United Kingdom

Application of New and Existing US GAAP Accounting Standards 

  • Are you concerned about reaching the right accounting answer under US GAAP in an increasingly complex accounting environment? Perhaps you are looking for a sounding board – someone to call for informal US GAAP Accounting advice? Our team will help you reach the right US GAAP accounting answer in the context of reporting objectives, commercial reality and regulatory requirements.
Specific ad hoc questions

Your issue

  1. What is the SEC focussing on this year?
  2. You have received a comment letter from the SEC challenging your US GAAP accounting or disclosures – do you want a sounding board or technical support in drafting a response?
  3. Analysts want to know how the FASB’s latest exposure draft will affect reported results. How will its proposals affect earnings, debt covenants and net assets?

How we can help

  1. We can provide you with the SEC hot topics, highlighting the areas relevant to you.
  2. Using our breadth of experience in working with the SEC and other SEC registrants, we can assist in the preparation of an appropriate technical US GAAP accounting or disclosure response.
  3. We can help you to perform an initial US GAAP impact assessment, highlighting the differences between current requirements and the FASB’s proposals.

Contact

Justin Shakespeare

 

Justin Shakespeare

 

Director

KPMG in the UK

 

020 7896 4207

justin.shakespeare@kpmg.co.uk

 

Andrew Cleve

 

Andrew Cleve

 

Senior Manager

KPMG in the UK

 

020 7694 4053

andrew.cleve@kpmg.co.uk

 

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