Impact of Financial Accounting Standards Board (FASB) Accounting Standards Update ASU 2016-02 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:

Summarize the impact of ASU 2016-02, Leases on the recording of leases.
Discuss at least three (3) elements featured in the current information reported by your chosen company for its leases.
Analyze the impact of the new standard on the reporting of your chosen company’s leases.
Compare and contrast the impact that ASU 2016-02, Leases will have on the financial ratios of your chosen company.
Determine the impact of the changes to accounting for leases on the recommendations of stock analysts for your chosen company.
Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other websites do not qualify as academic resources. 
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.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyhomeworkGeeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
10th grade English
very good
Customer 452773, March 26th, 2023
LEADERSHIP
excellent job
Customer 452773, August 12th, 2023
business
Great job
Customer 452773, February 13th, 2023
Marketing
excellent work
Customer 452773, September 25th, 2024
Criminal Justice
The paper was not accused of plagiarism and was written very well. I will let you know the grade once it is graded. Thank you
Customer 452671, April 26th, 2021
Sociology
THANK YOUUUUU
Customer 452591, March 18th, 2021
Leadership Studies
excellent job as always
Customer 452773, September 2nd, 2023
Management
Love this writer!!! Great work
Customer 452597, April 5th, 2021
Leadership Studies
excellent job
Customer 452773, July 28th, 2023
Business and administrative studies
excellent work
Customer 452773, March 9th, 2023
Management
Thank you!!! I received my order in record timing.
Customer 452551, February 9th, 2021
History
Looks great and appreciate the help.
Customer 452675, April 26th, 2021
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Close

Sometimes it is hard to do all the work on your own

Let us help you get a good grade on your paper. Get professional help and free up your time for more important courses. Let us handle your;

  • Dissertations and Thesis
  • Essays
  • All Assignments

  • Research papers
  • Terms Papers
  • Online Classes