DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. Consolidation of the Companies Act, 1985: A Commentary and Guide: Deloitte Haskins & Sells: Amazon.sg: Books 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. 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. Software Revenue Recognition — A Roadmap to Applying ASC 985-605. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. The guide will then be saved to your iBooks app for future access. A Roadmap to Accounting for Current Expected Credit Losses. 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 Guide makes extensive references to ‘special purpose entities’ (SPEs). A Roadmap to Accounting for Equity Method Investments and Joint Ventures. 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. As software technology continues to evolve, entities are continually confronting new challenges in recognizing revenue for software arrangements. Provides a brief overview of what outsourcing is, and describes Deloitte’s approaches to Outsourcing Advisory Services (OAS). ", A Roadmap to Applying the New Revenue Recognition Standard. Financial strain, new modes of care delivery to drive provider consolidation through 2030 As a result of rapid consolidation, the 10 biggest health … Shop now. Selecting and implementing consolidation tools. 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. 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. This Roadmap is a comprehensive guide to navigating the frequently complex consolidation accounting models. The body of the Roadmap combines the requirements in ASC 842 with Deloitte’s interpretations and examples in a comprehensive, reader-friendly format. 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 is intended to help entities navigate the accounting guidance, reduce complexity, and arrive at appropriate accounting conclusions. A Roadmap to Consolidation — Identifying a Controlling Financial Interest. Welcome to the Deloitte Accounting Research Tool (DART). Buy Consolidation of the Companies Act, 1985: A Commentary and Guide by Deloitte,Haskins & Sells online at Alibris. 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 . This Roadmap provides Deloitte’s insights into and interpretations of the guidance on accounting for equity method investments and joint ventures. ... 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. 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. Deloitte has business –led and IT-enabled approach to the clients 2. A Roadmap to Accounting for Contracts on an Entity’s Own Equity. It breaks down the requirements in ASC 810 and reconstructs them in a logical narrative, making them easier to understand and apply. Deloitte OnLine Is a client-focused website aimed at enhancing your communication and collaboration with the people of Deloitte. 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. 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. 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. This Roadmap provides Deloitte’s insights into the guidance in ASC 360-10 and ASC 205-20 on impairments and disposals of long-lived assets and presentation of discontinued operations. (It's packed with tips, tricks and insider-secrets to help you succeed.) It breaks down the requirements in ASC 810 and reconstructs them in a logical narrative, making them easier to understand and apply. Deloitte New York (HQ) New York – National Office 30 Rockefeller Plaza, 41st Floor New York, NY 10112-0015 United States. The days leading up to Day One in a merger may not seem like a good time to think about long-term solutions. A Roadmap to SEC Reporting Considerations for Guarantees and Collateralizations. Please install the latest version of Internet Explorer or Chrome. In each of these areas, Deloitte has a specialist team available to assist. A Roadmap to Accounting and Financial Reporting for Carve-Out Transactions. Preparing for an initial public offering (IPO) can be a complex, time-consuming, and often costly process. Tools. 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. Consolidation of the Companies Act, 1985: A Commentary and Guide: Deloitte Haskins & Sells: Amazon.sg: Books The Roadmap reflects guidance issued through November 25, 2020, and discusses several active FASB projects that may result in changes to current requirements. This edition combines the SEC’s guidance on non-GAAP measures with Deloitte’s interpretations and examples in a comprehensive, reader-friendly format. Handbook: Consolidation September 30, 2020. Deloitte Accounting Research Tool. 7 1.1.5 Is the Legal Entity a VIE? A Roadmap to the Issuer’s Accounting for Convertible Debt. 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. DELOITTE CEO ANNOUNCES US$20 BILLION REVENUES FOR FY2006 AND SEES MORE CONSOLIDATION AMONG SMALL TO MEDIUM SIZED FIRMS Buenos Aires - 16 October 2006. Deloitte Chicago. Perform financial consolidation in your SAP S/4HANA system! Consolidation is an important and current theme within the investment industry. Deloitte has been appointed a strategic partner in Malaysia, offering Sigma Conso solutions and services to optimise financial consolidation and reporting process in organisations. Globalization will drive future consolidation among smaller firms. 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 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. Deloitte also states that while these requirements do apply the vast majority of the time, they will occasionally adjust them to reflect extenuating circumstances. IFRS 10 outlines the requirements for the preparation and presentation of consolidated financial statements, requiring entities to consolidate entities it controls. 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. About Deloitte & the Deloitte assessment centre. By looking more deeply into your business, Deloitte Consulting LLP helps bring bold strategies to life in unexpected ways. 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 The body of this Roadmap combines the requirements in FASB Accounting Standards Update No. 