FASB and IASB Take Divergent Paths on Key Aspects of Lease Accounting
The FASB and the IASB could not agree on how lessees and lessors should depict their leasing activities for financial reporting purposes.
Financial Reporting View Fri, 21 Mar 2014 00:00:00 GMT
Financial Instruments: Changes to Financial Assets Impairment, Classification and Measurement
This issues reports that the FASB continued redeliberations on the proposed standards on financial assets impairment and classification and measurement.
Financial Reporting View Fri, 14 Mar 2014 00:00:00 GMT
FASB Issues Private Company Exemption from Consolidation of Certain Variable Interest Entities
The FASB and PCC recently issued guidance that gives private company lessees the option to not apply the VIE consolidation guidance to some lessor entities.
Financial Reporting View Fri, 28 Mar 2014 00:00:00 GMT
EITF Reaches One Final Consensus and One Consensus-for-Exposure
This edition of Defining Issues reports that the FASBÂ’s Emerging Issues Task Force (EITF) discussed four issues at its March 13, 2014, meeting.
Financial Reporting View Fri, 14 Mar 2014 00:00:00 GMT
FAF Post-Implementation Report Addresses Fair Value Measurements
The Financial Accounting Foundation (FAF) recently issued a post-implementation review report about FASB Statement No. 157, Fair Value Measurements.
Financial Reporting View Mon, 03 Mar 2014 00:00:00 GMT
IFRS Newsletter: Insurance - Moving Towards International Insurance Accounting
This issue discusses the IASB's redeliberations about two of the five issues targeted for redeliberations.
Financial Reporting View Mon, 31 Mar 2014 00:00:00 GMT
IFRS Newsletter: Leases - Divergent Paths
The March 2014, Issue 14 of KPMG ISG's IFRS Newsletter: Leases - Divergent Paths summarizes the March meeting of the FASB and the IASB.
Financial Reporting View Mon, 31 Mar 2014 00:00:00 GMT
IFRS Newsletter: Insurance - Moving Towards International Insurance Accounting
IFRS Newsletter: Insurance - Moving Towards International Insurance Accounting highlights the IASB's discussions about the effective date of IFRS 9.
Financial Reporting View Mon, 03 Mar 2014 00:00:00 GMT
IFRS Newsletter: Financial Instruments - The Future of IFRS Financial Instruments Accounting
KPMG ISG's IFRS Newsletter: Financial Instruments - The Future of IFRS Financial Instruments Accounting summarizes the February IASB meetings.
Financial Reporting View Mon, 03 Mar 2014 00:00:00 GMT
FASB Responds to Post-Implementation Review Report About Fair Value Measurement
The FASB recently responded to the Financial Accounting Foundation's (FAF) Post-Implementation Review (PIR) Report about FASB Statement No. 157.
Financial Reporting View Mon, 17 Mar 2014 00:00:00 GMT
In the Headlines: Making Financial Statements More Relevant - Short-Term Clarifications to IAS 1
In the Headlines 14-05 summarizes the IASB Exposure Draft, Disclosure Initiative, which proposes narrow-scope amendments to IAS 1.
Financial Reporting View Mon, 31 Mar 2014 00:00:00 GMT
Joint FASB/IASB Meeting - March 18-19, 2014
Joint FASB/IASB Meeting - March 18-19, 2014.
Financial Reporting View Mon, 24 Mar 2014 00:00:00 GMT
KPMG Comments on PCAOB Proposal About Communication in the Auditor's Report of Certain Participants in the Audit
KPMG LLP recently commented on a PCAOB proposal.
Financial Reporting View Mon, 17 Mar 2014 00:00:00 GMT
FASB Changes Discontinued Operations Definition
This edition of Defining Issues reports that the FASB recently issued accounting guidance that will change the definition of discontinued operations.
Financial Reporting View Thu, 17 Apr 2014 00:00:00 GMT
Latham & Watkins Issues The Last Days of Disco Ops
Latham and Watkins recently released its white paper, The Last Days of Disco Ops.
Financial Reporting View Mon, 31 Mar 2014 00:00:00 GMT
