Shop now. The global convergence towards International Financial Reporting Standards (IFRS) continuously influences the development of German statutory accounting and reporting requirements (German GAAP). The tool used to consolidate is as much important as your process. Copyright © 2020 Deloitte Development LLC. Deloitte’s U.S.-booked air volume rose 13 percent in 2018 from 2017’s $495.1 million, while U.S. T&E rose 14 percent. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. Designed to increase your visibility into how we can best solve your business challenges, Deloitte OnLine enriches the interaction between your team and ours. All rights reserved. A Roadmap to the Preparation of the Statement of Cash Flows, This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance on the statement of cash flows, primarily that in ASC 230, “Statement of Cash Flows.”, Transfers and Servicing of Financial Assets. This Roadmap equips entities with the knowledge to meet these challenges head on. We have new and used copies available, in 1 editions - starting at $6.73. Handbook: Consolidation September 30, 2020. Copyright © 2020 Deloitte Development LLC. 2016-13, Measurement of Credit Losses on Financial Instruments (codified in ASC 326), with Deloitte’s interpretations and examples in a comprehensive, reader-friendly format. Financial strain, new modes of care delivery to drive provider consolidation through 2030 As a result of rapid consolidation, the 10 biggest health … breaks down the requirements in ASC 810 and reconstructs them in a logical IFRS 10 was issued in May 2011 and applies to annual periods beginning on or after 1 January 2013. guide to navigating the frequently complex consolidation accounting models. A Roadmap to Non-GAAP Financial Measures and Metrics. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). IFRS 10 outlines the requirements for the preparation and presentation of consolidated financial statements, requiring entities to consolidate entities it controls. Download our Ultimate Assessment Day & Interview Guide 2021 here. 7 1.1.3 Does a Scope Exception Apply? FASB Accounting Standards Codification Manual, SEC Rules & Regulations (Title 17 — Commodity and Securities Exchanges), Trust Services Principles, Criteria, and Illustrations, Principles and Criteria for XBRL-Formatted Information, Audit and Accounting Guides & Audit Risk Alerts, Other Publications, Press Releases, and Reports, Dbriefs Financial Reporting Presentations, Business Combinations — SEC Reporting Considerations, Consolidation — Identifying a Controlling Financial Interest, Contingencies, Loss Recoveries, and Guarantees, Environmental Obligations and Asset Retirement Obligations, Equity Method Investments and Joint Ventures, Equity Method Investees — SEC Reporting Considerations, Foreign Currency Transactions and Translations, Guarantees and Collateralizations — SEC Reporting Considerations, Impairments and Disposals of Long-Lived Assets and Discontinued Operations, SEC Comment Letter Considerations, Including Industry Insights, Roadmaps Currently Available Only as a PDF. 4. The 2020 edition of this Roadmap includes several new discussions and eliminates certain guidance that is no longer relevant because of the effective dates of several ASUs. This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance in ASC 450 on loss contingencies, gain contingencies, and loss recoveries. Consolidation; Once the PDF opens, click on the Action button, which appears as a square icon with an upwards pointing arrow. This Roadmap provides Deloitte’s insights into and interpretations of the guidance on accounting for equity method investments and joint ventures. Deloitte also states that while these requirements do apply the vast majority of the time, they will occasionally adjust them to reflect extenuating circumstances. ... • consolidation outcomes for entities that were previously within the scope of SIC-12 can change because: – exposure to risks and rewards is only an indicator of control under IFRS 10 and is not Deloitte Chicago. 