Financial Reporting Insights - June 22, 2015
In this issue, Diana De Acetis, a partner in our National Services Group, provides additional insights that build on her previous editorial published in an earlier edition of Financial Reporting Insights. This article provided a high-level overview of the two new standards dealing with the accounting of interests in other entities by private enterprises. If you missed the part I overview, which focused on joint arrangements, please click here. In this piece, Diana describes the new accounting and presentation requirements for investments in subsidiaries.