Find latest publication on US GAAP,IFRS and Canadian ASPE
Find latest publication on US GAAP,IFRS and Canadian ASPE
EY FRD publication on business combinations has been updated to reflect the issuance of ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. It has also been updated to further enhance and…
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…
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…
A guide to revenue recognition assists middle-market companies in applying the new revenue recognition model in Topic 606, “Revenue from Contracts with Customers,” of the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification (ASC). ASC 606 provides a robust framework for recognizing…
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 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.…
This PwC guide summarizes the applicable accounting literature, including relevant references to and excerpts from the FASB’s Accounting Standards Codification (the Codification). It also provides PwC insights and perspectives, interpretative and application guidance, illustrative examples, and discussion on emerging practice…
PwC is pleased to offer our updated accounting and financial reporting guide, Business combinations and noncontrolling interests. This guide summarizes the applicable accounting literature, including relevant references to and excerpts from the FASB’s Accounting Standards Codification (the Codification). It also provides…
This EY FRD provides interpretive guidance on the accounting for real estate sales. Download from EY ACCOUNTING LINK
An executive overview of the lease accounting standard from a lessor’s perspective. Key impacts: Lessor accounting is not fundamentally changed, but important differences from ASC 840 exist. Key aspects of the lessor accounting guidance have been aligned with the guidance…