7 1.1.5 Is the Legal Entity a VIE? A Roadmap to Comparing IFRS Standards and U.S. GAAP: Bridging the Differences (November 2020). This Roadmap provides Deloitte’s insights into and interpretations of the guidance on share-based payment arrangements in ASC 718 (employee and nonemployee awards) and ASC 505-50 (nonemployee awards before the adoption of ASU 2018-07) as well as in other literature (e.g., ASC 260 and ASC 805). A Roadmap to Accounting for Share-Based Payment Awards (2020). DELOITTE CEO ANNOUNCES US$20 BILLION REVENUES FOR FY2006 AND SEES MORE CONSOLIDATION AMONG SMALL TO MEDIUM SIZED FIRMS Buenos Aires - 16 October 2006. In addition, the Roadmap highlights (1) the requirements of ASC 842 that significantly differ from those in ASC 840 and IFRS 16 and (2) recent standard-setting developments (through the May 20, 2020, FASB meeting). In addition, as the FASB and IASB continue to converge their guidance on revenue recognition, many entities have begun to assess how the proposed changes may affect them. A Roadmap to Impairments and Disposals of Long-Lived Assets and Discontinued Operations (October 2020). Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). Preparing to adopt the amendments include several steps, such as validating and updating an organization’s inventory of legal entities and updating its financial statement disclosures. Deloitte Financial Consolidation App contains reports that helps clients adopt a step by step approach to see the differences in GL accounts compared to a previous year Users in a single DB, can drill down to multiple reports to identify what are the main sources of differences – including type of journal, GL account details and also Entity Perform financial consolidation in your SAP S/4HANA system! From within the action menu, select the "Copy to iBooks" option. With this guide to SAP S/4HANA Finance for group reporting, learn about the new group reporting architecture and data model. This Roadmap provides an overview of the guidance in ASC 815-40 as well as insights into and interpretations of how to apply it in practice. As employee, whether straight out of school or experienced, this forms the best possible foundation of obtaining M&A experience from day one. topics of broad interest to the financial reporting community. A Roadmap to Accounting for Environmental Obligations and Asset Retirement Obligations. The firm brought in $17 billion in revenue in 2018. While the discussion focuses primarily on the complexities of identifying whether a legal entity is a variable interest entity (VIE) and whether a reporting entity should consolidate the VIE, it also addresses the voting interest entity model and provides a framework for its application. This Roadmap is a comprehensive 111 S. Wacker Drive Suite 1800 Chicago, IL 60606-4301 United States. Provides a brief overview of what outsourcing is, and describes Deloitte’s approaches to Outsourcing Advisory Services (OAS). Consolidation of the Companies Act, 1985: A Commentary and Guide: Amazon.es: Deloitte Haskins & Sells: Libros en idiomas extranjeros Biden Defense Team Needs To Speed Consolidation Of Pentagon’s Vulnerable Cloud Architecture Loren Thompson Senior Contributor Opinions … We have new and used copies available, in 0 edition - starting at . Comprehensive, easy-to-understand accounting guides on selected Consolidation of the Companies Act, 1985: A Commentary and Guide [Deloitte Haskins & Sells] on Amazon.com.au. This Roadmap provides an overview of the guidance in ASC 480-10 as well as insights into and interpretations of how to apply it in practice. The 2020 edition reflects recent developments related to non-GAAP measures, including the SEC’s January 2020 interpretive release that provides guidance on the disclosure and use of key performance indicators and metrics. This 164-page guide deals mainly with accounting for business combinations under IFRS 3(2008). For ease of reference, we have accompanied our discussion with the related authoritative text. ... Investment Manager Selection Guide (PRI, 2020) ... (Deloitte) This 24-page white paper from Deloitte discusses the future impact of technology upon global fund management businesses. This Roadmap provides Deloitte’s insights into and interpretations of the income tax accounting guidance in ASC 740. We hope that this publication will help readers navigate some of the more challenging aspects of the new credit losses standard. To find the text in the Roadmap that corresponds to a former Q&A, select the “Consolidation” tab at the bottom of the Q&A to Roadmap Quick Reference Guide and search for the Q&A’s number or title. 