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US GAAP Plus: Year in review — 2016

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Dec 29, 2016

US GAAP Plus turned three in September.

Over the past year, we expanded our collection of U.S. GAAP/IFRS comparisons, which highlight the key differences between the two sets of accounting standards, to include 23 topics (and counting!).

In addition, our overall visitor numbers grew exponentially, and our Twitter followers (@DeloitteAcctg) received regular updates about the content on US GAAP Plus and other financial reporting Web sites.

Our most popular pages remain our accounting standards summaries, but interest in our news, publications, resource pages, and project summaries continues to be high.

Our 10 most popular stories of 2016
  1. FASB issues ASU on share-based payments (March).
  2. IASB issues new leasing standard (January).
  3. FASB issues ASU on leases (February).
  4. FASB issues new standard on impairment of financial instruments (June).
  5. FASB issues ASU on principal versus agent considerations (March).
  6. FASB issues guidance on certain cash flow classification issues (August).
  7. FASB issues ASU rescinding certain SEC guidance (May).
  8. IASB amends insurance contracts standard (September).
  9. FASB clarifies guidance on licensing and identifying performance obligations (April).
  10. FASB clarifies revenue guidance on practical expedients (May).
Our 10 most popular publications of 2016
  1. Heads Up — FASB’s new standard brings most leases onto the balance sheet (March).
  2. Heads Up — FASB issues final standard on accounting for credit losses (June).
  3. Heads Up — Frequently Asked Questions about ASU 2016-09 (June).
  4. A Roadmap to applying the new revenue recognition standard (September).
  5. Heads Up — SEC urges companies to take a fresh look at their non-GAAP measures (May).
  6. A Roadmap to the preparation of the statement of cash flows (March).
  7. Financial Reporting Alert 16-1 — Financial reporting considerations related to the UK’s vote to leave the EU (June).
  8. Heads Up — Controls and non-GAAP measures (July).
  9. Heads Up — FASB amends guidance on classification and measurement of financial instruments (January).
  10. Heads Up — FASB simplifies the accounting for share-based payments (April).

We wish you a happy and safe New Year. We look forward to bringing you the latest financial reporting news in 2017.

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