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Wiley GAAP 2021, 2nd Edition
book

Wiley GAAP 2021, 2nd Edition

by Joanne M. Flood
March 2021
Intermediate to advanced content levelIntermediate to advanced
1424 pages
51h 16m
English
Wiley
Content preview from Wiley GAAP 2021, 2nd Edition

55ASC 840 LEASES1

  1. Perspective and Issues
    1. Technical Alert
    2. Subtopics
    3. Scope and Scope Exceptions
  2. Definitions of Terms
  3. Concepts, Rules, and Examples
    1. Variable Interest Entities
    2. Lease or Sale—the Interplay of Lease and Revenue Recognition Accounting
      1. ASC 840‐10‐35, Determining Whether an Arrangement Contains a Lease
      2. Sales with a Guaranteed Minimum Resale Value
      3. Equipment Sold and Subsequently Repurchased Subject to an Operating Lease
    3. Lessee Classification
    4. Lessor Classification
      1. Distinctions among Sales‐type, Direct Financing, and Leveraged Leases
    5. Lessee Accounting
      1. Operating Leases
      2. Capital Leases
      3. Example of Accounting for a Capital Lease—Asset Returned to Lessor
      4. Example of Accounting for a Capital Lease—Asset Ownership Transferred to Lessee
    6. Lessor Accounting
      1. Operating Leases
      2. Sales‐type Leases
      3. Example of Accounting for a Sales‐type Lease
      4. Direct Financing Leases
      5. Example of Accounting for a Direct Financing Lease
      6. Leveraged Leases
      7. Example of a Simplified Leveraged Lease
    7. Interpretive Guidance
    8. Real Estate Leases
    9. Leases Involving Only Land
      1. Lessor Accounting
    10. Leases Involving Land and Building
      1. Lessee Accounting
    11. Computing the Minimum Lease Payments
      1. Lessor Accounting
      2. Example of Lessee Accounting for Land and Building Lease Containing Transfer of Title
      3. Example of Lessee Accounting for Land and Building Lease without Transfer of Title or Bargain Purchase Option
    12. Leases Involving Real Estate and Equipment
    13. Leases Involving Only Part of a Building
      1. Lessee Accounting
      2. Lessor Accounting ...
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Publisher Resources

ISBN: 9781119736172