Big 4 revenue bragging season is officially underway with Deloitte being the first out of the gate. As used in this document, “Deloitte“ means Deloitte & Touche LLP, a Found insideIn this short book, The Basics of Financial Modeling—an abridgment of the Handbook of Financial Modeling—author Jack Avon equips business professionals who are familiar with financial statements and accounting reports to become truly ... Simplify the accounting for certain financial instruments with characteristics Quarterly Accounting Roundup by Magnus Orrell and Joseph Renouf, Deloitte & Touche LLP Welcome to Quarterly Accounting Roundup: Second Quarter — 2020. environmental, social, and governance (ESG) matters continue to be topics of focus Quarterly newsletter that briefly describes key regulatory and professional developments that occurred in the field of accounting. Subscribe to receive Accounting Roundup via e-mail. Simplifying the balance sheet classification of debt. Simplifying the issuer’s accounting for convertible instruments and contracts on an entity’s own equity. Friday News Roundup 21.09.03: Big Four jabs, CRA secrets, minimum taxes, wealth taxes and more Wrapping up the odds and ends in this week’s Canadian accounting news Chris’ primary areas of expertise are revenue recognition, leasing, accounting for cloud computing arrangements, business combinations, accounting for long lived assets, income taxes and CECL for commercial entities. Quarterly accounting roundup: Q3 2020 update on important developments. Quarterly accounting roundup: Q3 2021 update on important developments September 9, 2021 @ 1:00 pm - 2:00 pm EDT Participants of the live webinar will be eligible for 1 free CPE credit. dispositions of businesses, (5) expand qualifications for nonaccelerated filer status, nonfinancial assets. Matt Ellis, managing partner for tax and legal at Deloitte, said: “We don’t want to replicate a traditional law firm. contributions of cash or other financial assets,” and (2) disclose contributed In this book, contributors from a range of disciplines and locations investigate the impact of increased digital connectivity on people and places at the world's economic margins. – ESG, Agile computing, Software capitalization, FASB updates and other hot topics. As used in this document, “Deloitte“ means Deloitte & Touche LLP, a Please see. Host: Chris Chiriatti, managing director, Deloitte & Touche LLP 1.5 Overview CPE credits: Accounting Do you know what issues the standard-setters, regulators and stakeholders have been focused on lately? Accounting Roundup. Financial Reporting. Schools Details: Quarterly Accounting Roundup is prepared by members of Deloitte’s National Office. Defer the effective dates of the Board’s revenue and leasing standards for The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. G eneral Electric announced today that Deloitte was selected to replace KPMG as its auditor in a press release.. KPMG will complete its audit services for GE ending Dec. 31, 2020 and will file GE’s 2020 Annual Report on Form 10-K. KPMG and its predecessor firms have worked with GE since 1909, and GE accounts generated $80 million in revenue for the auditing firm last year. Found inside – Page 407Accounting Roundup Deloitte & Touche's Accounting Roundup newsletter summarizes the latest accounting regulations , SEC rules , and legislative activitý to ... The headlines for the first quarter of 2020 have been dominated by the emergence of the novel coronavirus disease 2019 (COVID-19) pandemic. 76% of finance professionals believe that digital assets “will serve as a strong alternative to, or outright replacement for, fiat currencies in the next 5-10 years,” according to Deloitte’s annual global blockchain survey. Host: Chris Chiriatti, Managing Director, Deloitte & Touche LLP, Presenters: Eric Knachel, Kristin Bauer, and Michael Shrago. Chris Cryderman is a partner in Deloitte & Touche's (Deloitte) National Office - Accounting and Reporting Services Group. The Accounting Standards Codification (ASC) is developed and maintained by the FASB. Leading beyond the disruption. Read the Spring 2021 issue now. Deloitte Insights app Go straight to smart with daily updates on your mobile device Weekly economic update See what's happening this week and the impact on your business By topic AI & cognitive technologies Analytics Blockchain Digital transformation Diversity & inclusion Economics Corporation Finance released two public statements that address (1) certain issues Clarify the interactions between the accounting for investments in equity Accounting for Income Taxes Quarterly | Deloitte US 2.3 Taxes Assessed