WebA deferred outflow of resources is a consumption of net assets by the government that is applicable to a future reporting period. ... These defined terms include deferred outflows … Webdeferred tax asset of $984,071,000. The realization of this deferred tax asset is dependent on the generation of future taxable ... inflows from continuing use that are largely independent of the cash inflows of other assets or CGUs. Goodwill arising from a ... willing parties. For exploration properties, fair value is based on the implied fair ...
MAKING SENSE OF DEFERRED INFLOWS AND OUTFLOWS OF …
Web• The nature amount amounts of assets and deferred inflows of resources related to PPPs recognized in financial statements • The discount rate or rates applied to the measurement of the receivable for installment payments, if any • The amount of variable payments not previously included in WebDeferred inflows of resources Fiduciary net position, which equals assets, plus deferred outflows of resources, minus liabilities, minus deferred inflows of resources. The statement of changes in fiduciary net position reports on the inflows and outflows of resources that increased and decreased its net position, respectively, and contains the ... css selector immediate child
GAAP Process and GASB Update FY2024
WebSep 21, 2011 · 9/21/2011. The latest Exposure Draft issued by the Governmental Accounting Standards Board (GASB) identifies deferred outflows of resources and deferred inflows of resources. Such items are defined in Concepts Statement No. 4,“Elements of Financial Statements,” but have not been specifically acknowledged as … WebDeferred outflows (inflows) of resources Information about the balances of deferred outflows (inflows) of resources, classified as follows: Differences between expected and actual experience. Changes in assumptions or other inputs. Net difference between projected and actual earnings. WebCurrently, many items that appear to meet the definition of deferred outflows of resources and deferred inflows of resources according to Concepts Statement No. 4, Elements of Financial Statements, are not specifically identified as such throughout the GASB’s authoritative literature. Because the Concepts Statement specifies that recognition ... earl\u0027s furniture erath la