Analyze the impact of the new standard on the reporting of your chosen company’s leases.

Accounting is the language of business, and it is not a dead language! The FASB is responsible for ensuring that all relevant and material financial information is properly codified in Generally Accepted Accounting Principles (GAAP).
The use of off balance sheet leases to distort the real liabilities of companies is a topic of long-lived concern. ASU 2016-02, Leases, is the most recent action of FASB to address this issue.
For this assignment you will select a company of your choice or use one (1) of the companies you researched in your weekly discussions to write a six to eight (6-8) page report in which you:

  1. Summarize the impact of ASU 2016-02, Leases on the recording of leases.
  2. Discuss at least three (3) elements featured in the current information reported by your chosen company for its leases.
  3. Analyze the impact of the new standard on the reporting of your chosen company’s leases.
  4. Compare and contrast the impact that ASU 2016-02, Leases will have on the financial ratios of your chosen company.
  5. Determine the impact of the changes to accounting for leases on the recommendations of stock analysts for your chosen company.
  6. Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other websites do not qualify as academic resources.
  7. Your assignment must follow these formatting requirements:
  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
  • The specific course learning outcomes associated with this assignment are:
  • Examine accounting principles and concepts used in businesses.
  • Prepare and record financial transactions in the accounting cycle according to Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) accounting methodology.
  • Prepare and analyze financial statements including the balance sheet, income statement, and statement of cash flow according to GAAP and IFRS.
  • Examine inventory costing and valuation according to GAAP and IFRS.
  • Analyze how GAAP is applied to asset valuation and liabilities.
  • Determine how to value investments and how to report them based on that valuation.
  • Analyze the accounting for corporation requirements related to stock valuation, dividends, and retained earnings.
  • Calculate financial ratios, interpret results, and draw conclusions.
  • Use technology and information resources to research issues in financial accounting.
  • Write clearly and concisely about financial accounting using proper writing mechanics.

Quick Quote

Approximately 250 words
Total price (USD) $: 10.99

Spend Hours doing a Paper or spend less and LET OF STRESS!

Read Reviews from Clients Ordered this Assignment

Thomas Long

The first time I ordered here and it was a success. I received my order on time and according to my instructions, the professor gave me. The two points they claim to excel in are true. Thank you!

Thomas Long

Joyce Lee

Thanks for the excellent job. Swift and on the subject, just the way I like it. The Support team was quite nice to me, helped me with the order placing process.

Joyce Lee

Jonathan Stone

They are a marvel. I love their support team, they are so polite, it’s like speaking to a butler or something. Very pleasant people and good service of course.

Jonathan Stone

Grace Potter

What I received was great. I forgot to mention in the instructions field that I needed reference page and by default, there was 0 in the number of references. I was surprised to see a full-fledged reference page in my paper with relevant citations. Bravo!

Grace Potter

Rebecca Chang

After ordering with you I decided to recommend this place to my friends. This is my token of appreciation for your good work.

Rebecca Chang

James Matthew

Thank you for the help, I took my time and ordered a 14 days long essay. It came much earlier, around 7 days after I ordered it. Oh, and it was good, of course. I like the writer who did that, will definitely use again.

James Matthew

Zane Sheridan

Good experience. I received a B for the paper you’ve written. Thank you so much. You’ve found a returning customer.

Zane Sheridan

Derek Holland

You guys made me rethink the whole thing. I received my paper according to my instructions and way before my deadline. I am so hopeful about this.

Derek Holland

Confidentiality Guaranteed

We value your privacy and deserve your complete trust. Our privacy guarantee provides you with security in regard to your personal information. We won’t share these details with anyone, for any reason

U

Plagiarism Free

Our Professional Team of Writers understand and upholds Plagiarism Rules and always work towards presenting Plagiarism Free work in order to achieve High Quality Essays. Additionally, we employ Quality Control tools such as plagiarism and grammar checkers while at the same time a Quality Assurance Team to ensure your assignment is a Plagiarism Free masterpiece ready for submission.
}

On-time Delivery

It’s normal to forget an assignment that is due in a few minutes or even hours. Our Professional Team of Writers and 24 Hour Support/Response are always here to help you with an Urgent Essay while at the same time providing you with a High Quality Essay and On time Delivery. Our Team has always been subjected to more tough conditions and have always endured and delivered essays on time.

How to Place an Order

24 Hour Support/Response

At PaperHelpCenter.com, We have a 24 Hour Support/Response. Our 24 Hour Support/Response Team can be reached through Whatsapp, Facebook, Email or a Phone Call

Let’s face it, It can get quite nerve-wracking doing homework assignments especially on a tight deadline by yourself. At PaperHelpCenter.com, we have dealt with enormous types of Essay Writing Assignments within different sets of conditions and time frames and we have received more than exceptional results from our customer reviews. Our Professional Team of Writers is always ready to help and provide High-Quality Essay Writing at flexible pricing within any level of urgency. Our academic paper writers have profound experience in what professors are looking for and are able to tailor-make any paper to your requirements! Our Essay Writing employs Quality Control Tools to make sure what you get matches the price.

You can order any type of content at PaperHelpCenter.com. Do you need an essay for the social science class? No problem. Do you want a lab report for your chemistry course? We can complete it for you! How about multiple-choice questions for the marketing course? We’ll assign a marketing expert to solve them for you! From simple essays to programming assignments to entire dissertations, you can order any kind of academic paper at our website. That’s exactly why so many students from all around the world choose us as their faithful companions throughout their academic journey. We give them the self-confidence they need, so they can continue their studies without being scared that they would fail because of a simple essay