in Lieu of Income Tax 9 2.4 Certain Entities Exempt From Income Taxes on the Basis of Legal Form 9 2.5 Hybrid Taxes 10 2.6 Accounting for Withholdings on Certain Payments (e.g., Dividends, Deloitte comment letter on FRED 78 'Draft amendments to FRS 102 and FRS 105 - Covid-19 related rent concessions beyond 30 June 2021' 05 May 2021. Quarterly Accounting Roundup is prepared by members of Deloitte’s National Office. The purpose of this publication is to briefly describe key regulatory and professional developments that have recently occurred in the field of accounting and to provide links to locations where additional information can be found on each topic. Our industry continues to face changing markets, new legislation, environmental initiatives, regulatory pressures, and emerging businesses and technologies. Register Join us for our 2021 quarterly accounting update webcast series. https://www.fasb.org/jsp/FASB/Page/LandingPage&cid=1176164637724, https://www2.deloitte.com/us/en/legal/terms-of-use.html. Recent positions on accounting and reporting of accounting and auditing standard-setters and regulators. Accounting firm Deloitte has received a $143,000 contract to conduct a wholesale review of the Cayman Islands Immigration … Copyright © 2021 Deloitte Development LLC. ... Chris is a managing director in … Accounting for Income Taxes Quarterly | Deloitte US 2.3 Taxes Assessed in Lieu of Income Tax 9 2.4 Certain Entities Exempt From Income Taxes on the Basis of Legal Form 9 2.5 Hybrid Taxes 10 2.6 Accounting for Withholdings on Certain Payments The auditors then assumed that Monsanto’s customers’ purchases of Roundup in 2009 were not … The civil case stems from criminal prosecutions against Paul Greenwood, 61, and Stephen Walsh, 64, who are accused of defrauding investors in their commodities Deloitte issued a new report on global fintech hubs, adding profiles on 24 new locations to watch including Sao Paulo, Mexico City, Indonesia, Lisbon, Milan, Prague and Warsaw. Some features on this page link to licensed products and are only available to logged-in members and students. Deloitte | 1 CPE | Quarterly accounting roundup: Q3 2021 update on important developments 1:00 pm - 2:00 pm Crowe | 1 CPE | Cybersecurity, privacy, and third-party management PwC's revenues It's earnings season for accounting firms, except it's really not "earnings"; rather it's just "revenues" and the rest of it is marketing. Quarterly Accounting Roundup by Magnus Orrell and Joseph Renouf, Deloitte & Touche LLP To our clients, colleagues, and other friends: Welcome to Quarterly Accounting Roundup: Second Quarter — 2021. CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): Welcome to the quarterly edition of Accounting Roundup. With respect to ESG, the Commission published a risk Quarterly accounting roundup: Q2 2021 update on important developments. Take a moment to tell us what you think by sending us an e-mail at accountingstandards@deloitte.com. Official positions are determined only after extensive deliberation and due process, including a formal vote. CAQ Issues Publication on the Value of the Audit Submitted by source on Wed, 07/14/2021 - 03:53 Read more about CAQ Issues Publication on the Value of the Audit In the first quarter of 2015, the FASB and IASB continued to focus on implementation issues associated with their May 2014 revenue standard (issued as ASU 2014-09 by the FASB and IFRS 15 by the IASB). Welcome to the quarterly edition of Accounting Roundup. alert detailing observations by the Division of Examinations of investment advisers’ Your trusted source for breaking news, analysis, exclusive interviews, headlines, and videos from thousands of independent global sources. June 7, 2021 @ 1:00 pm - 2:30 pm EDT Free. Accounting Roundup and EITF Roundup Deloitte & Touche’s Second Annual Audit Committee Symposium: Highlights and Insights On November 30, 2005, the PCAOB issued Release No. Please see. Found insideInside Knowledge provides practical guidance for women working in professional service firms who aspire to achieve their full potential in what have traditionally been male work environments. Further information about the standard setters can be found on their respective Accounting Roundup: Year in Review. In other domestic news, special-purpose acquisition companies (SPACs) and by Magnus Orrell and Joseph Renouf, Deloitte & Touche LLP. 