In this episode of The GAAP Reporter, host Jason Kalies discusses some targeted areas of lease accounting under Topic 842, Leases, with Pilar Garcia. They discuss lease reassessment, lease and nonlease components, and determining the incremental borrowing rate.

In this episode of The GAAP Reporter, host Jason Kalies continues the discussion with Pilar Garcia of the new lease accounting standard under Topic 842, Leases. They delve into pervasive concepts of the standard, such as the definition of a lease, the concept of lease term, the different costs and payments that are either included or excluded from lease payments, and applying judgment under the standard.

In this episode of The GAAP Reporter, host Pilar Garcia kicks off a three-part mini-series with Jason Kalies on the new lease accounting standard under Topic 842, Leases. They discuss presentation of leases under the new standard, as well as the transition requirements.

In this episode of The GAAP Reporter, host Jason Kalies talks with Kara Peterson about implementation considerations for the FASB’s current expected credit losses (CECL) model. They discuss the effective dates of the new standard, transition requirements for adopting CECL, preparing for implementation, and SAB 74 disclosures.

In this episode of The GAAP Reporter, host Kara Peterson continues the discussion with Jason Kalies on the FASB’s current expected credit losses (CECL) model. They talk about measuring credit losses under CECL on an ongoing basis each reporting period, a few unique elements that could affect management’s evaluation, and considerations for available-for-sale debt securities.

In this episode of The GAAP Reporter, host Kara Peterson continues the discussion with Jason Kalies on the FASB’s current expected credit losses (CECL) model. They discuss measuring credit losses under CECL, including key inputs and variables used in the model.

In this episode of The GAAP Reporter, host Kara Peterson continues the discussion with Jason Kalies on the FASB’s current expected credit losses (CECL) model. They discuss the concept of principles-based versus rules-based accounting, the scope of the CECL model, and how impactful the new impairment standard will be.

In this episode of The GAAP Reporter, host Kara Peterson talks with Jason Kalies to kick off a five-part mini-series on the FASB’s current expected credit losses (CECL) model, which was introduced in Accounting Standards Update No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. They discuss background on the standard, when it applies, and why it is important.

In this episode of The GAAP Reporter, host Emily Hildebrand talks with Pilar Garcia about proposed amendments intended to simplify the accounting for income taxes. They discuss Proposed Accounting Standards Update No. 2019-700, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, and how it would impact current scope, recognition, and measurement requirements in Topic 740, Income Taxes.

In this episode of The GAAP Reporter, host Pilar Garcia talks with Emily Hildebrand about proposed changes to the disclosure requirements in Topic 740, Income Taxes. They discuss Proposed Accounting Standards Update No. 2019-500, Income Taxes (Topic 740): Disclosure Framework—Changes to the Disclosure Requirements for Income Taxes, and how it would impact current disclosure requirements.