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. From within the action menu, select the "Copy to iBooks" option. Appendix B includes a disclosure checklist for the alternative disclosures for guaranteed securities, and Appendix C includes a comprehensive example of such disclosures. Quick Links . This Roadmap provides Deloitte’s insights into and interpretations of the income tax accounting guidance in ASC 740. Deloitte has been appointed a strategic partner in Malaysia, offering Sigma Conso solutions and services to optimise financial consolidation and reporting process in organisations. This Roadmap is a comprehensive guide to navigating the frequently complex consolidation accounting models. 4. FIN 46 changed consolidation profoundly by introducing a new concept: control exercised through economic power. This Roadmap reflects guidance that is effective for annual reporting periods beginning on or after January 1, 2020. The 2020 edition includes new guidance and examples that reflect recent standard-setting and SEC developments. Deloitte Consulting | 182,112 followers on LinkedIn. 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 . A Roadmap to Consolidation — Identifying a Controlling Financial Interest A Roadmap to Impairments and Disposals of Long-Lived Assets and Discontinued Operations (October 2020). 1. Amazon.ae: Consolidation of the Companies Act, 1985: A Commentary and Guide: Deloitte Haskins & Sells: Coopers & Lybrand Deloitte This publication contains extracts of frequently issued SEC staff comments, analysis of those extracts, and links to resources that are relevant to SEC filers. A Roadmap to Accounting for Business Combinations. select the “Consolidation” tab at the bottom of the, Be sure to check out other titles in Deloitte’s. This 164-page guide deals mainly with accounting for business combinations under IFRS 3(2008). Comprehensive, easy-to-understand accounting guides on selected 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. A Roadmap to Accounting for Share-Based Payment Awards (2020). A Roadmap to Accounting for Environmental Obligations and Asset Retirement Obligations. This was because the decision of whether to consolidate or not was based on ownership percentage and was relatively simple. 2 Phase 2 – Prepare 16 Deloitte Phoenix. We have new and used copies available, in 1 editions - starting at $6.73. 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. A Roadmap to Foreign Currency Transactions and Translations. Appendix G of the Roadmap highlights new content in the 2020 edition as well as substantive revisions to previous text. A guide to Mergers and Acquisitions in the UK ... considerations. DTTL (also referred to as "Deloitte Global") and each of its member firms are legally separate and independent entities. 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. 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? With this guide to SAP S/4HANA Finance for group reporting, learn about the new group reporting architecture and data model. 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). Control requires exposure or rights to variable returns and the ability to affect those returns through power over an investee. primarily on the complexities of identifying whether a legal entity is a variable 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. 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. ... • 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 Welcome to ComplianceWeek.com. Shop now. A Roadmap to Fair Value Measurements and Disclosures (Including the Fair Value Option). IFRS 10 was issued in May 2011 and applies to annual periods beginning on or after 1 January 2013. DTTL does not provide services to clients. interest entity (VIE) and whether a reporting entity should consolidate the VIE, it 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. A detailed discussion of accounting guidance and related considerations can be found in Deloitte’s “Securitization Accounting,” 11th edition. This site uses cookies.Read our policy.. OK. The guide will then be saved to your iBooks app for future access. 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. As employee, whether straight out of school or experienced, this forms the best possible foundation of obtaining M&A experience from day one. A Roadmap to Comparing IFRS Standards and U.S. GAAP: Bridging the Differences (November 2020). Roadmap-Consolidation of Variable Interest Entities_Deloitte 0310 - Free ebook download as PDF File (.pdf), Text File (.txt) or read book online for free. topics of broad interest to the financial reporting community. 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. Proceed to site anyway, with a sub-optimal experience While the guidance in ASC 830 has not changed significantly over the years, the application of the existing framework has continued to evolve as a result of the increasing interdependence and complexity of international economies and companies' legal structures. Deloitte Financial Consolidation app is an ALM ready app with project-ready and deployable readiness where in multiple environments – Dev and Prod can be handled This is crucial as there are on-going fixes that need to be incorporated while the production environment is live, with no changes to Prod environment while those fixes are being made Forecasts an increase of revenues of 12.5% for FY2007 1111 Bagby St. Suite 4500 Houston, TX 77002-2591 United States. 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. Welcome to the Deloitte Accounting Research Tool (DART). Skip to main content; Skip to navigation Prior to FIN 46R, now incorporated into ASC 810, consolidation was a largely mechanical process. Eric Ryan is an expert in the enterprise performance management (EPM) space with more than 15 years of experience.. Thiagu Bala is the solution owner for several next-generation consolidation solutions for Deloitte, where he leverages the modern digital finance architecture.. Satyendra Raghav is a specialist in the finance and enterprise performance management practice at Deloitte. also addresses the voting interest entity model and provides a framework for its A Roadmap to SEC Reporting Considerations for Business Combinations. This Roadmap replaces the Deloitte Q&As that were contained in ASC 810. 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. According to Deloitte, 30% of shale operators are technically insolvent with oil prices at $35 and 20% have "stressed financials." 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