FASB issues final ASU on profits interest awards
ASU 2024-01 provides four cases illustrating the scope application of ASC 718 for profits interest awards.
Handbook: Reference rate reform
Latest edition: Our in-depth guidance on ASC 848’s optional relief for affected contracts and transactions.
IFRS® Perspectives – March 2024
A collection of articles providing updates on current IFRS® Accounting Standards relevant to US companies.
Handbook: Investments
Latest edition: Our guide to accounting for investments in debt and equity securities and the fair value option.
Handbook: Derivatives and hedging
Latest edition: Our in-depth guide on derivatives and hedge accounting, with our latest interpretations.
2023 AICPA Conference on Banks & Savings Institutions
Highlights from the SEC, economists, bank regulators, FASB and others on current topics for banks and savings institutions.
Handbook: Debt and equity financing
Latest edition: Our in-depth guide to debt and equity financing, with our latest interpretations.
FASB issues proposal for purchased financial assets
Proposal would largely eliminate Day 1 credit loss expense for certain purchased financial assets.
How convertible debt will be affected by ASU 2020-06
KPMG provides guidance on how ASU 2020-06 will affect convertible debt an issuer can settle in cash and/or shares.
FASB exposes financial statement element definitions
The proposals would revise the conceptual definitions of assets, liabilities, revenues and gains, amongst others.
FASB issues Codification improvements
The amendments affect several topics to clarify, correct errors in and make improvements to the FASB Codification.
Impact of economic disruption on expected credit losses
Q1 economic disruption caused by COVID-19 and oil markets should not be reflected in ASC 326 transition adjustment
FASB issues targeted transition relief for the credit losses standard
ASU 2019-05 provides more flexibility in applying the fair value option on adoption of the new standard.
Financial assets, derivatives & hedging
KPMG professionals discuss recent issues, including recently issued standards and ongoing FASB activities
Changes to accounting for debt and equity, and EPS
KPMG webcast on ASU 2020-06, affecting convertible debt, contracts in an entity’s own equity and EPS.
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