3. A Roadmap to the Issuer’s Accounting for Convertible Debt. also addresses the voting interest entity model and provides a framework for its 6.1 M&A strategy ... (COGS) through scale and consolidation efficiencies. This Roadmap provides an overview of the FASB’s authoritative guidance on the issuer’s accounting for debt arrangements as well as Deloitte’s insights into and interpretations of how to apply that guidance in practice. The current Plan General de Contabilidad (Spanish National Chart of Accounts) … Deloitte guide to IFRS 3 and IAS 27 In July 2008, the Deloitte IFRS Global Office has published Business Combinations and Changes in Ownership Interests: A Guide to the Revised IFRS 3 and IAS 27 . Big Permian Basin producer Diamondback Energy FANG announced a pair of big acquisitions designed to enhance its presence in America’s most active shale oil and gas basin on Monday. This Roadmap provides an overview of the requirements in ASC 470-20 related to convertible debt and our insights into and interpretations of how to apply them in practice. Welcome to the Deloitte Accounting Research Tool (DART). From within the action menu, select the "Copy to iBooks" option. Selecting and implementing consolidation tools. Consolidation of the Companies Act, 1985: A Commentary and Guide: Deloitte Haskins & Sells: Amazon.sg: Books (It's packed with tips, tricks and insider-secrets to help you succeed.) Deloitte has business –led and IT-enabled approach to the clients 2. As software technology continues to evolve, entities are continually confronting new challenges in recognizing revenue for software arrangements. The 2019 edition includes updates made on the basis of recent SEC activity and practice developments, including the SEC’s issuance of a proposed rule in May 2019 that would amend the financial statement requirements for acquisitions and dispositions of businesses, including real estate operations, and related pro forma financial information. Consolidation is an important and current theme within the investment industry. A guide to Mergers and Acquisitions in the UK ... considerations. interest entity (VIE) and whether a reporting entity should consolidate the VIE, it This Roadmap is a comprehensive guide to navigating the frequently complex consolidation accounting models. Control requires exposure or rights to variable returns and the ability to affect those returns through power over an investee. Deloitte S.C. is part of the Deloitte Touche Tohmatsu Limited network. Its monthly adoption rate for online bookings in the U.S. reached as high as 75 percent in 2018, beating the 2017 record of 74 percent. FIN 46 changed consolidation profoundly by introducing a new concept: control exercised through economic power. Information Technology Reduce IT costs by … A Roadmap to SEC Reporting Considerations for Business Combinations. Deloitte, is the leading professional services firms worldwide, provides audit, tax, consulting and financial advisory services to a wide range of LATAM and international clients. This 164-page guide deals mainly with accounting for business combinations under IFRS 3(2008). It breaks down the requirements in ASC 810 and reconstructs them in a logical narrative, making them easier to understand and apply. Other features include (1) an update on the SEC’s priorities; (2) a summary of comment letter trends related to the top 10 topics of frequent comment in the 12-month period ended July 31, 2019; and (3) topics of focus related to disclosures associated with financial statement accounting, SEC reporting, initial public offerings, foreign private issuers, and industry-specific matters. Clear Search . Because the accounting for environmental obligations and AROs will vary depending on the laws and regulations governing such obligations, this publication provides an overview of some of the applicable federal and state environmental laws and regulations in the United States and describes the application of the accounting guidance within the relevant legal framework. Appendix G of the Roadmap summarizes the key changes made in the 2020 edition and maps prior Roadmap Q&As to current Roadmap sections. This Roadmap is intended to help readers navigate some of the questions that may arise in the application of the SEC’s March 2020 final rule that amends the disclosure requirements related to certain registered securities under SEC Regulation S-X, Rules 3-10 and 3-16. A Roadmap to Accounting for Business Combinations. A Roadmap to Accounting for Contracts on an Entity’s Own Equity. Deloitte New York (HQ) New York – National Office 30 Rockefeller Plaza, 41st Floor New York, NY 10112-0015 United States. Appendix B includes a disclosure checklist for the alternative disclosures for guaranteed securities, and Appendix C includes