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
The accounting guidance in ASC 410-20 applies to legal obligations associated with the retirement of long-lived assets that result from the acquisition, construction, development and/or the normal operation of a long-lived asset. A legal obligation is an obligation that a…
EY FRD publication on credit impairment under ASC 326 has been updated to reflect ASU 2020-03, Codification Improvements to Financial Instruments, and for the March 2020 FASB staff’s response to a technical inquiry related to the timing of insurance recovery…
The new guidance issued by the FASB on accounting for revenue contracts acquired in a business combination requires companies to apply ASC 606 to recognize and measure contract assets and contract liabilities acquired in a business combination under ASC 805.…
EY US GAAP versus IFRS – The basics publication, which provides an overview, by accounting area, of the similarities and differences between US GAAP and IFRS, has been updated. This release reflects guidance effective in 2021 and guidance finalized by the…
EY FRD publication on statement of cash flows has been updated to clarify and enhance our interpretive guidance. This edition provides guidance on the presentation of funds held on behalf of customers in the statement of cash flows. See Appendix…
EY US GAAP FRD publication on real estate project costs has been updated to clarify and enhance our interpretive guidance. Download from EY ACCOUNTING LINK
This EY FRD provides interpretive guidance on the accounting for real estate sales. Download from EY ACCOUNTING LINK
EY FRD publication on accounting for leases under ASC 842 has been updated to reflect recent standard-setting activity and to clarify and enhance our interpretive guidance. Refer to Appendix E of the publication for a summary of the updates.
EY FRD publication on the impairment or disposal of long-lived assets has been updated to enhance and clarify interpretative guidance under US GAAP. Download from EY Accounting Link
EY FRD publication on derivatives and hedging (after the adoption of ASU 2017-12, Targeted Improvements to Accounting for Hedging Activities) has been updated to reflect recent standard-setting activity and to clarify and enhance our interpretive guidance. Refer to Appendix E of…