Deloitte US GAAP Publications

SEC Reporting Considerations for Business Acquisitions (December 2021)

December 18, 2021December 18, 2021 alishan No Comments

This Roadmap is intended to help domestic registrants navigate their SEC reporting obligations related to the acquisition or probable acquisition of a business. It combines the SEC’s guidance on reporting for business acquisitions — including acquisitions of real estate operations and pro forma financial information — with Deloitte’s interpretations and examples in a comprehensive, reader-friendly…

Deloitte US GAAP Publications, US GAAP

Deloitte Roadmap Business Combinations (December 2021)

December 12, 2021December 18, 2021 alishan No Comments

This Roadmap provides Deloitte’s insights into and interpretations of the guidance in ASC 805 on business combinations, pushdown accounting, common-control transactions, and asset acquisitions as well as an overview of related SEC reporting requirements. The Roadmap reflects guidance issued through December 8, 2021, and discusses several active FASB projects that may result in changes to…

Deloitte US GAAP Publications, US GAAP

Deloitte Roadmap Current Expected Credit Losses (2021)

December 11, 2021December 18, 2021 alishan No Comments

This Roadmap provides Deloitte’s insights into and interpretations of the guidance in FASB Accounting Standards Update (ASU) No. 2016-13 (codified as ASC 326), Measurement of Credit Losses on Financial Instruments. The ASU adds to U.S. GAAP an impairment model known as the current expected credit loss (CECL) model, which is based on expected losses rather than…

Deloitte US GAAP Publications, US GAAP

Impairments and Disposals of Long-Lived Assets and Discontinued Operations

October 25, 2021October 25, 2021 alishan No Comments

This Roadmap provides Deloitte’s insights into the guidance in ASC 360-10 and ASC 205-20 on impairments and disposals of long-lived assets and presentation of discontinued operations. ASC 360-10 specifies the accounting and reporting for long-lived assets that are being held and used by an entity and for long-lived assets that the entity intends to sell…

Deloitte US GAAP Publications, US GAAP

Equity Method Investments and Joint Ventures

October 25, 2021 alishan No Comments

This Roadmap provides Deloitte’s insights into and interpretations of the guidance on accounting for equity method investments and joint ventures. The October 2021 edition includes updated and expanded guidance (see Appendix E for details) as well as On the Radar, a new section that briefly summarizes emerging issues and trends related to the accounting and…

Deloitte US GAAP Publications, US GAAP

SEC Reporting Considerations for Equity Method Investees

October 25, 2021October 25, 2021 alishan No Comments

This Roadmap combines the SEC’s guidance on reporting for equity method investments with Deloitte’s interpretations (Q&As) and examples in a comprehensive, reader-friendly format. The October 2021 edition includes updated and expanded guidance (see Appendix D for details) as well as On the Radar, a new section that briefly summarizes emerging issues and trends related to…

Deloitte US GAAP Publications, US GAAP

SEC Reporting Considerations for Guarantees and Collateralizations – Deloitte

August 28, 2021 alishan No Comments

This Roadmap is intended to help readers navigate some of the questions that may arise in the application of the disclosure requirements related to certain registered securities under SEC Regulation S-X, Rules 3-10, 3-16, 13-01, and 13-02. The 2021 edition includes expanded guidance as well as On the Radar, a new section that briefly summarizes…

Deloitte US GAAP Publications, US GAAP

Issuer’s Accounting for Debt under US GAAP Deloitte 2021 Roadmap

July 31, 2021August 19, 2021 alishan No Comments

This Roadmap provides an overview of the FASB’s authoritative guidance on the issuer’s accounting for debt arrangements (including convertible debt) as well as our insights into and interpretations of how to apply that guidance in practice. Determining the appropriate accounting for debt arrangements can be time-consuming and complex. Terms that are significant to the accounting…

Deloitte US GAAP Publications

A Roadmap to Accounting and Financial Reporting for Carve-Out Transactions

March 20, 2021March 29, 2021 alishan No Comments

“Carve-out financial statements” is a general term used to describe financial statements derived from the financial statements of a larger parent entity. Carve-out transactions might occur when a parent entity wishes to pursue a sale, spin-off, or initial public offering (IPO) of a portion of the parent entity. Carve-out financial statements are needed to complete…

Deloitte US GAAP Publications, US GAAP

A Roadmap to Applying the New Revenue Recognition Standard (December 2020)

March 14, 2021March 28, 2021 alishan No Comments

This Roadmap provides Deloitte’s insights into and interpretations of the guidance in ASC 606 on revenue from contracts with customers, the cost guidance in ASC 340-40, and the guidance in ASC 610-20 on gains and losses on transfers of nonfinancial and in-substance nonfinancial assets to noncustomers. The 2020 edition includes new guidance and examples that…

Deloitte US GAAP Publications, US GAAP