ASC 280 - The GAAP Site

Segment reporting under US GAAP ASC 280 KPMG Handbook 2021

August 13, 2021August 19, 2021 alishan No Comments

KPMG comprehensive guide to ASC 280, Segment Reporting – with analysis, Q&As and examples. This updated in-depth guide also includes segment considerations for domestic filers and foreign private issuers that apply IFRS® Standards or other GAAP. Applicability Public entities (as defined by ASC 280) Relevant dates Effective immediately Key impacts Provides interpretive guidance on ASC…

KPMG US GAAP Publications

A Roadmap to Accounting and Financial Reporting for Carve-Out Transactions

March 20, 2021March 29, 2021 alishan No Comments

“Carve-out financial statements” is a general term used to describe financial statements derived from the financial statements of a larger parent entity. Carve-out transactions might occur when a parent entity wishes to pursue a sale, spin-off, or initial public offering (IPO) of a portion of the parent entity. Carve-out financial statements are needed to complete…

Deloitte US GAAP Publications, US GAAP