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. Based on real-world practices and current thinking, the text's presentation of strategic management features an increased emphasis on the business model concept as a way of framing the issues of competitive advantage. Read the Spring 2021 issue now. Federal and State tax updates: current issues, IMA, September 2014 Chicago. This is the United Nations definitive report on the state of the world economy, providing global and regional economic outlook for 2020 and 2021. In addition, the FASB and IASB continued to make progress on their respective technical agendas. We’ve been monitoring their projects and hot topics and will discuss: Updates include: Economic and Industry Developments Legislative and Regulatory Developments Audit and Attestation Issues and Developments Revenue Recognition New Lease Standard Accounting for Financial Instruments Recent AICPA Independence ... private companies should consider before undertaking a business combination with a In this leading edge volume, Professor Burns focuses on the key role of the 'producers' as the main source of innovation in health systems. EisnerAmper gained a client and lost a client to break even for the quarter. is a vice president with the American Association of Individual Investors. DELOITTE – DEBRIEF Q2 2021 QUARTERLY ACCOUNTING ROUNDUP June 7 @ 1:00 pm - 2:30 pm. Visit Deloitte’s US GAAP Plus Web site for the latest accounting news and publications. The third quarter of 2014 was a busy one for the FASB, which issued an ASU on going concern and two ASUs based on EITF consensuses as well as proposals related to cloud computing and Codification technical corrections. Quarterly Accounting Roundup - dart.deloitte.com. I complained about accounting firms' reporting enough last month when Deloitte released its revenues so I'll spare you a repeat performance. Dataperformers’ co-founders, CEO Mehdi Merai and COO Amine Ben Ayed, are joining Deloitte as partner and director, respectively. In other accounting and financial reporting news, the FASB released a number of The ASC is the only source of authoritative GAAP in the US (other than SEC issued rules and regulations that only apply to SEC registrants). ET. CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): Welcome to the quarterly edition of Accounting Roundup. Deloitte, its affiliates, and related entities shall not be responsible for any loss sustained by any person who relies on this publication. Better ways are needed to understand how terrorist groups increase their effectiveness and become more dangerous. Watch the #Dbriefs Q3 roundup to learn more on ESG, agile computing, software capitalization and FASB updates. Explore Deloitte University like never before through a cinematic movie trailer and films of popular locations throughout Deloitte University. Participants of the live webinar will be eligible for 1 free CPE credit. Publisher / Editor Brian Harrod provides hyper local news to the B Media Network. Participants will gain a new understanding of these and other important accounting issues and developments for the quarter. Welcome to the Deloitte Accounting Research Tool (DART)! Quarterly Accounting Roundup: Second Quarter — 2021, 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, Convertible Debt (Before Adoption of ASU 2020-06), Environmental Obligations and Asset Retirement Obligations, Equity Method Investments and Joint Ventures, Equity Method Investees — SEC Reporting Considerations, Fair Value Measurements and Disclosures (Including the Fair Value Option), 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. chief accountant issued a statement on accounting and reporting considerations for SPAC and (2) financial reporting and auditing considerations for companies merging Further, on April 8, 2021, the acting director of the Division of Dbriefs: Financial accounting and reporting for income taxes: Midyear update Register Participants of the live webinar will be eligible for 1.5 free CPE credits. It also explores government accounting and auditing developments. feedback and would appreciate any comments you may have on Accounting Roundup: Second Quarter in Review — 2015. Do you know what issues the standard-setters, regulators, and stakeholders have been focused on lately? June 26 1:00 p.m. Accounting, standard-setting, and reporting developments for the quarter. All rights reserved. Social login not available on Microsoft Edge browser at this time. The company’s team is set to join Deloitte’s Omnia AI business in offices across Canada. Host: Chris Chiriatti, managing director, Deloitte & Touche LLP 1.5 Overview CPE credits: Accounting Do you know what issues the standard-setters and regulators have been addressing lately? contracts. Quarterly accounting roundup: Q1 2021 update on important developments. 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