a comprehensive example of such disclosures. This edition combines the SEC’s guidance on non-GAAP measures with Deloitte’s interpretations and examples in a comprehensive, reader-friendly format. The Deloitte International Tax Source (DITS) is an online database featuring tax rates and information for 66 jurisdictions worldwide and country tax highlights for more than 130 jurisdictions. Topics discussed include the basic principles of a carve-out transaction, accounting and disclosure guidance on common balance sheet and income statement items included in carve-out financial statements, and SEC reporting topics that entities should take into account when preparing IPO and other SEC filings. DTTL (also referred to as "Deloitte Global") and each of its member firms are legally separate and independent entities. The 2020 edition includes new guidance and examples that reflect recent standard-setting and SEC developments. The guide will then be saved to your iBooks app for future access. A Roadmap to Consolidation — Identifying a Controlling Financial Interest. Deloitte Consulting | 182,112 followers on LinkedIn. Roadmap-Consolidation of Variable Interest Entities_Deloitte 0310 - Free ebook download as PDF File (.pdf), Text File (.txt) or read book online for free. By looking more deeply into your business, Deloitte Consulting LLP helps bring bold strategies to life in unexpected ways. This publication breaks down the requirements in ASC 8101 and reconstructs them in a logical narrative, making them easier to understand and apply. We are pleased to present the 2020 edition of A Roadmap to Accounting for Current Expected Credit Losses. Has its presence in over 150 countries. On September 20, 2017, the FASB issued for public comment a proposed ASU 1 that would reorganize the consolidation guidance in ASC 8102 by creating a new Codification topic, ASC 812, with separate sections for the guidance on (1) the variable interest entity (VIE) model and (2) the voting interest entity model. It breaks down the requirements in ASC 810 and reconstructs them in a logical narrative, making them easier to understand and apply. Yet, taking time to develop KPIs for the new entity, a streamlined consolidation process, a well-defined reporting strategy, and a vision for planning and budgeting can lay a strong foundation and maintain momentum after Day One. 7 1.1.4 Does the Reporting Entity Hold a Variable Interest in the Legal Entity? The guide will then be saved to your iBooks app for future access. Accordingly, this Roadmap addresses financial reporting, accounting, and auditing considerations to help companies navigate challenges related to preparing an IPO registration statement and ultimately going public. We hope that this publication will enable entities to deal with some of the more challenging aspects of ASC 842. Consolidation Decision Trees 4 Section 1 — Overview of the Consolidation Models 6 1.1 Which Consolidation Model to Apply 6 1.1.2 Is There a Legal Entity? This was because the decision of whether to consolidate or not was based on ownership percentage and was relatively simple. This Roadmap provides Deloitte’s insights into and interpretations of the guidance on noncontrolling interests, primarily that in ASC 810-10 and ASC 480-10-S99. This Roadmap combines the SEC’s guidance on reporting for equity method investments with Deloitte’s interpretations (Q&As) and examples in a comprehensive, reader-friendly format. Please install the latest version of Internet Explorer or Chrome. About Deloitte & the Deloitte assessment centre. It This Roadmap is a comprehensive guide to navigating the frequently complex consolidation accounting models. This site uses cookies.Read our policy.. OK. narrative, making them easier to understand and apply. So, if you have a particularly good reason for why you do not have one or more of the entry requirements, Deloitte welcomes you to apply and will take your circumstances into account. Deloitte OnLine Is a client-focused website aimed at enhancing your communication and collaboration with the people of Deloitte. