Find latest publication on US GAAP,IFRS and Canadian ASPE
Find latest publication on US GAAP,IFRS and Canadian ASPE
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
In March 2022, the SEC staff released Staff Accounting Bulletin No. 121 (SAB 121), which provides interpretive guidance for reporting entities that engage in activities in which they have an obligation to safeguard customers’ crypto assets. The guidance is applicable to certain…
KPMG in-depth guidance explains in detail how to account for asset acquisitions. The guidance includes KPMG’s latest interpretations based on frequent questions and answers, and illustrates how the accounting for asset acquisitions differs from business combinations accounting. Applicability An acquirer…
KPMG’s in-depth guide explains the optional expedients in ASC 848 that permit an entity to not apply otherwise applicable US GAAP to contracts or transactions that are modified or otherwise affected due to reference rate reform Applicability ASC 848 All…
KPMG provides guidance and interpretation of ASC 830, explaining the accounting for foreign currency matters. Applicability Companies that have transactions denominated in a foreign currency Companies that have operations in a foreign currency environment Currently effective requirements This Handbook takes…
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…
From 2023, the new insurance standard, IFRS 17 Insurance Contracts, will apply for all companies. This is because it applies to contracts, regardless of the issuer, and therefore all companies could be affected, not just insurers. IFRS 17 contains more detailed,…