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US GAAP must have come first.
It’s only when trade became globalised did a need for international accounting standards become needed, so local GAAP would have been around far longer than IFRS or IAS.
IFRSs were preceded by IASs which were issued by the IASB from 2001 and before that by the IASC from June 1973.
US GAAP developed after the stock marker crash in the 1920s-1930s but was not specifically codified. In 1936 a division of the SEC published guidance in which it used the term generally accepted accounting principles (GAAP). Later, the AICPA formed the Accounting Principles Board (APB) to deal with developing a standards code (from what i recall, sometime in the 1950s). In July 1973, the APB was replaced by an independent standard setter, the FASB which inherited the accounting codes from the APB and when about properly codifying US GAAP.
In terms of linear history, US GAAP was developed over a longer period of time, but the standards that we ascribe as “true” US GAAP are about as old as IASs, since both really came out of a need (and the same consultative committee) to have a uniformed set of accounting principles to which all preparers should adhere.
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