Find latest publication on US GAAP,IFRS and Canadian ASPE
Find latest publication on US GAAP,IFRS and Canadian ASPE
Ernst Young US GAAP Publications
EY FRD publication on business combinations has been updated to reflect the issuance of ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. It has also been updated to further enhance and…
EY has updated their FRD publication on transfers and servicing of financial assets to further clarify and enhance our interpretative guidance. Download from EY Accounting Link
The new guidance issued by the FASB earlier this year allows entities to expand their use of what is now called the portfolio layer method (previously the last-of-layer method) for fair value hedges of interest rate risk in a closed…
EY FRD publication on real estate project costs has been updated to clarify and enhance our interpretive guidance. See Appendix C for a summary of important changes. Download from EY Accounting Link
EY Technical Line has been updated to reflect accounting considerations for certain activities in the digital assets market. The publication addresses the accounting for crypto assets by a holder and highlights accounting considerations for specialized entities engaged in crypto asset…
EY FRD publication on accounting for leases under ASC 840 has been updated to clarify and enhance our interpretive guidance. Refer to Appendix D of the publication for a summary of the updates. Download from EY Accounting Link
This EY Financial reporting developments (FRD) publication on goodwill and intangible assets has been updated. See Appendix D of the publication for a summary of the updates. Download from EY FRD
This EY FRD publication on bankruptcies, liquidations and quasi reorganizations has been updated to enhance and clarify our interpretive guidance. See Appendix A for a summary of important changes. Download from EY Accounting Link
Companies often consider divestitures to raise capital or maximize shareholder value. A divestiture may take the form of a sale of all or a portion of a business, a spin-off of all or a portion of a business to existing…
ASC 420 establishes an accounting model for costs associated with exit or disposal activities, including restructuring activities. Under this model, a liability for costs associated with an exit or disposal activity should be recognized and initially measured at fair value…