Fair Value Option SFAS No. 159, February 2007 ” The Fair Value Option for Financial Assets and Financial Liabilities” Fair Value Option(FVO) –> Option to
Author: accta
Accounting Rules about Software asc 350-40: Internal-Use Software –> AICPA SOP 98-1 –> “Accounting for the Costs of Computer Software Developed or Obtained for Internal
Accounting Rules about Software asc 985-20: Costs of Software to Be Sold, Leased, or Marketed –> SFAS 86, August 1985 –> “Accounting for the Costs
Revenue Recognition ASC 605-25 was updated by ASU 2009-13 –> to reflect the contents of EITF 08-1 EITF Issue No. 08-1 “Revenue Recognition with Multiple
SEC Staff Accounting Bulletin (SAB) No. 104 1. In December 1999: SAB 101 added new Topic 13 to the SAB Codification 2. In December 2003:
Leases SFAS 13, November 1976 “Accounting for Leases” Lease classification criteria (A) Ownership transfer –> Ownership is transferred by the end of the