• ASC 815, paragraphs 815-10-45-1 through 45-7 (derivative instruments with the right to reclaim cash collateral or the obligation to return cash collateral) • ASC 940-320 (trade date accounting for trading portfolio positions) and 910-405 (advances received on construction contracts) •...
but before the release of the financial statements. The rationale for this adjustment is that the primary interest of the financial statement user is considered to be the company’s current capitalization. If this situation occurs, disclosure of both the end-of-year outstanding shares and those us...
Ultimately, this means nonewleveraged leases will be created under ASC 842. Leases with a commencement date falling after an entity’s effective date for ASC 842 should be accounted for in accordance with the rules for lessor accounting contained in ASC 842-30. ASC 842 disclosure requirements AS...
Expanded disclosure requirements for assets and liabilities measured at fair value Clarification that changes in credit risk must be included in the valuation The fair value is based on the exit price (for an asset, the price at which it would be sold) rather than the entry price We provide ...
modifiesrelateddisclosurerequirements. Scope.PleasenotethatthisASUappliestoallentitiesandwillsignificantlychange currentpracticeforassessingdiscontinuedoperations.Itwillalsoaffectanentity’sincome andEPSfromcontinuingoperations. Guidance.TheASUdefinesadiscontinuedoperationasadisposalofacomponentor groupofcomponentsthatisdisposed...
Compensation disclosure requirements,SEC increase,297–298 Comprehensive income(40) 111–112 Comprehensive Intellectual Capital Management (Al-Ali),94 Conceptual Framework project(phases) 13 Con,rmatory bias,484 Con,rmatory value,413 Conformity,484 Congressional Oversight Panel(report)427 Consensus earnings...
the standard gives the entity the choice to account for shipping and handling services performed after the customer takes control as a fulfillment cost. Entities electing this practical expedient must disclose it in accordance with the standard’s disclosure requirements. Be aware this is an election...
similar equity instruments in computing diluted EPS. ASC 718-40-45 and 718-40-50 The effects of issues resulting from the existence of employee stock ownership plans in computing basic and diluted EPS and the related disclosure requirements....