Derivatives

Roadmap
Derivatives (November 2025)

Read the Roadmap.
Open a PDF version of the Roadmap.
A DART subscription is required for downloading, copying, or printing the Roadmap. Clients who are not DART subscribers may request a PDF version of the Roadmap from their engagement teams.

This Roadmap provides a comprehensive discussion of the guidance in ASC 815 on the identification, classification, measurement, and presentation and disclosure of derivative instruments, including embedded derivatives. The application of derivative accounting in accordance with ASC 815 is one of the most complex areas of U.S. GAAP, primarily because of the nuances involved in evaluating whether an instrument meets the definition of a derivative and whether a scope exception from derivative accounting is available. This Roadmap is intended to help entities navigate the applicable accounting and financial reporting guidance on derivative instruments in ASC 815 and arrive at supportable accounting conclusions. It includes several short videos that highlight certain aspects of derivative instruments and derivative accounting.

Also available is the latest edition of On the Radar, a high-level summary of financial reporting considerations related to derivative instruments and embedded derivatives, as well as developments in standard-setting activity related to derivative accounting under ASC 815.

Be sure to check out other titles in Deloitte’s Roadmap series, our comprehensive, easy-to-understand collection of accounting guides on selected topics of broad interest to the financial reporting community.

The FASB Accounting Standards Codification® material is copyrighted by the Financial Accounting Foundation, 401 Merritt 7, PO Box 5116, Norwalk, CT 06856-5116, and is reproduced with permission.

This publication contains general information only and Deloitte is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor. Deloitte shall not be responsible for any loss sustained by any person who relies on this publication.

The services described herein are illustrative in nature and are intended to demonstrate our experience and capabilities in these areas; however, due to independence restrictions that may apply to audit clients (including affiliates) of Deloitte & Touche LLP, we may be unable to provide certain services based on individual facts and circumstances.

As used in this document, “Deloitte” means Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and Deloitte Financial Advisory Services LLP, which are separate subsidiaries of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of our legal structure.