Updated accounting roadmap comparing IFRS Standards and US GAAP
In July 2022, Deloitte published a regularly updated roadmap from the accounting series on US GAAP – related topics, focusing on IFRS to US GAAP comparison.
Financial reporting considerations related to the war in terms of US GAAP
On 14 March 2022, Deloitte published Financial Reporting Alert 22-1 related to the impacts of the current war between Ukraine and Russia. The alert elaborates relevant accounting and reporting implications to b…
Change in the guidance on leases related to discount rates
On 11 November 2021, the FASB issued Accounting Standards Update (ASU) No. 2021-09 Discount Rate for Lessees That Are Not Public Business Entities.
Comparing IFRS Standards and US GAAP: accounting roadmap published
In October 2021, Deloitte published a new piece of the roadmap accounting series on US GAAP related topics.
FASB makes targeted improvements to leasing guidance for lessors with leases containing variable lease payments
On 19 July 2021, the FASB issued ASU 2021-05, Lessors — Certain Leases with Variable Lease Payments, which requires a lessor to classify a lease with variable lease payments that do not depend on an index or ra…
New publication on Current Expected Credit Losses based on ASC 326
The accounting standard on Current Expected Credit Losses has now been in force for most companies. The experience from its application has raised a number of questions between users of accounts. Such a signifi…
New publication laying out differences in accounting standards IFRS and US GAAP
Are you transitioning from US GAAP to IFRS or vice versa? Do you need to consider possible differences between the two accounting standards and do not know where to start? Are you concerned that sources you use…
Accounting for Contingencies, Loss recoveries, Guarantees: accounting roadmap published
In October 2020, Deloitte published a new piece of the roadmap accounting series on US GAAP related topics, which discusses the area of accounting for contingencies, loss recoveries and guarantees.
Looking for news in US GAAP? Meet Deloitte Accounting Research Tool (DART)
Previously, the content to regulatory and accounting matters was published on iasplus.com where you could also find US related content. Deloitte has recently concentrated all US related content to a new researc…
The Effects of COVID-19 Pandemic on Cash Flow Hedge Accounting
In April 2020, the Financial Accounting Standards Board (FASB) issued FASB staff question-and-answer document (Q&A) focused on the application of the guidance in Topic 815, Derivatives and Hedging, in relat…