IFRS doesn’t have specific guidance on transactions with shareholders. This post explores the accounting for intercompany loans under IFRS 9.
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This post discusses the accounting for common area maintenance charges (CAM) and property taxes under the new lease accounting standards.
Don’t guess which financial statement areas the inspectors will review! This post gives you a top 5 “hit list” per review of PCAOB inspection reports!
Are you properly disclosing related party transactions in accordance with U.S. GAAP (ASC 850) and IFRS (IAS 24)? Find out in this post.
Are you doing enough to audit related party transactions? This post explores the requirements set out in AS 2410.
Using a "real-life" example, this post explores the revenue recognition criteria related to principal vs agent determination under ASC 606.
The revenue recognition criteria within ASC 606 and IFRS 15 focuses on control (as opposed to risks and rewards), but does it matter?
Accounting for shipping and handling is changing under the new revenue recognition standard (ASC 606), creating a new difference with IFRS.
This post covers the identification of hyperinflationary economies under IFRS (IAS 29) with comparisons to U.S. GAAP (ASC 830).
How is impairment of long-lived assets accounted for under ASC 360? This post discusses the various requirements.
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