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Implementing the Latest Accounting Changes

Our Financial Accounting & Reporting (FA&R) group advises clients on the financial and accounting impacts of shifting regulations and changing accounting requirements, including the preparation of financial statements and regulatory filings. FA&R can specifically help clients adopt the latest accounting guidance by:

  • Evaluating many aspects of the adoption of new guidance, including accounting, tax, systems, processes, controls and organization change management
  • Designing and implementing an effective convergence transition solution, tailored to the specific circumstances of each organization by taking into account the diverse reporting requirements

More Featured insights

  • IFRS in your pocket
    This guide can help you understand IFRS and how its standards are being adopted around the world.
  • Revenue recognition: Operationalizing the proposed revenue recognition requirements
    Learn about some of the key considerations and challenges companies face while preparing to implement the potential new revenue standard, along with some effective first steps to consider as you begin to evaluate the implications for your organization.
  • The goodwill impairment dilemma: What happens when U.S. GAAP and IFRSs clash?
    For acquisitive companies, determining whether goodwill booked in transactions has become impaired and if it has, by how much, is now a fairly regular occurrence.
  • Implications for derivatives and hedge accounting under the Dodd-Frank Act
    This publication addresses some of the financial accounting impacts that companies will need to consider when adopting the clearing mandate in Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act, in particular whether to offset derivatives and collateral fair value amounts on their statement of financial positions, and other potential impacts on hedge accounting.

As used in this document, “Deloitte” means Deloitte & Touche LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

More Dig deeper

  • Securities and Exchange Commission (SEC) comment letters
    Access the latest reports.
  • Roadmap series
    Collection of accounting guidance.
  • Heads Up archive
    Accounting guidance.
  • US GAAP Plus
    News, publications and project updates.
  • Follow us on Twitter @DeloitteAcctg
    The latest accounting, financial reporting, regulatory and industry developments.

Industry perspectives

  • Industry Spotlight Series
    Industry perspectives on accounting and financial reporting developments.

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