[PDF] asu 2015-17 early adoption

Public and Private Companies

Both public business entities and non-public business entities (private companies) have the ability to early adopt several standards that may simplify the accounting and financial statement preparation at the December 31, 2016 year-end. Consider the following: 1. Income taxes: ASU 2015-17 Income Taxes (Topic 740): Balance Sheet Classification of De...

Additional Asus Private Companies May Consider For Early Adoption

Some ASUs already required to be adopted by public companies are not yet effective for private companies, but may be early adopted. The following two ASUs could simplify the accounting and reporting by private companies in the right circumstance: 1. Business combinations: Measurement period adjustments that may be made up to one year from a busines...

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Is early adoption permitted?

Early adoption is permitted. For public business entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years.

When can a goodwill impairment test be adopted?

Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. Public business entities should apply the amendments in this Update to annual periods beginning after December 15, 2017, including interim periods within those periods.

When can a company adopt the guidance?

Those entities may elect to adopt the guidance for annual reporting periods beginning after December 15, 2019 and for interim reporting periods within annual reporting periods beginning after December 15, 2020. Early adoption is permitted.

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Company December 31 2014 AEP $ 88.5 APCo 21.6 1&M 7.8

31 déc. 2014 effective for annual periods beginning after December 15 2016 with early adoption permitted. Management adopted ASU 2015-17.



FASB ISSUES ASU TO SIMPLIFY THE BALANCE SHEET

31 déc. 2015 FASB ISSUES ASU TO SIMPLIFY THE BALANCE SHEET ... The FASB recently issued ASU 2015-17 as part of its ... Early adoption is permitted.



FINANCIAL STATEMENTS - ICE Clear Europe Limited - Years

24 févr. 2016 ASU 2015-17 will be effective on a retrospective basis for annual reporting periods beginning after December 15 2016



2015 real estate industry update

12 déc. 2015 Early adoption permitted (not linked to revenue or any other standards) ... ASU 2015-17 Balance Sheet Classification of Deferred Taxes.



Quarterly Accounting Roundup: Year in Review — 2017

13 déc. 2017 Early adoption is permitted including adoption in any interim period. The ASU's amendments should be applied prospectively to awards ...



Valencia Water Company

early adopted ASU 2015-17 as of December 31 2015



US GAAP versus IFRS - EY

23 févr. 2018 After the adoption of ASU 2015-17 all ... amendment. However



29Z016

26 févr. 2016 In November 2015 the FASB issued ASU 2015-17



Accounting Roundup

31 mai 2017 related to adoption of the new revenue recognition standard (ASU 2014-09). ... Early application is encouraged if Statement 74 has been.



AT&T INC. FINANCIAL REVIEW 2015

18 févr. 2016 ... been adjusted to reflect our change in accounting for customer fulfillment costs and the early adoption of ASU 2015-03 and ASU 2015-17.