IFRS Perspectives | February 2017

KPMG’s February 2017 IFRS Perspectives newsletter. An update on IFRS issues in the United States.

Report contents

  • The importance of IFRS to US markets: It's a two-GAAP world, but the US market is deeply invested in IFRS
  • How IFRS adoption in Japan will affect US subsidiaries
  • Converting from US GAAP to IFRS
  • The new revenue standard: Top 10 differences between IFRS 15 and ASC 606
  • Current / noncurrent classification of debt: IAS 1 vs. ASC 470



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