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited ("DTTL"), its global network of member firms, and their related entities. A Roadmap to Accounting for Equity Method Investments and Joint Ventures. This publication contains extracts of frequently issued SEC staff comments, analysis of those extracts, and links to resources that are relevant to SEC filers. The Guide makes extensive references to ‘special purpose entities’ (SPEs). DTTL (also referred to as "Deloitte Global") does not provide services to clients. A Roadmap to Accounting for Contingencies, Loss Recoveries, and Guarantees (October 2020). This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance on environmental obligations in ASC 410-30 and asset retirement obligations (AROs) in ASC 410-20. This Roadmap provides an overview of the FASB’s authoritative guidance, as well as our insights and interpretations, on (1) the transferor’s and transferee’s accounting for a transfer of financial assets or servicing rights and (2) the servicer’s accounting for a right or obligation to service financial assets. Skip to main content; Skip to navigation A Roadmap to Fair Value Measurements and Disclosures (Including the Fair Value Option). This Roadmap reflects guidance that is effective for annual reporting periods beginning on or after January 1, 2020. DTTL and each of its member firms are legally separate and independent entities. The annual December conference of the American Institute of Certified Public Accountants (AICPA) included in-depth discussions on revenue recognition, lease accounting, and consolidation issues, as well as updates on blockchain and environmental, social, and governance reporting. According to Deloitte, 30% of shale operators are technically insolvent with oil prices at $35 and 20% have "stressed financials." Welcome to ComplianceWeek.com. A detailed discussion of accounting guidance and related considerations can be found in Deloitte’s “Securitization Accounting,” 11th edition. (July 2020), FASB Accounting Standards Codification Manual, SEC Rules & Regulations (Title 17 — Commodity and Securities Exchanges), Trust Services Principles, Criteria, and Illustrations, Principles and Criteria for XBRL-Formatted Information, Audit and Accounting Guides & Audit Risk Alerts, Other Publications, Press Releases, and Reports, Dbriefs Financial Reporting Presentations, Business Combinations — SEC Reporting Considerations, Consolidation — Identifying a Controlling Financial Interest, Contingencies, Loss Recoveries, and Guarantees, Environmental Obligations and Asset Retirement Obligations, Equity Method Investments and Joint Ventures, Equity Method Investees — SEC Reporting Considerations, Foreign Currency Transactions and Translations, Guarantees and Collateralizations — SEC Reporting Considerations, Impairments and Disposals of Long-Lived Assets and Discontinued Operations, Multiple-Element Arrangements — A Roadmap to Applying the Revenue Recognition Guidance in ASU 2009-13, Qualitative Goodwill Impairment Assessment — A Roadmap to Applying the Guidance in ASU 2011-08, SEC Comment Letter Considerations, Including Industry Insights, Software Revenue Recognition — A Roadmap to Applying ASC 985-605, Transfers and Servicing of Financial Assets, Roadmaps Currently Available Only as a PDF. A Roadmap to SEC Reporting Considerations for Guarantees and Collateralizations. Appendix F of the Roadmap summarizes the changes made in the 2019 edition. 1111 Bagby St. Suite 4500 Houston, TX 77002-2591 United States. A Roadmap to SEC Comment Letter Considerations, Including Industry Insights. Although this Roadmap does not capture all the differences that exist between the two sets of standards, it focuses on differences that are commonly found in practice. This Roadmap provides Deloitte’s insights into and interpretations of the guidance in ASC 280. The body of this Roadmap combines the requirements in FASB Accounting Standards Update No. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. Buy Consolidation of the Companies Act, 1985: A Commentary and Guide by Deloitte,Haskins & Sells online at Alibris. A Roadmap to Foreign Currency Transactions and Translations. Deloitte is one of the Big Four accounting organizations and the largest professional services network in the world by revenue and number of professionals, with headquarters in London, United Kingdom. It breaks down the requirements in ASC 810 and reconstructs them in a logical narrative, making them easier to understand and apply. application. This Roadmap combines the SEC’s guidance on reporting for business acquisitions — including acquisitions of real estate operations and pro forma financial information — with Deloitte’s interpretations (Q&As) and examples in a comprehensive, reader-friendly format. The 2020 edition of this Roadmap includes several new discussions, as well as some modifications to previously expressed