Commercial paper programs are established for the issuance of CP in domestic markets and in foreign markets, in the form of Euro-CP (ECP). The paper of commercial paper programs i...
Current yield is the amount of return on an investment based on the clean price of a bond determined by dividing its annual coupon (nominal yield) by its market price. It simply s...
How is bond equivalent yield measured?
The semiannual yield to maturity is the yield to maturity on a semiannual-pay bond equal to the discounted rate per semiannual period times two. As such, these yields are not effe...
How do stock splits effect share value?
If either an increase in the number of authorized shares and/or a change in par value are necessary, a split up or split down requires an amendment to the company’s articles of inc...
How do lessors classify leases under ASC 842 and IFRS 16?
Accounting standards require lessors to identify lease transactions that transfer to the lessee control over the leased asset and substantially all of the risks and rewards inciden...
How do lessors classify leases under ASC 840 and IAS 17?
Except for real estate leasing, leases are classified by the lessors on the basis of an assessment of the characteristics of the arrangement at the inception or modification of the...
US Treasury securities can be bought directly for accounts held with the US Treasury via TreasuryDirect. TreasuryDirect is a web-based system established by the US Bureau of Publi...
How are stock dividends accounted for?
The usual accounting for a stock dividend is to decrease retained earnings and increase the paid-in capital accounts by a corresponding amount, the amount transferred depending on...
A public offering involves the sale of new securities and/or the resale of a block of previously issued shares to the general investing public with the objective of attracting inte...
How are leases classified by lessees under ASC 842 and IFRS 16?
Under both IFRS 16 and ASC 842 lessees are required to recognize most leases on their balance sheets as lease liabilities with corresponding right-of-use assets. The new accountin...
