Find latest publication on US GAAP,IFRS and Canadian ASPE
Find latest publication on US GAAP,IFRS and Canadian ASPE
Although today’s revenue recognition guidance applies the same accounting model across all industries, there are a number of unique considerations when accounting for software and software-as-a-service (SaaS) arrangements. As you delve into these arrangements, we’ve developed a series of Q&As…
The FASB’s new standard on leases, ASC 842, is already effective for public companies and is replacing today’s leases guidance for other companies in 2021. This guide discusses lessee and lessor accounting under ASC 842. The first four chapters provide an introduction…
This Roadmap provides an overview of the most significant differences between U.S. GAAP and IFRS® Standards — two of the most widely used accounting standards in the world. The 2021 edition includes updated and expanded guidance that reflects standards effective as…
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 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.…
IFRS 15: Revenue from Contracts with Customers At the end of May 2014, IFRS 15: Revenue from Contracts with Customers (IFRS 15) was released. This standard outlines a single comprehensive model of accounting for revenue arising from contracts with customers and supersedes…
This Deloitte Roadmap edition combines the SEC’s guidance on non-GAAP measures with Deloitte’s interpretations and examples in a comprehensive, reader-friendly format. The 2021 edition reflects recent developments related to non-GAAP measures as well as the SEC’s January 2020 interpretive release…
As software technology continues to evolve, entities are continually confronting new challenges in recognizing revenue for software arrangements. In addition, as the FASB and IASB continue to converge their guidance on revenue recognition, many entities have begun to assess how…
This Roadmap provides an overview of the guidance in ASC 815-40 as well as insights into and interpretations of how to apply it in practice. For ease of reference, we have accompanied our discussion with the related authoritative text. The…