Classification of a Bad Debt Expense as a Cash Flow. When a business recognizes an expense from bad debt, it is unlikely that the cash flow statement will be affected directly.

If approved, the proposed guidance would replace existing, fact-specific rules with an overarching, cohesive principle for debt classification that would focus on a borrower’s contractual rights and ...

Flowchart: Where the Greek Debt Crisis Goes From Here. By Derek Thompson. September 26, 2011. Share. Save. Confused about the Greek debt crisis? You're not alone.

The first proposed update aims to improve financial reporting by simplifying FASB’s existing guidance for deciding whether debt should be classified as current or noncurrent on a classified balance ...

Jens Nordvig, a currency analyst at Nomura, has produced a useful chart for understanding how the government shutdown and debt ceiling standoff might go from here. His flow chart below both shows ...

The amendments in the proposed ASU could shift classification of certain debt arrangements between noncurrent liabilities and current liabilities as compared with current guidance.

Companies with debt that contains subjective acceleration clauses would no longer be required to assess the likelihood of acceleration of the due date when determining whether the debt is a noncurrent ...