United States

ASU 2016-07: Simplifying the Transition to the Equity Method of Accounting

Apr 01, 2016
From Financial Reporting Network

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This Podcast features professionals from KPMG's Department of Professional Practice discussing ASU 2016-07, Simplifying the Transition to the Equity Method of Accounting, which eliminates the requirement for an investor to retroactively apply the equity method when its increase in ownership interest (or degree of influence) in an investee triggers equity method accounting.

For additional information on ASU 2016-07, read our Defining Issues 16-9.