Find latest publication on US GAAP,IFRS and Canadian ASPE
Find latest publication on US GAAP,IFRS and Canadian ASPE
A guide to lessee accounting under ASC 842 assists middle-market lessees in applying the leases guidance in Topic 842, Leases, of the Financial Accounting Standards Board’s Accounting Standards Codification (ASC). The most significant change for lessees under ASC 842 is the recognition…
RSM US GAAP publication, A guide to accounting for investments, loans and other receivables under the new guidance affecting the accounting for financial assets, provides a high-level overview of the accounting for investment securities, loans and other receivables. Chapter 1…
RSM US GAAP publication, A guide to hedge accounting upon the adoption of ASU 2017-12, is intended to provide a high-level overview of hedge accounting based on the hedging subtopics within the Financial Accounting Standards Board’s Accounting Standards Codification, as…
For a variety of reasons, borrowers and lenders may renegotiate the terms of existing loans or exchange an existing loan for a new loan with the same lender. Naturally, there are accounting implications when the borrower and lender agree to…
The accounting for debt and equity instruments issued in financing transactions can be quite complicated due in part to the complexity inherent in certain instruments, the sheer volume of transaction documents that may need to be considered in performing the…
RSM US GAAP Guide to accounting for Business Combinations (fourth edition), was developed to help assist middle market companies in accounting for business combinations under Topic 805, Business Combinations, of the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification. Applying…
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…
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…