views, to reflect our latest thinking and input from standard setters and regulators. A Roadmap to Accounting for Current Expected Credit Losses. The days leading up to Day One in a merger may not seem like a good time to think about long-term solutions. The 2020 edition includes several new and revised examples as well as some modifications to previously expressed views to reflect our latest thinking and input from standard setters and regulators. This Roadmap provides Deloitte’s insights into and interpretations of the guidance in ASC 606 on revenue from contracts with customers, the cost guidance in ASC 340-40, and the guidance in ASC 610-20 on gains and losses on transfers of nonfinancial and in-substance nonfinancial assets to noncustomers. Deloitte has been appointed a strategic partner in Malaysia, offering Sigma Conso solutions and services to optimise financial consolidation and reporting process in organisations. All rights reserved. Deloitte Houston. select the “Consolidation” tab at the bottom of the, Be sure to check out other titles in Deloitte’s. This Roadmap replaces the Deloitte Q&As that were contained in Tools. Deloitte Accounting Research Tool. Multiple-Element Arrangements — A Roadmap to Applying the Revenue Recognition Guidance in ASU 2009-13. 2 Phase 2 – Prepare 16 A Roadmap to the Issuer's Accounting for Debt. primarily on the complexities of identifying whether a legal entity is a variable DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. A Roadmap to SEC Reporting Considerations for Equity Method Investees. This Roadmap is a comprehensive guide to navigating the frequently complex consolidation accounting models. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. Proceed to site anyway, with a sub-optimal experience ASC 480-10 requires (1) issuers to classify certain types of shares of stock and certain share-settled contracts as liabilities or, in some circumstances, as assets and (2) SEC registrants to classify certain types of redeemable equity instruments as temporary equity. Selecting and implementing the adequate consolidation tool according to the size of your group, the periodicity of your consolidation reporting and the complexity of your operations are some of the key factors to succeed in producing timely and accurate consolidated reports. Consolidation of the Companies Act, 1985: A Commentary and Guide: Deloitte Haskins & Sells: Amazon.sg: Books This Roadmap provides an overview of the accounting and disclosure guidance in ASC 820 and ASC 825 as well as insights into how to apply this guidance in practice. Control requires exposure or rights to variable returns and the ability to affect those returns through power over an investee. A Roadmap to Applying the New Leasing Standard. Deloitte Phoenix. Hospitals. Menu . Consolidation of the Companies Act, 1985: A Commentary and Guide In addition, we have reorganized much of the Roadmap’s content (e.g., by reformatting the Q&As of last year’s edition as narrative text) to present it in a more user-friendly manner. Globalization will drive future consolidation among smaller firms. Prior to FIN 46R, now incorporated into ASC 810, consolidation was a largely mechanical process. Appendix G of the Roadmap highlights new content in the 2020 edition as well as substantive revisions to previous text. Deloitte is amongst the "Big Four" professional services firm. Deloitte Ireland LLP is a limited liability partnership registered in Northern Ireland with registered number NC1499 and its registered office at 19 Bedford Street, Belfast BT2 7EJ, Northern Ireland. Amazon.ae: Consolidation of the Companies Act, 1985: A Commentary and Guide: Deloitte Haskins & Sells: Coopers & Lybrand Deloitte To find the text in the Roadmap that corresponds to a former Q&A, A Roadmap to Consolidation — Identifying a Controlling Financial Interest IFRS 10 was issued in May 2011 and applies to annual periods beginning on or after 1 January 2013. Amazon.ae: Consolidation of the Companies Act, 1985: A Commentary and Guide: Deloitte Haskins & Sells: Coopers & Lybrand Deloitte This Roadmap replaces the Deloitte Q&As that were contained in ASC 810. Buy Consolidation of the Companies Act, 1985: A Commentary and Guide by Deloitte,Haskins & Sells online at Alibris UK. Deloitte are experts in audit business having over 180,000 employees. This Roadmap is intended to help entities navigate the accounting guidance, reduce complexity, and arrive at appropriate accounting conclusions. The FASB’s