Page 4 - அரசு கணக்குவைப்பு முறை தரநிலைகள் பலகை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

REGISTER NOW The recent leasing rules from the Financial Accounting Standards Board and the Governmental Accounting Standards Board are turning out to be harder to follow than many organizations expected. Not only do the new leases standards, FASB’s ASC 842 and GASB’s Statement No. 87, require entities to put operating leases on the balance sheet for the first time ever, but they come with extra complexities. Entities will need to evaluate all contracts relating to the right-to-use assets for recognition in financial statements. Meanwhile, GASB 87 requires all leases be reported as financing activities, which affects how entities report expenditures in governmental funds. Other areas such as quick ratios, debt ratios, and earnings before interest, taxes, depreciation and amortization, or EBITDA, can be affected as well, and they could have an impact on future compliance with an organization’s current loan covenants or its ability to secure new financing.

Walker wilkersonFinancial accounting standards boardGovernmental accounting standards boardநிதி கணக்குவைப்பு முறை தரநிலைகள் பலகைஅரசு கணக்குவைப்பு முறை தரநிலைகள் பலகை