Download Independent-Transactions

Independent-Transactions
Independent transactions (for example, companies engaged in both 3317
….transactions are with a related entity rather than with an independent
44089
the accounting for lease financing transactions by independent 44117
….transactions involving manufacturers or dealers with independent 44629
profit on the sale and (b) treatment as two independent transactions….72933
Lease-Transactions
..transactions be amortized over the life of the lease. The adoption of 3393
in essence capital transactions.APB 27: Accounting for Lease
…Transactions by Manufacturer or Dealer 43977
the accounting for lease financing transactions by independent 44117
Two-party Lease Transactions….44135
4. Leases equivalent to sales. Some lease transactions with 44147
some lease transactions that otherwise appear to meet the tests of 44269
some operating lease transactions and thus retain substantial risks of 44429
The Opinion entitled "Accounting for Lease Transactions by 44645
Lease Transactions by Manufacturer or Dealer Lessors"; and APB Opinion
67497
purchaser in some operating lease transactions and thus retain 69069
Opinion No. 27, "Accounting for Lease Transactions by Manufacturer or
71147
Sale-Leaseback Transactions….72915
Cash-Transactions
Accrual accounting goes beyond cash transactions and attempts to 156385
goes beyond cash transactions and recognizes the financial effects on 161693
cash, by issuing stock, or in transactions with related parties. If 196391
…..transactions involve a number of overlapping cash-to-cash cycles of
202485
80. Thus, accrual accounting is based not only on cash transactions….209125
Non-Cash- Transactions
….transactions from noncash transactions is compounded by the high 138879
transactions from noncash transactions is compounded by the high 138879
smaller, and noncash transactions are less prevalent. Gross cash flow 139081
recognize the financial effects of noncash transactions and events as 156387
Monetary-Transactions
in other nonmonetary assets--are monetary transactions since the 47233
Non-monetary-Transactions
Accounting for Nonmonetary Transactions….46941
nonmonetary transactions have been accounted for at the estimated fair 47065
Present Accounting for Nonmonetary Transactions….47249
nonmonetary transactions are nonreciprocal transfers between an 47305
7. Nonmonetary Exchanges. Many nonmonetary transactions are 47331
of the types of nonmonetary transactions described in paragraphs 5 to 47389
"part-monetary, part-nonmonetary" transactions having illogical 48051
Exchange-Transactions
Problem. Business transactions often involve the exchange of 36477
. Most business transactions involve exchanges of cash or other 47023
exchange transactions to be inappropriate for restructured receivables 117261
economic effect on transactions that require exchanges between a 131611
and no exchange gain or loss on the current year's transactions is 134651
….transactions may fit the definition of exchange gains or losses in 137645
Interest rate swap transactions generally involve the exchange of 147729
short, most liabilities are incurred in exchange transactions to 207299
exchange transactions are contractual in nature--based on written or 207303
in equity. This class comprises four kinds of exchange transactions…..208049
60. Comprehensive income results from (a) exchange transactions and 208461
and most of its exchange transactions with other entities are ongoing 208473
exchange transactions or to add value through operations to assets it 210205
other agreements resulting from exchange transactions and laws or 210643
139. Most liabilities result from exchange transactions in which an 211001
exchange transactions with other entities that constitute the 211323
available to it in exchange transactions or through production. Once 212045
exchange transactions with other entities. For example, prerelease 212165
Exchange transactions 77 …….212559
liabilities but is often closely related to exchange transactions in 213483
in par. 50, the exchange transactions are in class A, while the 213519
liabilities incurred in exchange transactions are contractual in 215571
in equity. This class comprises four kinds of exchange transactions….216509
exchange transactions and other transfers between the enterprise and 216891
…transactions but also on credit transactions, barter exchanges, 218945
other agreements resulting from exchange transactions and laws or 220855
207. Most liabilities result from exchange transactions in which an 221211
to it in exchange transactions or through production. Once that 222643
Exchange transactions 137….223129
exchange transactions in which the grantor expects to receive 224039
liabilities but is often closely related to exchange transactions in 224333
in paragraph 64, the exchange transactions are in class A, while the 224369
resources in exchange transactions in markets. Both obtain labor, 229463
Currency-Transactions
b. Gains and losses on foreign currency transactions that are 82035
c. Gains and losses on intercompany foreign currency transactions…82045
…Transactions and Foreign Currency Financial Statements 129051
reporting for foreign currency transactions in financial statements of 129141
3. To incorporate foreign currency transactions and foreign 129171
translation of foreign currency transactions and foreign currency 129255
Foreign Currency Transactions….129321
apply to all foreign currency transactions of an enterprise other than 129335
8. Although paragraph 7 refers to foreign currency transactions of 129381
…transactions whose terms are stated in a currency other than its local
129387
and expenses that result from foreign currency transactions of the 129411
enterprise. Foreign currency transactions of an enterprise involve 129413
liabilities, revenue, and expenses from foreign currency transactions.. 129417
resulting from foreign currency transactions of the enterprise. 129561
foreign currency transactions are included in income in a different 129677
Currency Transactions and Foreign Currency Financial Statements," 131287
FOREIGN CURRENCY TRANSACTIONS…131437
67. Foreign currency transactions may involve three stages: 131487
economic effect on transactions that require exchanges between a 131611
Unsettled Foreign Currency Transactions…131623
Future Foreign Currency Transactions…131647
process as foreign currency transactions of a U.S. company.131709
change on an enterprise's unsettled foreign currency transactions and 131751