amended consolidation model significantly changes the consolidation analysis required in ASC 810 and could result in significant impacts to the consolidation conclusions of reporting entities. Consolidation; Once the PDF opens, click on the Action button, which appears as a square icon with an upwards pointing arrow. Forecasts an increase of revenues of 12.5% for FY2007 A Roadmap to Accounting and Financial Reporting for Carve-Out Transactions. In addition, the 2020 edition of this publication contains a new chapter on the accounting guidance in ASC 460 on guarantees. Deloitte is a worldwide brand which has thousands of independent firms who collaborate to provide financial services such as audits and risk analyses. 5. More than 240,000+ people are employed with Deloitte… A Roadmap to Accounting for Noncontrolling Interests. This Roadmap summarizes key factors for entities to consider in preparing carve-out financial statements (i.e., financial statements derived from those of a larger parent entity). 7 1.2 The VIE Model 8 1. Deloitte Touche Tohmatsu Limited / d ə ˈ l ɔɪ t ˈ t uː ʃ t oʊ ˈ m ɑː t s uː /, commonly referred to as Deloitte, is an Anglo-American multinational professional services network. Shop now. *FREE* shipping on eligible orders. Quick Links . This publication represents a replacement of the 2019 publication A Roadmap to Disposals of Long-Lived Assets and Discontinued Operations and has been expanded to address the accounting for long-lived assets while classified as held and used. The Deloitte IFRS Global Office has published Business Combinations and Changes in Ownership Interests: A Guide to the Revised IFRS 3 and IAS 27. This Roadmap provides Deloitte’s insights into and interpretations of the guidance in ASC 805 on business combinations, pushdown accounting, common-control transactions, and asset acquisitions as well as an overview of related SEC reporting requirements. A Roadmap to Distinguishing Liabilities From Equity. Reflects guidance that is effective for annual Reporting periods beginning on or 1... Edition includes new guidance and related Considerations can be a complex, time-consuming, and arrive at appropriate conclusions... To consolidate entities it controls 10 outlines the requirements in ASC 280 ASC.... 1, 2020 copies available, in 0 edition - starting at Considerations, Including Industry insights for Debt! Up to Day One in a logical narrative, making them easier to understand and.! 1.2 the VIE Model 8 this Roadmap replaces the Deloitte Accounting Research.... An increasing high level of activity 46R, now incorporated into ASC.... Were contained in ASC 810 and reconstructs them in a comprehensive guide to navigating the complex... ( 2020 ) preparation and presentation of consolidated financial statements, requiring entities consolidate. And each of its member firms are legally separate and independent entities these challenges head on equips entities with related... Narrative, making them easier to understand and apply with some of the combines. Each of its member firms are legally separate and independent entities with Accounting for Contingencies, Recoveries. Once the PDF opens, click on the Action button, which as... Under ifrs 3 ( 2008 ) bring bold strategies to life in unexpected ways Reporting beginning! Business having over 180,000 employees bold strategies to life in unexpected ways architecture and Model... A logical narrative, making them easier to understand and apply purpose entities ’ ( SPEs ) through economic.... Helps bring bold strategies to life in unexpected ways covering variable interest entities and NCI York ( )... Asc 280 is a comprehensive example of such disclosures legally separate and independent.... Example of such disclosures 46 changed consolidation deloitte consolidation guide by introducing a new concept: control exercised economic. The data Monitor amongst the `` Copy to iBooks '' option Accounting guidance in 810! And the ability to affect those returns through power over an investee reference, have. Are experts in audit business having over 180,000 employees St. Suite 4500 Houston TX. Think about long-term solutions ) Does not provide services to clients 10 was issued in May 2011 and applies annual... 2019 edition 6.1 M & a strategy... ( COGS ) through scale and consolidation efficiencies Consulting... 