Find latest publication on US GAAP,IFRS and Canadian ASPE
Find latest publication on US GAAP,IFRS and Canadian ASPE
Hedge accounting under IFRS 9 is more attractive than under IAS 39. And it may be easier to comply with the requirements although ‘easier’ is a relative term. Hedge accounting is still optional but a wider range of instruments qualify…
KPMG Guides to financial statements help you to prepare financial statements in accordance with IFRS Standards. They have three components: Illustrative disclosures, which illustrate one possible format for financial statements, based on a fictitious multinational corporation; COVID-19 supplement, which illustrates additional…
As part of their implementation journey, preparers should consider the interrelationship between their current method and timing of reporting, and the requirements of IFRS 17. This EY (Ernst & Young) publication aims to help preparers navigate this journey and it…
This EY Publication contains illustrative consolidated financial statements for the year ending 31 December 2021 and is prepared in accordance with IFRS issued as at 30 June 2021 and effective for annual periods beginning on 1 January 2021 Download this…
The use of Power Purchase Agreements (PPA) in the supply of renewable energy is on the rise. This EY publication focuses solely on the assessment of whether solar and wind energy PPAs contain a lease in accordance with IFRS 16…
This EY publication discusses how an entity might account for a cloud computing arrangement considering the requirements in IFRS. IFRS Standards do not contain explicit guidance about a customer’s accounting for cloud computing arrangements, so judgement will be required to…
Acquisition by a special purpose acquisition company (SPAC) offers private companies a way to go public without a traditional initial public offering. As the volume of SPAC transactions continues to grow, stakeholders, including regulators, continue to expect high quality financial…
IFRS 9 Financial Instruments sets out the general principles for recognising, classifying, and measuring financial assets – e.g. loans. These principles apply for both originated and acquired loans and for certain loan commitments, but how do they apply? This KPMG Publication deals…
Learn about cryptocurrencies and the primary issues involved in accounting for them under International Financial Reporting Standards (IFRS). This publication includes: a brief overview explaining what cryptocurrencies are a discussion of possible approaches to accounting for cryptocurrencies under existing IFRS…
Applying IFRS 2 Share-based Payment can be challenging, particularly with the variety and complexity of the broad range of share-based payment schemes that exist worldwide. This KPMG Handbook aims to help you apply IFRS 2 in practice, using illustrative examples to clarify…