Accounting guides
In-depth accounting guidance for topics of significant interest
Global Guide to Accounting for Business Combinations and Noncontrolling Interests - 2013 edition
5/23/13 | Assurance services
Guide to Accounting for Derivative Instruments and Hedging Activities - 2012 edition
9/4/12 | Assurance services
Accounting guides
Global Guide to Accounting for Business Combinations and Noncontrolling Interests - 2013 edition5/23/13 | Assurance services
This PwC guide explains the fundamental principles of accounting and reporting for business combinations and noncontrolling interests under both U.S. GAAP and IFRS. This guide also includes our perspectives on the application of those principles, as well as our insights on the challenges of accounting for intangible assets and goodwill in the postacquisition period.
Accounting guides
Guide to Accounting for Utilities and Power Companies - 2013 edition1/12/13 | Assurance services
PwC's newly developed Guide to Accounting for Utilities and Power Companies provides accounting guidance for reporting entities in the utility and power industry to consider when preparing financial statements in accordance with accounting principles generally accepted in the United States of America. It addresses a variety of areas such as commodity contracts, power-related investments, inventory, plant, asset retirement obligations, regulated operations, and more.
Accounting guides
Guide to Accounting for Financing Transactions: What You Need to Know about Debt, Equity, and the Instruments in Between - 2012 edition9/19/12 | Assurance services
The accounting guidance for the issuance, modification, conversion and repurchase of debt and equity securities has developed over many years into a complex set of rules. Before the FASB codified the accounting standards, the accounting guidance applicable to a single transaction was contained in a number of separate FASB Standards, EITF Issues, interpretations, and speeches. Although the guidance is now codified within the FASB's Accounting Standards Codification, the analysis continues to involve detailed and sequential consideration of the relevant provisions of the guidance. This PwC Guide provides a roadmap to the applicable accounting literature to help you determine which steps are necessary for a particular transaction.
Accounting guides
Guide to Accounting for Variable Interest Entities - 2012 edition9/6/12 | Assurance services
This fifth edition of PwC's guide provides the latest additional discussion and examples on a number of emerging practice issues involving the accounting for variable interest entities to consider in applying the model. The purpose of this guide is to clarify a complex area of accounting by bringing together, in one publication, all of the relevant PwC guidance on accounting for variable interest entities; to provide an overall framework for the application of the VIE model; to highlight key questions and answers; and to offer our perspectives, based on our analysis of the guidance and experience in applying it.
Accounting guides
Guide to Accounting for Income Taxes - 2012 edition9/5/12 | Assurance services
The overall accounting model for income taxes has been in place for many years, yet the accounting for income taxes continues to pose many challenges for preparers, users, and auditors. Among those challenges are the tax accounting rules for valuation allowance, intraperiod allocation, business combinations, and foreign operations. This PwC guide is intended to clarify the fundamental requirements involved in the accounting for income taxes and to highlight key points that should be considered before and after transactions are undertaken.
Accounting guides
Guide to Accounting for Stock-based Compensation - 2012 edition9/5/12 | Assurance services
Nearly eight years after being issued, the application of the guidance contained in ASC 718, Compensation—Stock Compensation, continues to be a complex undertaking. The guidance’s many nuances impact not only the accounting for employee stock-based compensation, but also the related corporate income tax accounting, the calculation of earnings per share, and the presentation of the cash flow statement. The 2012 edition of PwC's stock-based compensation guide explains those and many other issues.
Accounting guides
Guide to Accounting for Derivative Instruments and Hedging Activities - 2012 edition9/4/12 | Assurance services
This PwC guide offers a comprehensive discussion of the accounting guidance for derivatives and hedging activities contained in ASC 815, Derivatives and Hedging. Domestically and internationally, the volume, variety, and inherent complexity of derivative transactions have steadily increased and the nature of hedging activities continues to evolve. The guide is intended to help preparers and accountants successfully navigate the rules and principles for appropriately accounting for derivative transactions.
Accounting guides
Guide to Accounting for Transfers and Servicing of Financial Assets - 2012 edition9/4/12 | Assurance services
FASB ASC 860, Transfers and Servicing, has proven difficult to apply in practice. Acknowledging this, in 2009 the FASB amended ASC 860 to address practice issues highlighted most recently by events related to the economic downturn. The sweeping impact of this guidance and its amendments on securitizations and financial asset transfer activity is significant for financial companies, but it extends beyond the financial sector and highlights the need for all companies to gain a precise knowledge of its accounting implications. This PwC guide offers a comprehensive exploration of a complex and still evolving area of accounting: the accounting for transfers/securitizations and related transactions.
Accounting guides
Guide to Accounting for Fair Value Measurements; Incorporating ASU 2011-04 - 2012 edition4/25/12 | Assurance services
Fair value accounting continues to be a topic of significant interest and debate. With unprecedented market events, turmoil in the credit markets and a severe downturn in the global economy in recent years, discussion of fair value has intensified among the preparers and users of financial information. This discussion has made clear the need for consistent fair value measurements in a global market. PwC is pleased to offer the 2012 edition of this guide to help reporting entities meet the challenges of applying the key accounting and reporting standard related to fair value measurements, Accounting Standards Codification (ASC) 820, Fair Value Measurements and Disclosures (ASC 820).
Accounting guides
Guide to Accounting for Bankruptcies and Liquidations - 2010 edition11/11/10 | Assurance services
PwC is pleased to offer this comprehensive guide to accounting for bankruptcies and liquidations. While the guidance for bankruptcy accounting has not been updated for a number of years and is unique, its relevance has increased given the recent downturn in the economy and the number of bankruptcy filings. This guide explains the fundamental principles of bankruptcy and liquidation-basis accounting, as well as considerations prior to entering bankruptcy, for companies that prepare financial statements under U.S. GAAP, and provides our perspectives on the application of those principles.
Accounting guides
FASB Accounting Standards Codification Quick Reference Guide and Financial Instruments Supplement10/29/09 | Assurance services
To help you make the transition to the FASB Accounting Standards Codification, PwC has developed a Financial Instruments Supplement to be used along with its FASB Accounting Standards Codification Quick Reference Guide. The Financial Instruments Supplemen