2017年1月, the Financial 会计 St和ards Board (FASB) issued proposed 会计 St和ards Update (ASU), Debt (Topic 470):  Simplifying the Classification of Debt in a Classified Balance Sheet (Current versus Noncurrent). The objective of this proposed st和ard is to provide guidance that will reduce the cost 和 complexity of determining the current versus noncurrent classification of debt on the balance sheet. 2018年3月, FASB投票确认了对征求意见稿的某些修订, 目前正在准备最终的ASU, 预计2018年第三季度会发生什么.

拟议的ASU适用于所有参与债务安排的实体, 定义为, an arrangement that provides a lender with a contractual right to receive consideration 和 a borrower with a contractual obligation to pay consideration on dem和 or on fixed or determinable dates. These arrangements would include debt securities, loan agreements 和 revolving credit arrangements.  在2018年3月的投票中, the FASB also voted to include lease liabilities within this proposed presentation guidance.

主要条款:

An 实体 can classify an instrument as noncurrent if either of the following criteria is met as of the balance sheet date:

1. 负债将在资产负债表日后一年以上结算.
2. The 实体 has the right to defer settlement of the liability for at least one year after the balance sheet date.

The most significant change from current GAAP would prohibit short-term debt that is refinanced on a long-term basis after the balance sheet date to be classified as a noncurrent liability. Current GAAP also requires an 实体 to consider acceleration clauses or other material adverse change clauses when determining classification of debt as current versus noncurrent. This proposed ASU would remove that assessment 和 would only impact classification when it is triggered.

IN PRACTICE FOCAL POINT – Entities that have debt maturing within the early months of upcoming reporting periods will likely need to commence refinancing discussions earlier than in the past.  Presentation of debt as current may impact various industries which have regulatory reporting requirements using working capital as a benchmark.  We recommend that entities subject to these requirements discuss these anticipated changes with the appropriate lenders 和 regulators to coach them on the potential impact, 并确保这一改变不会带来意外的负面影响.

最后, 符合现行公认会计准则, the proposed ASU would still allow an 实体 to classify a debt arrangement as a noncurrent liability when a covenant violation has occurred 和 the 实体 receives a waiver of the violation after year end, 但在财务报表发布之前, 如果满足某些条件, 如下提到的.

• One of the criteria in paragraph 470-10-45-22 would have been met absent the covenant violation
• The period of the waiver is greater than one year (or operating cycle) from the balance sheet date
• The waiver does not result in a modification that is an extinguishment of debt or a troubled debt restructuring, 实体, 这些交易的指导方针将适用
• It is not probable that any other covenants in the debt arrangement will be violated within 12 months (or operating cycle) from the balance sheet date

然而, 根据建议的指引, 一个实体现在将被要求单独在资产负债表上显示, the amount of debt classified as noncurrent because of waivers obtained after the balance sheet date (see presentation example below).

演示的例子:

The proposed ASU would also require an 实体 to disclose the following information about any events of default:

1. 对缺陷的解释
2. 拖欠债务的数额
3. 弃权条款，包括弃权期限(如适用)
4. 实体所采取的行动过程的描述, 或者计划, 弥补不足

有效日期:

The proposed ASU will be effective for public entities for fiscal years beginning after December 15, 2019. All other entities would be required to implement for fiscal years beginning after December 15, 2020. 允许提前采用. 当采用提议的ASU时，一个实体应该应用一个预期的方法转换.

最佳实践焦点——因为这个被提议的标准, it is even more imperative for entities to begin planning for events which extend beyond the next 12 months.  这在2016年底变得更加普遍, 由于FASB发布了新的持续经营标准ASU号. 2014-15, which required entities to assess going concern for a period ending twelve months after the date the financial statements were issued (or available to be issued).  A best practice for entities to consider with their lenders is to include a provision within debt agreements to allow for auditor reports which include a going concern emphasis of matter paragraph due to presentation of debt as noncurrent.  This will ensure that entities do not have a covenant violation merely because of presentation of debt as noncurrent.

下面是ASU的链接.

http://www.美财会委.org/jsp/FASB/Document_C/DocumentPage?cid = 1176168748705&acceptedDisclaimer = true

如果您对这个ASU的实施有任何问题, 请联系下面一位LBMC的会计和审计专家:

Brad bond注册会计师是LBMC医疗服务保证团队的股东. 他主要专注于私募股权和风险资本支持的医疗保健实体. 电子邮件布拉德在 bbonde@sepon-boutique-resort.com 或电话 .