Find latest publication on US GAAP,IFRS and Canadian ASPE
Find latest publication on US GAAP,IFRS and Canadian ASPE
KPMG US GAAP Publications
Using Q&As and examples, KPMG provides interpretive guidance on consolidation-related accounting issues in applying ASC 810. This May 2022 edition incorporates updated guidance and interpretations. Applicability Companies that present consolidated financial statements Companies with interests in variable and/or voting interest entities…
KPMG answers frequently asked questions on applying ASC 606 and ASC 610-20 in the real estate industry – including updated interpretations based on KPMG’s experience with companies applying the standards. Relevant dates Effective immediately. Key impacts Responses to common questions…
KPMG explains how an entity’s management performs a going concern assessment and makes appropriate disclosures. Q&As, interpretive guidance and illustrative examples include insights into how continued economic uncertainty may affect going concern assessments. This latest edition includes illustrative application of…
KPMG addresses frequently asked questions on ASC 321 and changes to ASC 825. This latest edition includes updated interpretations on investments in qualified affordable housing projects. Applicability ASC 321, ASC 825, (ASU 2016-01, ASU 2018-03, ASU 2019-04, ASU 2020-01) Companies that hold equity investments Companies that…
ASC 740 allows companies to apply the flow-through method or the deferral method when accounting for investment tax credits. However, that foundational policy choice is followed by a series of additional policy choices that can lead to varied financial reporting…
KPMG addresses the key accounting and financial reporting issues facing companies moving through the various stages of Chapter 11 – with Q&As, interpretive guidance and examples in US GAAP. Applicability All companies contemplating Chapter 11 bankruptcy, in Chapter 11 bankruptcy,…
Real estate focused Q&As based on our experience with companies implementing ASC 842, and discussions with industry and preparer groups, the FASB and the SEC staff. Updated for ASC 842, recent practice issues and other developments. Download from KPMG Financial…
KPMG explains cash flow classification issues and noncash disclosure requirements in detail. KPMG provides interpretive guidance on ASC 230, including illustrative examples and Q&As. Applicability ASC 230 All companies Relevant dates Effective immediately A statement of importance The statement of…
The corporate world is changing. Today’s businesses are expected to act with purpose and to report fully on that purpose. Beyond merely profit, companies are pursuing goals that will support their stakeholders and the planet. This is driving changes in…
KPMG addresses frequently asked questions about applying the fair value measurement and disclosure guidance, highlighting the differences between US GAAP and IFRS Standards. This latest edition has been updated for newly effective accounting standards, and other standard-setting and practice developments.…