Discuss the similarities and differences between US GAAP and IFRS regarding accounting and reporting for equity

Please discuss similarities and differences between U.S. GAAP and IFRS regarding Accounting and reporting for equity.

The paper MUST be in APA format.

You are required to write a 1,000-word paper addressing the following:

Introduction
Summary of the GAAP and IFRS standard
Discussion of the similarities and differences among each standard
Relate each standard to the relevant topic you learned in class
Conclusion