Independent-Transactions
Independenttransactions(for example, companies engaged in both3317
….transactionsare with a related entity rather than with an independent44089
the accounting for lease financing transactionsby independent44117
….transactionsinvolving manufacturers or dealers with independent44629
profit on the sale and (b) treatment as two independent transactions….72933
Lease-Transactions
..transactionsbe amortized over the life of the lease. The adoption of3393
in essence capital transactions.APB 27: Accounting for Lease
…Transactionsby Manufacturer or Dealer43977
the accounting for lease financing transactionsby independent44117
Two-party Lease Transactions….44135
4. Leases equivalent to sales. Some lease transactionswith44147
some lease transactionsthat otherwise appear to meet the tests of44269
some operating lease transactionsand thus retain substantial risks of44429
The Opinion entitled "Accounting for Lease Transactionsby44645
Lease Transactionsby Manufacturer or Dealer Lessors"; and APB Opinion67497
purchaser in some operating lease transactionsand thus retain69069
Opinion No. 27, "Accounting for Lease Transactionsby Manufacturer or71147
Sale-Leaseback Transactions….72915
Cash-Transactions
Accrual accounting goes beyond cash transactionsand attempts to156385
goes beyond cash transactionsand recognizes the financial effects on161693
cash, by issuing stock, or in transactionswith related parties. If196391
…..transactionsinvolve a number of overlapping cash-to-cash cycles of202485
80. Thus, accrual accounting is based not only on cash transactions….209125
Non-Cash- Transactions
….transactionsfrom noncash transactions is compounded by the high138879
transactions from noncash transactionsis compounded by the high138879
smaller, and noncash transactionsare less prevalent. Gross cash flow139081
recognize the financial effects of noncash transactionsand events as156387
Monetary-Transactions
in other nonmonetary assets--are monetary transactionssince the47233
Non-monetary-Transactions
Accounting for Nonmonetary Transactions….46941
nonmonetary transactionshave been accounted for at the estimated fair47065
Present Accounting for Nonmonetary Transactions….47249
nonmonetary transactionsare nonreciprocal transfers between an47305
7. Nonmonetary Exchanges. Many nonmonetary transactionsare47331
of the types of nonmonetary transactionsdescribed in paragraphs 5 to47389
"part-monetary, part-nonmonetary" transactionshaving illogical48051
Exchange-Transactions
Problem. Business transactionsoften involve the exchange of36477
. Most business transactionsinvolve exchanges of cash or other47023
exchange transactionsto be inappropriate for restructured receivables117261
economic effect on transactionsthat require exchanges between a131611
and no exchange gain or loss on the current year's transactionsis134651
….transactionsmay fit the definition of exchange gains or losses in137645
Interest rate swap transactionsgenerally involve the exchange of147729
short, most liabilities are incurred in exchange transactionsto207299
exchange transactionsare contractual in nature--based on written or207303
in equity. This class comprises four kinds of exchange transactions…..208049
60. Comprehensive income results from (a) exchange transactionsand208461
and most of its exchange transactionswith other entities are ongoing208473
exchange transactionsor to add value through operations to assets it210205
other agreements resulting from exchange transactionsand laws or210643
139. Most liabilities result from exchange transactionsin which an211001
exchange transactionswith other entities that constitute the211323
available to it in exchange transactionsor through production. Once212045
exchange transactionswith other entities. For example, prerelease212165
Exchange transactions 77 …….212559
liabilities but is often closely related to exchange transactionsin213483
in par. 50, the exchange transactionsare in class A, while the213519
liabilities incurred in exchange transactionsare contractual in215571
in equity. This class comprises four kinds of exchange transactions….216509
exchange transactionsand other transfers between the enterprise and216891
…transactionsbut also on credit transactions, barter exchanges,218945
other agreements resulting from exchange transactionsand laws or220855
207. Most liabilities result from exchange transactionsin which an221211
to it in exchange transactionsor through production. Once that222643
Exchange transactions137….223129
exchange transactionsin which the grantor expects to receive224039
liabilities but is often closely related to exchange transactionsin224333
in paragraph 64, the exchange transactionsare in class A, while the224369
resources in exchange transactionsin markets. Both obtain labor,229463
Currency-Transactions
b. Gains and losses on foreign currency transactionsthat are82035
c. Gains and losses on intercompany foreign currency transactions…82045
…Transactionsand Foreign Currency Financial Statements129051
reporting for foreign currency transactionsin financial statements of129141
3. To incorporate foreign currency transactionsand foreign129171
translation of foreign currency transactionsand foreign currency129255
Foreign Currency Transactions….129321
apply to all foreign currency transactionsof an enterprise other than129335
8. Although paragraph 7 refers to foreign currency transactions of129381
…transactions whose terms are stated in a currency other than its local129387
and expenses that result from foreign currency transactionsof the129411
enterprise. Foreign currency transactionsof an enterprise involve129413
liabilities, revenue, and expenses from foreign currency transactions..129417
resulting from foreign currency transactions of the enterprise.129561
foreign currency transactionsare included in income in a different129677
Currency Transactionsand Foreign Currency Financial Statements,"131287
FOREIGN CURRENCY TRANSACTIONS…131437
67. Foreign currency transactionsmay involve three stages:131487
economic effect on transactionsthat require exchanges between a131611
Unsettled Foreign Currency Transactions…131623
Future Foreign Currency Transactions…131647
process as foreign currency transactionsof a U.S. company.131709
change on an enterprise's unsettled foreign currency transactionsand131751
to foreign currency transactionsof U.S. and foreign operations. A131755
future local currency transactionsof that operation. For example,131761
attempt to account for local and foreign currency transactionsof132329
consolidated financial statements. The foreign currency transactions…132343
of an enterprise and the local and foreign currency transactionsof132345
currency transactionsof a U.S. enterprise or, with minor132849
translation of foreign currency transactionsand foreign currency132921
FOREIGN CURRENCY TRANSACTIONS…132955
numerous foreign currency transactionsor for a foreign operation to133149
and expenses that result from foreign currency transactionsof the133351
retains the foreign currency as the unit of measure for transactions….134641
local currency transactionsduring the current year are restated134647
Foreign Currency Transactions….134669
general basis for translation of foreign currency transactions…136127
foreign currency transactionsmay not be readily ascertainable, the136333
currency transactionsor foreign operations of enterprises vary, and136623
information about foreign currency transactionsand foreign operations137125
Currency Transactionsand Foreign Currency Financial Statements" (see191553
Lease-Transactions
for leasing transactionsand lease agreement revisions (see paragraph70321
have been effective for leasing transactionsentered into on or after71047
Opinion No. 27, "Accounting for Lease Transactionsby Manufacturer or71147
dealers often engaged in leasing transactionsthat, except for the73479
best served by making the statement effective for leasing transactions….73767
Effective Date: For leasing transactionsand revisions entered into139775
and consummating leasing transactions(e.g., commissions and legal139823
incurred in connection with specific leasing transactionsand139847
directly related to consummated leasing transactionsand that vary139873
either with specific leasing transactionsor with the general level of139875
specific completed leasing transactionswould be excessive. The Board139955
respect to completed leasing transactionsshall also be included in140057
be effective for leasing transactionsand lease agreement revisions140087
Past-Transactions
of past transactionsor events. [Footnote references omitted.]78823
other entities in the future as a result of past transactionsor87331
of past transactionsor 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 future105153
controlled by a particular entity as a result of past transactionsor105723
of past transactionsor events. [Footnote references omitted.]105735
the effects of past transactionsand existing conditions, not future132909
change on past unsettled transactions(for example, receivables from135809
Past Transactionsand Existing Conditions153411
effects of past transactionsand existing conditions, not future153425
primarily the effects of past transactionsand existing conditions,154355
entities in the future as a result of past transactionsor events"161829
stewardship use, accounting compiles records of past transactionsand195149
by a particular entity as a result of past transactionsor events.206015
of past transactionsor events.206025
controlled by a particular entity as a result of past transactionsor206951
a result of past transactionsor events.207185
past transactionsor events." The following discussion amplifies that209987
entities in the future as a result of past transactionsor events."210599
by a particular entity as a result of past transactionsor events.213957
of past transactionsor events. 213967
controlled by a particular entity as a result of past transactionsor215177
a result of past transactionsor events.215459
past transactionsor events." Paragraphs 26-34 amplify that220199
entities in the future as a result of past transactionsor events."220809
of past transactionsor events or the present status of an asset or229859
Anticipated-Transactions
…..Transactionsand events--past, present or reasonably anticipated.6515
Hedges of Anticipated Transactions….141911
assets, liabilities, firm commitments, or anticipated transactions…142095
certain anticipated transactionsnot involving existing assets,143605
Hedges of Anticipated Transactions…143773
54. Although, in a technical sense, the anticipated transactions…143827
However, not all unpriced anticipated transactionsinvolve risk for an143845
Anticipated transactionsactually increase an enterprise's exposure143863
Swap- Transactions
Interest rate swap transactionsgenerally involve the exchange of147729
in arranging interest rate swap transactionsfor customers. The147739
Incidental-Transactions
results of the entity's incidental or peripheral transactionsand some202541
incidental transactionsof an entity and from all other transactions206099
incidental transactions of an entity and from all other transactions….206099
incidental transactionsof an entity and from all other transactions206111
incidental transactions of an entity and from all other transactions…206111
incidental transactionsof an entity and from all other transactions208703
incidental transactions of an entity and from all other transactions…208703
incidental transactionsof an entity and from all other transactions208719
incidental transactions of an entity and from all other transactions..208719
incidental transactionsand from other events and circumstances 208743
and incidental transactionsand activities. Revenues and expenses211319
incidental transactionsof an entity and from all other transactions214047
incidental transactions of an entity and from all other transactions…214047
incidental transactionsof an entity and from all other transactions 214057
incidental transactions of an entity and from all other transactions…214057
incidental transactionsof an entity and from all other transactions217141
incidental transactions of an entity and from all other transactions..217141
incidental transactionsof 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 transactionsof217277
incidental transactions and activities. Revenues and expenses result 221529
Internal-Transactions
Internal transactions…78 212591
Internal transactions…138 223161