When reviewing financial statements it can be challenging to identify missing transactions that should have been posted but were not. We have compiled a list of key reminders on what not to miss to assist preparers and auditors in ensuring these accounting items are properly reflected in the financial statements.
  • Liabilities for financial guarantees especially in parent entities.
  • Provisions for onerous contracts.
  • Provisions for restoration.
  • Liabilities for share repurchases.
  • Structured entities - unconsolidated SPEs might exist that should be consolidated.
  • Implied leases.
  • Share-based payment charges in subsidiary financial statements.
Expand Expand

Welcome to Viewpoint, the new platform that replaces Inform. Once you have viewed this piece of content, to ensure you can access the content most relevant to you, please confirm your territory.

signin option menu option suggested option contentmouse option displaycontent option contentpage option relatedlink option prevandafter option trending option searchicon option search option feedback option end slide