840 = Leases (Topic)840-10 = Overall (Subtopic)840-10-15 = Scope and Scope Exceptions (Section)840-10-50 = Disclosure (Section)840-20 = Operating Leases (Subtopic)840-20-15 = Scope and Scope Exceptions (Section)
Partnering for success: submit your interests & open questions We look forward to your requests and will be happy to answer open questions you may have. Contact our experts Your key contacts Artem Chumakov Partner, Head of US Accounting and Reporting Group ...
Cash Balances and Capital As of December 31, 2024, the Company had approximately $5.1 million of cash. Net working capital was $5.2 million. During the full year 2024, cash flow from operations was approximately $20.6 million, compared to $15.5 million in 2023. On December 31, 2...
#10: Lease Accounting While the approaches under GAAP and IFRS share a common framework, there are a few notable differences. IFRS has a de minimus exception, which allows lessees to exclude leases for low-valued assets, while GAAP has no such exception. The IFRS standard includes leases for...
BC5. Subtopic 350-20 provides guidance on the accounting for goodwill. Under that Subtopic, there are both general guidance and an accounting alternative (“accounting alternative for amortizing goodwill”) that includes certain provisions that simplify the goodwill impairment test for private companie...
8. Leases 9. Revenue Recognition 10. Accounting for Income Taxes 11. Statement of Cash Flows ProSheet: Volume 1: "Interactive Accrual & Cash Flow Reconciliation" Learn to effortlessly adjust account balances between accrual and cash basis. 更多 新...
25. Statement of Partners' Capital Disclosures:26. Accounting Changes and Error Corrections27. Accounting Policies28. Asset Retirement Obligations29. Business Combinations, Asset Acquisitions, Transaction between Entities under Common Control, and Joint Venture Formation...
For US GAAP, all property is included in the general category of Property, Plant and Equipment (PP&E). Under IFRS, when the property is held for rental income or capital appreciation the property is separated from PP&E as Investment Property. ...
As of the Closing Date, GAAP classifies certain leases as “operating leases” and others as “capital leases” by applying certain criteria to distinguish between the two classifications. The Witco Surfactants Closing Date Germany Balance Sheet included on the Proposed Germany Statement shall be audit...
order Provide expanded discussion and practical illustrations on the many implementation issues arising as entities continue to apply IFRS 16 (Leases), including those related to recent rent concessions and the associated narrow scope amendment issued by the International Accounting Standards Board (IASB)...