Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
This chapter provides clear explanations and practical examples for real‐world application of ASC 842. It includes relevant sources of GAAP and expert guidance on interpretation, terminology, relevant concepts, and applicable rules, while in‐depth discussion on the issues surrounding specific pronouncements offers informative perspective for a variety of scenarios. The objective of the standard is to improve information for financial statement users by increasing transparency and comparability among organizations. To accomplish this, the standard requires: lessees to recognize lease assets (right of use assets) and lease liabilities on the balance sheet, lessors to align with certain changes in the lessee model and the new revenue recognition standards, and lessees and lessors to disclose significant information about lease transactions. ASC 842 contains five subtopics: ASC 842‐10, Overall; ASC 842‐20, Lessee; ASC 842‐30, Lessor; ASC 842‐40, Sale and Leaseback Transactions; and ASC 842‐50, Leveraged Lease Arrangements.
This chapter provides clear explanations and practical examples for real‐world application of ASC 842. It includes relevant sources of GAAP and expert guidance on interpretation, terminology, relevant concepts, and applicable rules, while in‐depth discussion on the issues surrounding specific pronouncements offers informative perspective for a variety of scenarios. The objective of the standard is to improve information for financial statement users by increasing transparency and comparability among organizations. To accomplish this, the standard requires: lessees to recognize lease assets (right of use assets) and lease liabilities on the balance sheet, lessors to align with certain changes in the lessee model and the new revenue recognition standards, and lessees and lessors to disclose significant information about lease transactions. ASC 842 contains five subtopics: ASC 842‐10, Overall; ASC 842‐20, Lessee; ASC 842‐30, Lessor; ASC 842‐40, Sale and Leaseback Transactions; and ASC 842‐50, Leveraged Lease Arrangements.
ASC 842 Leases
Flood, Joanne M (Autor:in)
Wiley <fc>GAAP</fc> 2019 ; 1151-1163
19.03.2019
13 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
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