IFRS Perspectives

Lease modifications – definition and accounting

Understanding the guidance in IFRS 16 on accounting for lease modifications by both lessees and lessors.

The new revenue standard, one year after adoption

Revenue recognition post-implementation observations.

Borrowing costs: Top 10 differences between IFRS Standards and US GAAP

Differences on the capitalization of borrowing costs under IAS 23 and interest costs under US GAAP.

Implementation of IFRS 16, leases

Lessons we’ve learned.

IFRS Perspectives - May 2019

KPMG's latest update on current IFRS issues: cloud computing costs, IFRS IC agenda decisions, government grants and new IFRS standards.

IFRS Perspectives - February 2019

KPMG’s latest update on current IFRS issues: IESBA implications, IFRS 9 challenges and accounting for legal claims.

IFRS Perspectives - November 2018

KPMG’s latest update on current IFRS issues: definition of a business, being acquired by an IFRS company and income statement presentation.

IFRS Perspectives - August 2018

KPMG’s latest update on current IFRS issues: implications of the new leases standard, IFRS 9 disclosures and restructuring costs.

IFRS Perspectives - May 2018

KPMG’s latest update on current IFRS issues: US tax reform impact on M&A, IFRS 15 implementation and impairment of equity method investees.

IFRS Perspectives - February 2018

KPMG’s latest update on current IFRS issues: impact of US tax reform and accounting for income taxes under IFRS vs US GAAP.

IFRS Perspectives - November 2017

KPMG’s latest update on current IFRS issues: IFRIC 23, accounting for PP&E, hyperinflationary economies, hedge accounting and leases implementation.

IFRS Perspectives - August 2017

KPMG’s latest update on current IFRS issues: IFRS 16 vs. ASC 842, insurance, IFRS 9 impairment model, going public in Canada and R&D costs.

IFRS Perspectives - May 2017

KPMG’s latest update on current IFRS issues: Non-GAAP measures, Brexit, IFRS 15, combined/carve-out financials and liability/equity classification.

IFRS Perspectives - February 2017

KPMG’s latest update on current IFRS issues: IFRS in the US and Japan, converting to IFRS, Revenue and IAS 1 vs. ASC 470.