In this section, we provide brief updates from the previous quarter on regulatory developments in auditing and accounting that may impact Japanese companies in the United States. Further discussion of the issues can be found in KPMG's Department of Professional Practice's Defining Issues.

EITF reached a consensus on accounting for modifications of equity-classified warrants

March 12, 2021

The EITF reached a consensus on accounting for modifications of freestanding equity-classified written call options and discussed licensing contract modifications.

Defining Issues 21-02 (PDF)

 

For more information, please contact:

Michael Maekawa | +1 213-955-8331 | tmaekawa@kpmg.com