Preparing to adopt the amendments include several steps, such as validating and updating an organization’s inventory of legal entities and updating its financial statement disclosures. This Roadmap provides an overview of the FASB’s authoritative guidance on the issuer’s accounting for debt arrangements as well as Deloitte’s insights into and interpretations of how to apply that guidance in practice. 5. 4. Welcome to ComplianceWeek.com. Menu . This Roadmap reflects guidance that is effective for annual reporting periods beginning on or after January 1, 2020. Please install the latest version of Internet Explorer or Chrome. A Roadmap to SEC Reporting Considerations for Equity Method Investees. A Roadmap to Distinguishing Liabilities From Equity. We have new and used copies available, in 0 edition - starting at . Biden Defense Team Needs To Speed Consolidation Of Pentagon’s Vulnerable Cloud Architecture Loren Thompson Senior Contributor Opinions … The 2020 edition reflects recent developments related to non-GAAP measures, including the SEC’s January 2020 interpretive release that provides guidance on the disclosure and use of key performance indicators and metrics. To find the text in the Roadmap that corresponds to a former Q&A, select the “Consolidation” tab at the bottom of the Q&A to Roadmap Quick Reference Guide and search for the Q&A’s number or title. This 164-page guide deals mainly with accounting for business combinations under IFRS 3(2008). For ease of reference, we have accompanied our discussion with the related authoritative text. By looking more deeply into your business, Deloitte Consulting LLP helps bring bold strategies to life in unexpected ways. Handbook: Consolidation September 30, 2020. Other features include (1) an update on the SEC’s priorities; (2) a summary of comment letter trends related to the top 10 topics of frequent comment in the 12-month period ended July 31, 2019; and (3) topics of focus related to disclosures associated with financial statement accounting, SEC reporting, initial public offerings, foreign private issuers, and industry-specific matters. While the discussion focuses primarily on the complexities of identifying whether a legal entity is a variable interest entity (VIE) and whether a reporting entity should consolidate the VIE, it also addresses the voting interest entity model and provides a framework for its application. While the discussion focuses In each of these areas, Deloitte has a specialist team available to assist. Consolidation is an important and current theme within the investment industry. Shop now. DELOITTE CEO ANNOUNCES US$20 BILLION REVENUES FOR FY2006 AND SEES MORE CONSOLIDATION AMONG SMALL TO MEDIUM SIZED FIRMS Buenos Aires - 16 October 2006. FASB Accounting Standards Codification Manual, SEC Rules & Regulations (Title 17 — Commodity and Securities Exchanges), Trust Services Principles, Criteria, and Illustrations, Principles and Criteria for XBRL-Formatted Information, Audit and Accounting Guides & Audit Risk Alerts, Other Publications, Press Releases, and Reports, Dbriefs Financial Reporting Presentations, Business Combinations — SEC Reporting Considerations, Consolidation — Identifying a Controlling Financial Interest, Contingencies, Loss Recoveries, and Guarantees, Environmental Obligations and Asset Retirement Obligations, Equity Method Investments and Joint Ventures, Equity Method Investees — SEC Reporting Considerations, Foreign Currency Transactions and Translations, Guarantees and Collateralizations — SEC Reporting Considerations, Impairments and Disposals of Long-Lived Assets and Discontinued Operations, SEC Comment Letter Considerations, Including Industry Insights, Roadmaps Currently Available Only as a PDF. Forecasts an increase of revenues of 12.5% for FY2007 Deloitte guide to IFRS 3 and IAS 27 In July 2008, the Deloitte IFRS Global Office has published Business Combinations and Changes in Ownership Interests: A Guide to the Revised IFRS 3 and IAS 27 . The body of this Roadmap combines the requirements in FASB Accounting Standards Update No. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. This Roadmap equips entities with the knowledge to meet these challenges head on. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited ("DTTL"), its global network of member firms, and their related entities. The global convergence towards International Financial Reporting Standards (IFRS) continuously influences the development of German statutory accounting and reporting requirements (German GAAP). This Roadmap is intended to help entities navigate the accounting guidance, reduce complexity, and arrive at appropriate accounting conclusions. Published on: 05 Jan 2012 Deloitte (Spain) has published Plan General de Contabildad y Normas de Consolidatión Guía de bolsillo, an updated pocket guide to Spanish GAAP applicable to individual companies and unlisted consolidated groups (listed consolidated groups are subject to IFRSs as adopted by the EU).. guide to navigating the frequently complex consolidation accounting models. