Derivatives and Hedging SFAS 133, June 1988 “Accounting for Derivative Instruments and Hedging Activities” Derivatives 1. Derivative instruments are recognized in financial statements 2. Derivative
Author: accta
Research and Development Arrangements SFAS 68, October 1982 “Research and Development Arrangements” Research and development arrangements Research and development is funded by other parties Forms
Research and Development Costs SFAS 2, October 1974 “Accounting for Research and Development Costs” General rule for research and development costs Research and development costs
Nonmonetary Transactions APB Opinion 29, May 1973 “Accounting for Nonmonetary Transactions” SFAS 153, December 2004 “Exchanges of Nonmonetary Assets an amendment of APB Opinion No.
Interest related topics 835-20: Capitalization of interest For certain qualifying assets, interest costs are capitalized –> and included in determining the acquisition cost of asset
Interest on Receivables and Payables APB Opinion 21, August 1971 “Interest on Receivables and Payables” Note exchanged for cash 1. Present value of the note