ASC 815, Derivatives and Hedging, contains eight subtopics: overall; embedded derivatives; hedging鈥攇eneral; fair value hedges; cash flow hedges; net investment hedges; contracts in entity's own equity; and weather derivatives. ASC 815 and ASC 815 address guidance on accounting for contracts that...
(ASC 815-10-15-10) Some of those exceptions relate to items that fall under other guidance; other exceptions are aimed at simplifying the guidance. ASC 815 contains eight subtopics: ASC 815-10, Overall; ASC 815-15, Embedded Derivatives; ASC 815-20, Hedging; ASC 815-25, Fair Value ...
Finally, ASC 815 addresses the accounting for non-exchange-traded weather derivatives. The Codification also provides certain industry-specific derivatives and hedging guidance, but such guidance is included in the industry sections of the Codification....
This post is for informational purposes only and should not be relied upon as official accounting guidance. While we’ve ensured accuracy as of the publishing date, standards evolve. Please consult a professional for specific advice.
比如FAS144是对长期资产的减值的细则,具体应用在ASC 360(Property, Plant, and Equipment), 因为颁布比较早,你现在去查这些个FAS guidance,有时也可能因为新的准则被废除了,所以一切还是优先参考ASC。 FIN: Financial Interpretation No类似于对某个准则有一些进一步的解释和分析,这些常常是因为这个准则很重要,很多...
°° ASC 815, Derivatives and Hedging °° ASC 825, Financial Instruments °° ASC 860, Transfers and Servicing •Guarantees other than product or service warranties, in the scope of ASC 460, Guarantees (Entities should look to ASC 815 for guidance on guarantees accounted for as derivatives....
When learners shy away from ASC 815, I tend to reassure them that the guidance is not as complicated as it seems! I often pose the question: How do you eat an elephant? Well, one bite at a time, of course! And, that is my advice for tackling derivative and hedge accounting. ...
Guidance.Part I of the ASU addresses the accounting for down round features. These are found in certain equity-linked instruments (or embedded features) that result in reduced strike price based on the pricing of future equity offerings. To address the complexity and resulting increased costs of ...
This Heads Up discusses the FASB’s recently issued Accounting Standards Update (ASU) No. 2022-06, Deferral of the Sunset Date of Topic 848, which defers the sunset date of the guidance in ASC 848 on reference rate reform to December 31, 2024. The ASU be
(Other-Than-TemporaryImpairments)ASC815(DerivativesHedging)(SFAS133),14SC820(FairValueMeasurements)(SFAS57),70–71(100)239,491–492SC82510,70–71SC825(DisclosuresaboutFairValueofinancialInstruments)(SFAS107),97–98hange(absence)416–417BRinitiative(16)36–37,315–339ccrualaccounting(114)148c...