Αποτελέσματα Αναζήτησης
22 Φεβ 2024 · US GAAP does not permit the establishment of a capitalization threshold. However, for ease of recordkeeping, many reporting entities establish a capitalization threshold to specify the minimum amount of costs that must be incurred before such costs can be capitalized.
- PP&E and Other Assets
This chapter provides guidance on accounting for costs...
- PP&E and Other Assets
Pre-acquisition costs should be reclassified to construction work in progress once construction begins. If construction is no longer probable, the reporting entity should consider whether an impairment loss should be recorded.
22 Φεβ 2024 · This chapter provides guidance on accounting for costs incurred as part of capital projects (PPE 1.2), including a table summarizing the nature of costs that are usually incurred when acquiring or constructing assets and the applicable accounting treatment (PPE 1.2.2).
24 Μαρ 2024 · In this post, I’ll look in-depth at CWIP accounting under Generally Accepted Accounting Principles (GAAP) – from revenue recognition methods to disclosure requirements and emerging industry trends.
15 Νοε 2022 · Assets with construction periods that cross one or more reporting periods, should be separately recognized as assets under construction. These assets are not depreciated until they are available for use.
24 Απρ 2023 · The GAAP departs from that convention only in terms of interest incurred while the asset is under construction, excluding interest incurred during its useful life. That is, interest incurred in preparing the asset for use is regarded as a cost of the asset.
Consistent with the Statements of Financial Accounting Concepts (SFAC), U.S. generally accepted accounting principles (U.S. GAAP) require the capitalization of costs when a future benefit for the expenditure exists.
