KPMG 2021 Handbook: Equity method of accounting

This KPMG handbook provides detailed guidance on and interpretation of ASC 323, providing examples and analysis.

This March 2021 edition incorporates updated guidance on:

  • Significant influence with less than 20% stock ownership
  • Accounting for tax credits by a tax equity investor
  • Accounting for decreases in capital accounts when tax credits are distributed using the hypothetical liquidation at book value (HLBV) method

Download the Handbook from the Source

Source: KPMG Financial Reporting View 

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