Insight

Revenue reference library

KPMG publications, guidance, examples and insights to give you an advantage in understanding the requirements and implications of the new revenue standard.

Real estate revenue guide

April 21, 2023

Latest edition: Our Q&As on the FASB’s revenue and other income recognition standards in the real estate industry.
Handbook: Revenue recognition

March 24, 2023

Latest edition: Our in-depth guide to the revenue standard, ASC 606.
Russia-Ukraine war

March 04, 2022

Potential accounting and financial reporting issues created by the war and related economic sanctions.
Revenue for franchisors

April 23, 2021

Latest edition: Our guide to the implementation of ASC 606 for franchisors.
Q4 2020 Quarterly Outlook

December 17, 2020

Quarterly update from KPMG on accounting and financial reporting developments, including SEC matters and FASB activity.
2020 AICPA Conference on Current SEC & PCAOB Developments

December 16, 2020

KPMG reports on the important messages coming from this year’s conference.
FASB discusses and responds to coronavirus

June 03, 2020

Updated: FASB issues ASU deferring effective dates of leases and revenue standards for certain entities due to COVID-19.
Handbook: Service concession arrangements

April 29, 2020

KPMG’s guide provides interpretive guidance, including Q&As and illustrative examples, on the application of ASC 853.
COVID-19 impacts on arrangements with customers

March 25, 2020

Potential impacts on accounting for arrangements with customers, including revenue, inventory and other related costs.
March 2020 Quarterly Outlook

March 18, 2020

KPMG’s quarterly update on financial reporting developments, including COVID-19 impacts, SEC matters and FASB activity.
New ASU on share-based payments to customers

November 15, 2019

FASB clarifies that share-based consideration payable to a customer is measured under stock compensation guidance.
EITF reaches final consensus

November 04, 2019

Consensus on accounting for equity method investments, discussion on licensing contract modifications.
September 2019 Quarterly Outlook

September 02, 2019

KPMG’s quarterly update on accounting and financial reporting developments, including SEC matters and FASB activity.
June 2019 Quarterly Outlook

June 03, 2019

KPMG’s quarterly update on accounting and financial reporting developments, including SEC matters and FASB activity.
March 2019 Quarterly Outlook

March 15, 2019

KPMG’s quarterly update on accounting and financial reporting developments, including SEC matters and FASB activity.
December 2018 Quarterly Outlook

December 19, 2018

KPMG’s quarterly update on accounting and financial reporting developments, SEC activity and major FASB standards.
SEC clarifies guidance for EGCs on loss of status

December 16, 2018

The SEC staff provides clarification for new registrants who do not qualify as EGCs on the adoption of new standards.
Targeted improvements for collaborative arrangements

November 05, 2018

KPMG reports on ASU 2018-18, clarifying the interaction between collaborative arrangements and the new revenue standard.
September 2018 quarterly outlook

September 14, 2018

KPMG’s quarterly update on recent accounting and financial reporting developments, including SEC activity and major FASB standards.
FASB clarifies how not-for-profits account for grants

June 25, 2018

KPMG reports on the FASB’s ASU that clarifies how not-for-profits and others account for grants and similar transactions
June 2018 quarterly outlook

June 04, 2018

KPMG’s quarterly update on recent accounting and financial reporting developments, including tax reform, SEC activity and major FASB standards.
Control changes with ASC 606 implementation

April 01, 2018

ASC 606 early adopters identify changes to financial reporting controls. KPMG highlights what those changes are.
SEC comments on ASC 606 early adopters

March 27, 2018

SEC comment letters on ASC 606 provide insight into key focus areas. KPMG discusses the themes.
Early thinking in adopting ASC 606

March 22, 2018

KPMG reports that most companies are using the modified retrospective method to adopt the new revenue standard, SEC filings show.
March 2018 Quarterly Outlook

March 12, 2018

KPMG reports on major accounting and financial reporting developments that could affect companies in the current period and near term.
Revenue for the life sciences industry

March 05, 2018

With the new revenue standard now in effect, KPMG reports on the most significant industry issues.
Revenue for power and utilities companies

March 05, 2018

With the new revenue standard now in effect, KPMG offers insights on the most significant industry issues.
Revenue for the asset management industry

January 01, 2018

With the new revenue standard now in effect, KPMG offers insights on the most significant industry issues.
Modifications to preserve the value of awards

December 04, 2017

KPMG reports on the important messages coming from this year’s conference.
FASB amends codified SEC guidance on revenue and leases

October 01, 2017

FASB’s codification of recent SEC announcement on certain public business entities, and rescinds other SEC guidance on revenue and leases.
Revenue for retailers

September 04, 2017

With the new revenue recognition standard’s effective date approaching, KPMG reports on the most significant industry issues.
SEC updates revenue guidance

August 28, 2017

The SEC amendments are consistent with and do not change the new revenue model issued by the FASB.
Revenue for chemical manufacturers

August 07, 2017

With the new revenue recognition standard’s effective date approaching, KPMG reports on the most significant industry issues.
SEC comments on pre-production activities

August 07, 2017

KPMG reports on discussions with the SEC staff on adopting ASC 606 and ASC 340-40
Proposal to clarify grants and similar transactions

August 07, 2017

The proposed ASU would address practice issues by helping entities evaluate whether they should account for a grant or similar contract as a contribution or an exchange transaction
SEC staff comments on implementation of new standards

August 07, 2017

Companies and their stakeholders should consider these observations and evaluate their implementation efforts.
SEC: 606 & 842 adoption relief for some entities

July 03, 2017

The SEC staff has granted relief from the early adoption of ASC 606 and ASC 842 for certain private companies.
ASC 606 implementation – don’t forget internal controls and disclosures

July 03, 2017

KPMG’s insights on ASC 606 implementation. With adoption of the new revenue standard underway for most companies, KPMG reports on areas that may be left as low priority – with potentially risky consequences.
FASB amends accounting for service concession arrangements

March 06, 2017

This consensus will reduce diversity in practice in identifying the customer in these arrangements.
Accounting for derecognition of nonfinancial assets

February 22, 2017

The ASU also defines in-substance nonfinancial assets and includes guidance on partial sales of nonfinancial assets.

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IFRS Institute

Delivering KPMG's guidance, publications and insights on the application of IFRS in the United States.

Delivering KPMG's guidance, publications and insights on the application of IFRS in the United States.

ARO

The KPMG accounting research website to access additional resources for your financial reporting needs.

The KPMG accounting research website to access additional resources for your financial reporting needs.