A deferred charge
(rather than a receivable) would be reported for the purchase of claims to future revenues.
In essence, it clarifies whether restructuring costs should be treated as a current period expense or as a deferred charge
to be amortized over future periods.
The cumulative effect of adopting this accounting change in fiscal year 2005 would also change as the deferred charge
balance at November 1, 2004 would have increased from the Company's previously issued financial statements reflecting the additional deferred charges
Before New Standards: Reported as deferred charges
Prepaid expenses and deferred charges
357,810 * 238
Consequently, constrained current fund operations were evident in the form of annual deferred charges
or operating deficits, approximating $2 million, during that time.
However, though the FASB did not object to AcSEC's undertaking this project on start-up costs, board members expressed concern that the FASB might not be able to support AcSEC's conclusions because the board had not specifically decided how its conceptual framework on assets applies to deferred charges
15 loss per diluted share, including pretax write down of deferred charges
related to HR Management contracts of $272.
Deferred income tax assets and liabilities represent assets and liabilities, not residual deferred charges
Vessel depreciation and amortization of deferred charges
for the refinancing of existing loans ($1,913,600), one-time cash expenses for the refinancing of existing loans ($539,300) and amortization of deferred charges
Moreover, free capital is limited when fixed and foreclosed assets and deferred charges