17 billion in Revenue in 2018 –led and IT-enabled approach to the Issuer s! Group Reporting architecture and data Model to main content ; skip to this! Accounts ) … Deloitte Accounting Research Tool ( DART ) Tool used to consolidate entities controls! Has business –led and IT-enabled approach to the Issuer ’ s interpretations and that... Topics of broad interest to the presentation and Disclosure of Earnings per.!, Deloitte Consulting LLP helps bring bold strategies to life in unexpected ways edition combines requirements! National Office 30 Rockefeller Plaza, 41st Floor new York, NY 10112-0015 United States transactional data for using... `` Big Four '' professional services firm much important as your process new Revenue Recognition.. New content in the 2019 edition preparation and presentation of consolidated financial statements, requiring to... 2011 and applies to annual periods beginning on or after 1 January 2013 Industry insights with this guide to the... ” 11th edition referred to as `` Deloitte Global ” ) and each of its member are... The presentation and Disclosure of Earnings per Share as well as substantive revisions to previous text over 180,000.! The Differences ( November 2020 ) Q & as that were contained in 810... Areas, Deloitte has a specialist team available to assist leading up to Day One a... Are experts in audit business having over 180,000 employees $ 6.73 issued in May 2011 and applies annual! New and used copies available, in 0 edition - starting at $ 6.73 is as much important your... Offering ( IPO ) can be a complex, time-consuming, and Guarantees ( 2020. The days leading up to Day One in a logical narrative, making them easier to and! On or after 1 January 2013 COGS ) through scale and consolidation efficiencies consolidation — Identifying a Controlling financial.! Knowledge to meet these challenges head on the body of this publication summarizes the changes made by ASU 2009-13 to!, 2018 to FIN 46R, now incorporated into ASC 810 and reconstructs them in a logical,., 1985: a Commentary and guide [ Deloitte Haskins & Sells ] on Amazon.com.au using the data Monitor of... Oas ) to understand and apply it controls Bagby St. Suite 4500 Houston, TX 77002-2591 United.. Interest in the Legal Entity s insights into and interpretations of the income tax Accounting guidance in ASC.. In a comprehensive example of such disclosures into ASC 810 and reconstructs them in a logical,... Entities are continually confronting new challenges in recognizing Revenue for software Arrangements breaks down the requirements in ASC.... Roadmap summarizes the changes made in the Legal Entity of the process where are... A Roadmap to SEC Reporting Considerations for Equity Method Investees Roadmap highlights new content in the 2020 edition as as. Button, which appears as a square icon with an upwards pointing arrow as that were in... “ Securitization Accounting, ” 11th edition presentation of consolidated financial statements requiring... Measures with Deloitte ’ s Accounting for Current Expected Credit Losses is part of the Roadmap new. Floor new York ( HQ ) new deloitte consolidation guide, NY 10112-0015 United States substantive revisions to text. By introducing a new chapter on the Action menu, select the Copy... The Current Plan General de Contabilidad ( Spanish National Chart of Accounts ) … Deloitte Accounting Tool! Editions - starting at ( Including the Fair Value option ) this will... To provide financial services such as audits and risk analyses and describes Deloitte ’ s Accounting business... ) and each of its member firms are legally separate and independent.. Those returns through power over deloitte consolidation guide investee & as that were contained ASC! To FIN 46R, now incorporated into ASC 810, consolidation was a mechanical. The clients 2, IL 60606-4301 United States navigate the Accounting guidance in ASC 810, consolidation a! That is effective for annual Reporting periods beginning on or after January 1, 2020 Does not services... Of its member firms are legally separate and independent entities please install the latest version of Internet or... The Reporting Entity Hold a variable interest entities, voting interest entities, voting interest entities voting...... ( COGS ) through scale and consolidation efficiencies opens, click on the Action button, which as... Disclosures ( Including the Fair Value option ) the 2020 edition of a Roadmap Applying... Was issued in May 2011 and applies to annual periods beginning on or after 1 January 2013 a brand. '' option and apply 1985: a Commentary and guide [ Deloitte Haskins & Sells ] on.! 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