IFRS Institute

Download KPMG’s ISG’s handbook on share-based payments under IFRS 2.

Download KPMG’s publication on leases transition options and KPMG’s illustrated guide to leases disclosures under IFRS.

KPMG’s in-depth comparison of the US GAAP accounting for uncertain tax treatments to IFRS includes examples to illustrate.

The general principles that drive the classification of a financial instrument as a financial liability or as equity under IFRS are outlined below.

IFRIC 23 clarifies how to account for income tax when it is unclear whether the taxing authority will accept the company’s tax treatment.

The IASB took a comprehensive approach in revising its hedge accounting guidance. Effective for most companies in 2018, IFRS 9 brings many welcomed changes.

While companies are making progress in their IFRS 16 implementation efforts, KPMG’s survey highlights the need for greater effort and a longer lead time than expected.

Accounting for foreign operations is often complex.

Complex assets often comprise multiple parts that need to be periodically replaced or overhauled during their useful lives.

The current/noncurrent classification of debt is important to investors because it changes a company’s working capital and liquidity portrayal.

Historically, Japanese Foreign Private Issuers (FPIs) have used US GAAP or JGAAP with a reconciliation to US GAAP. However, over the years IFRS has slowly but surely gained momentum in Japan.

IFRS and US GAAP have many subtle differences when accounting for provisions (loss contingencies) for legal claims.

The new accounting requirements for financial instruments impact all companies, not just banks.

The new standard will require fundamental accounting changes to how insurance contracts are measured and accounted for. It also differs significantly from US GAAP.

Implementing IFRS 9, and in particular its new impairment model, is the focus of many global banks, insurance companies and other financial institutions in 2017, in the run-up to the effective date.

More than 120 countries around the world have adopted IFRS, making IFRS a must-know for US companies that intend to attract foreign investors, are contemplating raising capital outside the United States, or that are engaged in cross-border M&A transactions.

Revisions to the IESBA International Code of Ethics may impact you or your company.

This article explores some of the financial reporting requirements for a company deciding whether to list on a Canadian stock market.

Under US GAAP, R&D costs within the scope of ASC 730 are expensed as incurred.

The new IFRS definition of a business could change when a transaction is an acquisition of assets or a business combination.

The IFRS income statement follows certain formatting requirements and options different from US GAAP.

Financial reporting implications for a US GAAP preparer acquired by an IFRS company.

KPMG’s ISG publication focuses on the IASB’s criteria for balancing the potential benefits and pitfalls of amending IFRS 17.

KPMG’s ISG publication outlines recent changes to IFRS 3 and clarifies how a business is defined under IFRS.