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  • IASB meeting (blue) Image
  • Pre-meeting summaries for the December IASB meeting

    07 Dec 2018

    The IASB is meeting in London on 11–13 December 2018 to discuss twelve topics. We have posted our pre-meeting summaries for the meeting that allow you to follow the IASB’s decision making more closely. For each topic to be discussed we summarise the agenda papers made available by the IASB staff and point out the main issues to be discussed by the IASB and the staff recommendations.

  • IFASS (International Forum of Accounting Standard Setters) (dark green) Image
  • Report on the autumn 2018 IFASS meeting

    06 Dec 2018

    A report has been issued summarising the discussions at the meeting of the International Forum of Accounting Standard Setters (IFASS) held in London on 2 and 3 October 2018.

  • IVSC (International Valuation Standards Council) (lt green) Image
  • IVSC sets up Financial Instruments Valuation Standards Board

    05 Dec 2018

    The new Board of the International Valuation Standards Council (IVSC) includes representatives of international banks, prudential regulators, valuation and accounting firms. It will begin work to develop international standards in early 2019.

  • IFRS IC meeting (blue) Image
  • IFRS Interpretations Committee holds November 2018 meeting

    03 Dec 2018

    The IFRS Interpretations Committee met in London on 27 November 2018 to discuss seven issues, including five new interpretation requests. We have posted Deloitte observer notes for the technical issues discussed during this meeting.

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  • A Roadmap to Accounting for Business Combinations Image
  • A Roadmap to Accounting for Business Combinations

    published 07 Dec 2018

    This Roadmap provides Deloitte’s insights into and interpretations of the guidance in ASC 805 on business combinations, pushdown accounting, common-control transactions, and asset acquisitions as well as an overview of related SEC reporting requirements. While the accounting frameworks for this guidance have been in place for many years, views on applying them continue to evolve. This publication is intended to help entities navigate the guidance and arrive at appropriate accounting conclusions.

  • A Roadmap to Accounting for Income Taxes (2018) Image
  • A Roadmap to Accounting for Income Taxes (2018)

    published 06 Dec 2018

    This Roadmap provides Deloitte’s insights into and interpretations of the income tax accounting guidance in ASC 740 and IFRS® Standards. Throughout the Roadmap, new guidance has been added, including a new appendix, “Frequently Asked Questions About Tax Reform,” and minor edits have been made to existing guidance to improve its clarity.

  • earnings per share Image
  • A Roadmap to the Presentation and Disclosure of Earnings per Share

    published 06 Dec 2018

    This Roadmap provides an overview of the accounting and disclosure guidance in ASC 260 as well as insights into how to apply the guidance in practice. The calculation of earnings per share (EPS) is a complex aspect of GAAP that is largely governed by “rules-based” guidance developed over many years in response to requests by constituents for interpretive guidance on certain narrow issues. This Roadmap is intended to help entities navigate the EPS accounting guidance, reduce complexity, and arrive at appropriate accounting conclusions.

  • Report on the H2 2018 IFASS meeting  Image
  • Report on the H2 2018 IFASS meeting

    published 06 Dec 2018

    Report summarising the discussions at the meeting of the International Forum of Accounting Standard Setters (IFASS) held in London on 2 and 3 October 2018.

  • IBOR replacement Image
  • Thinking Allowed — IBOR replacement

    published 04 Dec 2018

    This publication provides a brief status update on interbank offered rate (IBOR) replacement in some different jurisdictions but primarily focuses on some of the potential accounting consequences of the proposed IBOR replacement under IFRS Standards.

  • ifrs-vs-nl-gaap-11 Image
  • IFRSs and NL GAAP — Highlighting the key differences

    published 04 Dec 2018

    The eleventh edition of 'IFRSs and NL GAAP — Highlighting the key differences' provides a summary of key differences between the requirements of IFRSs compared to NL GAAP. This publication does not attempt to capture all of the differences between IFRSs and NL GAAP that may exist or that may be material to a particular company’s financial report.

  • ifrs-mfs-2018 Image
  • IFRS model financial statements 2018

    published 29 Nov 2018

    These financial statements illustrate the presentation and disclosure requirements of IFRSs for the year ended 31 December 2018 by an entity that is not a first-time adopter of IFRSs.

  • A Roadmap to Accounting for Share-Based Payment Awards (2018) Image
  • A Roadmap to Accounting for Share-Based Payment Awards (2018)

    published 28 Nov 2018

    This Roadmap provides Deloitte’s insights into and interpretations of the FASB’s guidance on share-based payment arrangements in ASC 718 (employee awards) and ASC 505-50 (nonemployee awards) as well as in other literature (e.g., ASC 260 and ASC 805).

  • Financial Reporting Alert 18-13 — Financial reporting considerations related to High Court of Justice ruling on equalization of U.K. pension benefits Image
  • Financial Reporting Alert 18-13 — Financial reporting considerations related to High Court of Justice ruling on equalization of U.K. pension benefits

    published 26 Nov 2018

    On 26 October 2018, the High Court of Justice in the United Kingdom (the “High Court”) issued a ruling (the “Court Ruling”) requiring Lloyds Bank plc to equalize benefits payable to men and women under its U.K. defined benefit pension plans by amending those plans to increase the pension benefits payable to participants that accrued such benefits during the period from 1990 to 1997. The inequalities arose from statutory differences in the retirement ages and rates of accrual of benefits for men and women related to Guaranteed Minimum Pension (GMP) benefits that are included in U.K. defined benefit pension plans. In its ruling, the High Court also provided details on acceptable alternative methods of amending plans to equalize the pension benefits. This Financial Reporting Alert addresses the Court Ruling’s accounting implications under U.S. GAAP for reporting entities that conclude that the ruling is applicable to their defined benefit pension plans. The alert also discusses considerations related to disclosures and IFRS® Standards.

  • A Roadmap to Foreign Currency Transactions and Translations (2018) Image
  • A Roadmap to Foreign Currency Transactions and Translations (2018)

    published 26 Nov 2018

    This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance under ASC 830 and IFRS Standards (in Chapter 10). While the guidance in ASC 830 has not changed significantly over the years, the application of the existing framework has continued to evolve as a result of the increasing interdependence and complexity of international economies and companies' legal structures. This Roadmap reflects guidance that is effective for annual reporting periods beginning on or after 1 January 2018.

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