Embed topic in ASC

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Aug 6th, 2022
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How to embed topic in ASC

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hello and welcome to our webcast Iamp;#39;m Amy Pendergrass with moss Adams and Iamp;#39;m going to get us started for todayamp;#39;s session how ASC topic 842 impact agribusinesses before we begin Iamp;#39;m going to play a brief video welcome and thanks for joining weamp;#39;re pleased to present our continuing professional education webcast series before we begin please keep the following in mind you can customize how you view our presentation and interact with the presenter for better viewing close all other applications and turn up your speaker volume you can adjust window size and placement or enter full screen mode using the controls at the top right of the window or dragging the bottom right hand corner to resize at the bottom of your screen youamp;#39;ll see a series of icons that relate to a different aspect of our session you can download a PDF of todayamp;#39;s slides from the slide deck and handouts widget you can ask questions by typing in the Q a window and clicki

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An embedded lease is a lease agreement existing within a contract. A lease is defined as a contract that conveys the right to control an identified asset for a period of time in exchange for consideration.
Embedded Derivatives Example An equity-linked note is a debt instrument that promises the principal repayment. The final payment or the principal repayment is based on the performance of a particular stock. The stock is included in the equity-linked note as an embedded derivative.
ASC 815 requires that all derivative instruments within its scope (including embedded derivatives that have been separated from their host contracts for accounting purposes) be recognized and subsequently measured on the balance sheet at fair value in ance with ASC 820, Fair Value Measurement, regardless of
ASC 825 provides entities with the option to report certain financial instruments at fair value, simplifying financial reporting and enhancing comparability across entities.
ASC 815-40. 50-1 Changes in the fair value of all contracts classified as assets or liabilities shall be disclosed in the financial statements as long as the contracts remain classified as assets or liabilities.
Codification Organization Presentation (Topics 205 through 280) Assets (Topics 305 through 360) Liabilities (Topics 405 through 480) Equity (Topic 505) Revenue (Topic 605) Expenses (Topics 705 through 740) Broad transactions (Topics 805 through 860)
ASC 815-15-25-17D provides examples of common terms and features, discusses whether such terms and features are generally debt- or equity- like, and lists factors that an entity might consider in determining the relative weight to assign to such terms and features.

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