to foreign currency transactions of U.S. and foreign operations. A 131755
future local currency transactions of that operation. For example, 131761
attempt to account for local and foreign currency transactions of 132329
consolidated financial statements. The foreign currency transactions…132343
of an enterprise and the local and foreign currency transactions of 132345
currency transactions of a U.S. enterprise or, with minor 132849
translation of foreign currency transactions and foreign currency 132921
FOREIGN CURRENCY TRANSACTIONS…132955
numerous foreign currency transactions or for a foreign operation to 133149
and expenses that result from foreign currency transactions of the 133351
retains the foreign currency as the unit of measure for transactions….134641
local currency transactions during the current year are restated 134647
Foreign Currency Transactions….134669
general basis for translation of foreign currency transactions…136127
foreign currency transactions may not be readily ascertainable, the 136333
currency transactions or foreign operations of enterprises vary, and 136623
information about foreign currency transactions and foreign operations
137125
Currency Transactions and Foreign Currency Financial Statements" (see
191553
Lease-Transactions
for leasing transactions and lease agreement revisions (see paragraph 70321
have been effective for leasing transactions entered into on or after 71047
Opinion No. 27, "Accounting for Lease Transactions by Manufacturer or
71147
dealers often engaged in leasing transactions that, except for the 73479
best served by making the statement effective for leasing
transactions….73767
Effective Date: For leasing transactions and revisions entered into 139775
and consummating leasing transactions (e.g., commissions and legal 139823
incurred in connection with specific leasing transactions and 139847
directly related to consummated leasing transactions and that vary 139873
either with specific leasing transactions or with the general level of 139875
specific completed leasing transactions would be excessive. The Board 139955
respect to completed leasing transactions shall also be included in 140057
be effective for leasing transactions and lease agreement revisions 140087
Past-Transactions
of past transactions or events. [Footnote references omitted.] 78823
other entities in the future as a result of past transactions or 87331
of past transactions or events. [Footnote references omitted.] 103815
obligation to pay exists as a result of past events or transactions…104773
as a result of past events or transactionsand regardless of future 105153
controlled by a particular entity as a result of past transactions or 105723
of past transactionsor events. [Footnote references omitted.] 105735
the effects of past transactions and existing conditions, not future 132909
change on past unsettled transactions (for example, receivables from 135809
Past Transactions and Existing Conditions 153411
effects of past transactions and existing conditions, not future 153425
primarily the effects of past transactions and existing conditions, 154355
entities in the future as a result of past transactions or events" 161829
stewardship use, accounting compiles records of past transactions and 195149
by a particular entity as a result of past transactions or events. 206015
of past transactions or events. 206025
controlled by a particular entity as a result of past transactions or 206951
a result of past transactions or events. 207185
past transactions or events." The following discussion amplifies that 209987
entities in the future as a result of past transactions or events." 210599
by a particular entity as a result of past transactions or events. 213957
of past transactions or events. 213967
controlled by a particular entity as a result of past transactions or 215177
a result of past transactions or events. 215459
past transactions or events." Paragraphs 26-34 amplify that 220199
entities in the future as a result of past transactions or events." 220809
of past transactions or events or the present status of an asset or 229859
Anticipated-Transactions
…..Transactions and events--past, present or reasonably anticipated. 6515
Hedges of Anticipated Transactions….141911
assets, liabilities, firm commitments, or anticipated transactions…142095
certain anticipated transactions not involving existing assets, 143605
Hedges of Anticipated Transactions…143773
54. Although, in a technical sense, the anticipated transactions…143827
However, not all unpriced anticipated transactions involve risk for an 143845
Anticipated transactions actually increase an enterprise's exposure 143863
Swap- Transactions
Interest rate swap transactions generally involve the exchange of 147729
in arranging interest rate swap transactions for customers. The 147739
Incidental-Transactions
results of the entity's incidental or peripheral transactions and some 202541
incidental transactions of an entity and from all other transactions 206099
incidental transactions of an entity and from all other transactions….206099
incidental transactions of an entity and from all other transactions 206111
incidental transactions of an entity and from all other transactions…206111
incidental transactions of an entity and from all other transactions 208703
incidental transactions of an entity and from all other transactions…208703
incidental transactions of an entity and from all other transactions 208719
incidental transactions of an entity and from all other transactions..208719
incidental transactions and from other events and circumstances 208743
and incidental transactions and activities. Revenues and expenses 211319
incidental transactions of an entity and from all other transactions 214047
incidental transactions of an entity and from all other transactions…214047
incidental transactions of an entity and from all other transactions 214057
incidental transactions of an entity and from all other transactions…214057
incidental transactions of an entity and from all other transactions 217141
incidental transactions of an entity and from all other transactions..217141
incidental transactions of an entity and from all other transactions 217155
incidental transactions of an entity and from all other transactions…217155
gains and losses result from incidental or peripheral transactions of 217277
incidental transactions and activities. Revenues and expenses result 221529
Internal-Transactions
Internal transactions…78 212591
Internal transactions…138 223161