Now that the Securities and Exchange Commission has signaled its plans to revisit a move to International Financial Reporting Standards, it’s a good time to get caught up on where there may still be significant differences between IFRS and U.S. Generally Accepted Accounting Principles.

It’s not always easy to keep up as both sets of rules are undergoing constant change. PricewaterhouseCoopers, however, is keeping an eye on things and has published an updated guide spelling out where there are still significant differences between GAAP and IFRS. The new edition of IFRS and U.S. GAAP: Similarities and Differences will help companies get a broad sense of not only where there are differences but also where there may be changes on the horizon.

The new guide includes commentary and insight on recent and proposed guidance, including developments pertaining to the overall agenda between U.S. and international rule makers to converge the two sets of rules. It provides updates on standards and guidance issued through the end of June, and it includes an overview of the new standard covering IFRS for small and medium-sized entities. The guide is intended to put into context how convergence with or adoption of IFRS has ramifications far beyond the accounting department.

Big Four firms in particular are constantly providing newer and updated resources on IFRS, including Webcasts to help companies get a handle on where accounting rules are headed, and where companies should be headed as a result. Ernst & Young, in fact, is offering one this week that helps CEOs, CFOs, and audit committee members understand where financial reporting is headed both immediately and over the long term. Deloitte has archived a Webcast that focuses on how to get people ready for a move to IFRS, and KPMG has published a recent IFRS update as well.

The SEC’s new chief accountant, James Kroeker, said at an accounting conference last week that convergence of accounting standards is going to become a priority for the SEC staff in the coming weeks. The extended lull in the action on SEC’s proposed roadmap to move U.S. capital markets into the IFRS rule book shouldn’t been seen as a lack of commitment to convergence, Kroeker said.