels do not establish equivalent recognition, measurement, presentation, disclosure, or filing outcomes.