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One Installation. Two Standards. Every Country.

Kantivo is built for businesses that don't fit one accounting framework. Choose GAAP for your US entities and IFRS for your international ones — without juggling two pieces of software.

Try It Free
2
Reporting Frameworks
140+
Countries Served
15+
Currencies Included

Pick Your Framework Per Company — Not Per Installation

The two accounting frameworks that drive virtually every business worldwide are US GAAP and IFRS. Most accounting tools force a single global choice. Kantivo treats this as a per-company setting, so a US LLC running on GAAP and a UK subsidiary running on IFRS both operate from the same install with no workarounds.

Default

US GAAP

  • "Balance Sheet" report titles
  • Income Statement (Profit & Loss)
  • FIFO, LIFO, and Weighted-Average inventory
  • Current-then-non-current balance sheet order
  • Cash and accrual basis both supported
  • The default standard for US businesses
International

IFRS

  • "Statement of Financial Position" titles
  • Statement of Profit or Loss
  • FIFO and Weighted-Average (LIFO disallowed under IAS 2)
  • Non-current-then-current balance sheet order
  • Cash and accrual basis both supported
  • The accepted standard in 140+ countries

What Switches When You Toggle to IFRS

Flip a company to IFRS and Kantivo reshapes the reporting layer to match the conventions your accountant or auditor will expect. No manual relabeling, no parallel sets of books.

Renamed Reports

"Balance Sheet" becomes "Statement of Financial Position." "Income Statement" becomes "Statement of Profit or Loss." On-screen views, printouts, and PDF exports all reflect the new titles.

Visible Framework Tag

Every report carries a clear US GAAP or IFRS marker right next to its Cash/Accrual indicator, so reviewers always know which framework produced the numbers.

Inventory Method Guardrails

LIFO costing is locked out for IFRS companies as required by IAS 2 — Kantivo automatically routes you toward FIFO or Weighted-Average instead.

Adjustable Per Company

Choose your framework when the company is created, or change it later from Settings. In a multi-company setup each entity can use whichever standard fits.

Designed for Cross-Border Operations

With 15+ currencies built in and live exchange rate refreshes, Kantivo is at home with businesses operating in multiple jurisdictions. Whether you need GAAP compliance for a US filing or IFRS-compliant statements for an overseas subsidiary, the framework adjusts to your books — not the other way around.

Accounting That Adapts to Your Books

Begin a free 30-day trial. GAAP and IFRS support is bundled into every Kantivo plan.

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