Skip to main content

IFRS Perspectives - Q2 2024

IFRS® Accounting Standards first-time adoption for US subsidiaries

Explore more

Insight
Webcast Replay Webcast Upcoming Listen Now From The Web

IFRS® Accounting Standards first-time adoption for US subsidiaries

When a subsidiary converts to IFRS Accounting Standards later than its parent, optional exemptions apply under IFRS 1.

Read more

Meet the IFRS team

Learn more

KPMG Executive Education

CPE seminars and customized training

Learn more

Subscribe to the IFRS® Perspectives Newsletter

Subscribe to receive timely updates on the application of IFRS® Accounting and Sustainability Standards in the United States: our latest thought leadership, articles, webcasts and CPE seminars.

Subscribe

Thank you

Thank you for subscribing to the IFRS Institute. You will now receive regular updates from us.

IFRS Perspectives Newsletter

Subscribe to receive timely updates on the application of IFRS Accounting and Sustainability Standards in the United States: our latest thought leadership, articles, webcasts and CPE seminars.

All fields with an asterisk (*) are required.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's . Privacy Statement

An error occurred.

KPMG. Make the Difference.


Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. KPMG LLP does not provide legal services.

The information contained herein is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230.

© 2026 KPMG LLP, a Delaware limited liability partnership, and its subsidiaries are part of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.
All fields with an asterisk (*) are required.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's . Privacy Statement

An error occurred.

Job seekers

Visit our careers section or search our jobs database.

Search now!

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Submit

Office locations

View locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Learn more

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Contact

Headline