Accounting Spotlight

This Accounting Spotlight addresses frequently asked questions about the disclosure requirements of FASB Accounting Standards Update (ASU) No. 2024-03, Disaggregation of Income Statement Expenses.

This Accounting Spotlight discusses accounting and financial reporting considerations related to assessing the practical effects of tariffs on an entity. Although tariffs are not new to the global economic landscape, their prominence and impact have grown significantly in recent months as a result of rapid increases in tariff rates and shifting trade patterns.

This publication addresses questions that have arisen in practice related to the accounting for transferable tax credits by entities that generate such credits as well as those that purchase them.

This Accounting Spotlight discusses considerations for commercial entities adopting the FASB’s current expected credit loss (CECL) standard in 2023.

This Accounting Spotlight examines environmental credits and certain current U.S. accounting practices, regulatory developments, and other accounting issues associated with them. Originally issued in October 2022, this publication was updated to reflect the expanded coverage of this topic in Deloitte’s November 16, 2022, Financial Reporting Alert on financial reporting considerations related to environmental events and activities.

This Accounting Spotlight discusses certain key accounting and financial reporting matters related to the FASB’s leasing standard, ASC 842, that an entity needs to consider when going public.