EFTA01366764Dataset 10
2015-12-151p729w
Amendment #4 Page 335 of 868 Lade tif commit. New accounting standards In July 2013, the FASB sued ASU 2013.11. