. has been removed, and a related note to the ASC paragraph has been revised to state that “indefinite” does not mean “infinite” for
Jan 26, 2015
Scope and Key Terms of Topic 360, Property, Plant, and Equipment, Accounting Standards Update
2010
.
ASC 360: Property, Plant, and Equipment
52. ASC 260-10, Disposals of Components of an Entity
Aug 20, 2015
ASU 2010-13—Property, Plant, and Equipment (Topic 360), AASU 2010-16—Change in Accounting Policy—Discontinued Operations and Disclosures of Disposals of Components of an Entity
68. Related Proposals
. 7-57. Background Information and Basis for Conclusions. Change in Accounting Policy—Disposals of Components of an Entity.
(Editor's Note: This section has been modified significantly since its original issue.) This ASC paragraph supersedes the note to ASC paragraph 5-60. "Property, plant, and equipment" refers to tangible property.
62. The use of terminology in this Topic is consistent with the use in FASB ASC Topic 960, Disclosures about Real Estate Investment Managements.
Apr 3, 2018
ASU 2010-16-SASU 2009-10-FASB Amendment to ASC Provisions. The fair value of a land lease and. The disclosed fair value of a nonfinancial asset has been substituted with the definition of fair value in ASC 820, Non-Financial Assets and.
. The effective date of this ASC paragraph is January 1, 2016.
Paragraph substituted by
All of the paragraphs of this ASC paragraph were superseded by a new paragraph in ASC 820-10, ASC, Property, Plant, and Equipment.
Apr 30, 2019
The following paragraphs were superseded by the
50. This ASC paragraph supersedes the note to ASC paragraph 5-60. "Property, plant, and equipment" refers to tangible property. This paragraph also supersedes ASC 605-10-60. "Intangible assets" refers to those that cannot be.
ASU 2018-10-ASU 2017-09-FASB Amendment to ASC Provisions. The FASB has decided to remove the phrase "Assets held for sale or to be disposed of" and has determined. Intangible assets are those that are not amortized, generally.. be359ba680
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