In-depth analysis, examples and insights to give you an advantage in understanding the requirements and implications of the new standards.
August 15, 2018
KPMG reports on the FASB’s proposed ASU on narrow-scope improvements for lessors
March 28, 2018
The amendments create an additional transition method, and a lessor practical expedient for separating lease and non-lease components.
March 06, 2018
KPMG reports that the FASB affirmed its proposed transition option for the new leases standard eliminating the comparative period reporting requirement.
January 23, 2018
KPMG reports on the FASB’s approval of its previously proposed technical corrections to the new leases standard.
December 12, 2017
This quarter’s publication features highlights from the 2017 AICPA Conference on Current PCAOB and SEC Developments; updates on implementing the revenue recognition, leases and financial instruments standards; and financial reporting reminders for year-end 2017.
October 01, 2017
FASB’s codification of recent SEC announcement on certain public business entities, and rescinds other SEC guidance on revenue and leases.
August 31, 2017
Companies and their stakeholders should consider these observations and thoughtfully evaluate their current and planned implementation efforts for these major standards.
August 31, 2017
The proposed ASU on land easements would clarify that they are within the scope of the new leases standard and would add a practical expedient to ASC 842 to ease transition. The other proposed ASU includes 16 technical corrections to the new standard and other accounting topics.
In-depth analysis, examples, and insights specific to IFRS.