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. Welcome to the Deloitte Accounting Research Tool (DART). Deloitte are experts in audit business having over 180,000 employees. The body of the Roadmap combines the requirements in ASC 842 with Deloitte’s interpretations and examples in a comprehensive, reader-friendly format. This Roadmap provides Deloitte’s insights into and interpretations of the income tax accounting guidance in ASC 740. Deloitte Chicago. According to Deloitte, 30% of shale operators are technically insolvent with oil prices at $35 and 20% have "stressed financials." DTTL (also referred to as "Deloitte Global") does not provide services to clients. A Roadmap to Accounting for Noncontrolling Interests. Deloitte Financial Consolidation app is an ALM ready app with project-ready and deployable readiness where in multiple environments – Dev and Prod can be handled This is crucial as there are on-going fixes that need to be incorporated while the production environment is live, with no changes to Prod environment while those fixes are being made Tools. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). Deloitte guide to IFRS 3 and IAS 27 In July 2008, the Deloitte IFRS Global Office has published Business Combinations and Changes in Ownership Interests: A Guide to the Revised IFRS 3 and IAS 27 . It 2016-13, Measurement of Credit Losses on Financial Instruments (codified in ASC 326), with Deloitte’s interpretations and examples in a comprehensive, reader-friendly format. Deloitte, is the leading professional services firms worldwide, provides audit, tax, consulting and financial advisory services to a wide range of LATAM and international clients. Deloitte Touche Tohmatsu Limited / d ə ˈ l ɔɪ t ˈ t uː ʃ t oʊ ˈ m ɑː t s uː /, commonly referred to as Deloitte, is an Anglo-American multinational professional services network. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. It breaks down the requirements in ASC 810 and reconstructs them in a logical narrative, making them easier to understand and apply. 111 S. Wacker Drive Suite 1800 Chicago, IL 60606-4301 United States. Appendix G of the Roadmap highlights new content in the 2020 edition as well as substantive revisions to previous text. DTTL does not provide services to clients. A Roadmap to Impairments and Disposals of Long-Lived Assets and Discontinued Operations (October 2020). This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance under ASC 830 and IFRS Standards (in Chapter 10). Although this Roadmap does not capture all the differences that exist between the two sets of standards, it focuses on differences that are commonly found in practice. The current Plan General de Contabilidad (Spanish National Chart of Accounts) … This Roadmap is intended to help readers navigate some of the questions that may arise in the application of the SEC’s March 2020 final rule that amends the disclosure requirements related to certain registered securities under SEC Regulation S-X, Rules 3-10 and 3-16. A Roadmap to Accounting for Contingencies, Loss Recoveries, and Guarantees (October 2020). In addition, as the FASB and IASB continue to converge their guidance on revenue recognition, many entities have begun to assess how the proposed changes may affect them. application. The guide will then be saved to your iBooks app for future access. A Roadmap to Consolidation — Identifying a Controlling Financial Interest. This Roadmap provides Deloitte’s insights into and interpretations of the guidance on noncontrolling interests, primarily that in ASC 810-10 and ASC 480-10-S99. Amazon.ae: Consolidation of the Companies Act, 1985: A Commentary and Guide: Deloitte Haskins & Sells: Coopers & Lybrand Deloitte A Roadmap to Applying the New Leasing Standard. 1111 Bagby St. Suite 4500 Houston, TX 77002-2591 United States. This site uses cookies.Read our policy.. OK. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. Multiple-Element Arrangements — A Roadmap to Applying the Revenue Recognition Guidance in ASU 2009-13. Accordingly, this Roadmap addresses financial reporting, accounting, and auditing considerations to help companies navigate challenges related to preparing an IPO registration statement and ultimately going public. 1. primarily on the complexities of identifying whether a legal entity is a variable A Roadmap to the Preparation of the Statement of Cash Flows, This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance on the statement of cash flows, primarily that in ASC 230, “Statement of Cash Flows.”, Transfers and Servicing of Financial Assets. The Deloitte International Tax Source (DITS) is an online database featuring tax rates and information for 66 jurisdictions worldwide and country tax highlights for more than 130 jurisdictions. Has its presence in over 150 countries. 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. Clear Search . The 2020 edition of this Roadmap includes several new discussions, as well as some modifications to previously expressed views, to reflect our latest thinking and input from standard setters and regulators. As software technology continues to evolve, entities are continually confronting new challenges in recognizing revenue for software arrangements. Consolidation Decision Trees 4 Section 1 — Overview of the Consolidation Models 6 1.1 Which Consolidation Model to Apply 6 1.1.2 Is There a Legal Entity?