Accounting in life sciences is ever-evolving, with new challenges surfacing and business priorities shifting every day. Deloitte’s 2025 Life Sciences Industry Accounting Guide can help accounting teams address the unique set of issues they face.
Finance and accounting professionals in the life sciences industry face complex issues specific to their organization’s needs and priorities. Accounting teams must exercise significant judgment in applying existing rules to matters related to revenue recognition, research and development, acquisitions, financial instruments, and contingencies, among others.
The 2025 edition of Deloitte’s Life Sciences Industry Accounting Guide is here to help bring clarity. As an accounting manual for pharmaceutical companies and others in the life sciences industry, professionals can use the guide throughout the year to address established accounting or reporting issues like these and others. They can also learn how to handle trends in the industry like environmental, social, and governance (ESG) reporting and the potential financial reporting impact of the Inflation Reduction Act (IRA).
Download the full life sciences guide or explore the highlights and downloads for individual sections below.
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