In-depth analysis, examples and insights to give you an advantage in understanding the requirements and implications of the new revenue standard.
June 25, 2018
KPMG reports on the FASB’s ASU that clarifies how not-for-profits and others account for grants and similar transactions
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 03, 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
April 13, 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.
March 30, 2017
This consensus will reduce diversity in practice in identifying the customer in these arrangements.
February 22, 2017
The ASU also defines in-substance nonfinancial assets and includes guidance on partial sales of nonfinancial assets.
December 15, 2016
With the new revenue recognition standard effective date approaching, KPMG reports on the most significant industry issues
May 13, 2016
KPMG reports on FASB’s ASC 606 technical corrections. FASB’s last anticipated standard-setting activity prior to revenue standard effective date.