Accounting policy & practice series ; 5125.
"Bloomberg Tax Accounting Portfolio 5125, The New Leasing Standard -- Analysis and Application I, is designed to be used in conjunction with Accounting Policy & Practice Portfolio 5126, The New Leasing Standard -- Analysis and Application II. Together, these Portfolios provide a detailed analysis of the new leasing standard (Accounting Standards Codification Topic 842 and IFRS 16). This portfolio discusses the history of the standard, the changes that have been made to the Codification, the scope and effective date of the standard, transition to the new rules, identifying a lease, separating lease and non-lease components, allocating consideration in the contract, lease term, lease payments and classification. The Portfolio provides a comparison to current U.S. GAAP, when relevant, and discussion of the FASB's Basis for Conclusions."
Authors: Joseph P. Sebik and Lisa Marie Starczweski, .
Bibliography, etc. Note
Includes bibliographical references.
Formatted Contents Note
Detailed analysis. Summary of new lease accounting rules Scope & effective date Transition Identifying a lease Separating lease and non-lease components Allocating consideration in the contract Lease term and lease payments Classification Working papers.
Digital File Characteristics
Source of Description
Description based on contents viewed on September 8, 2017; title from description page.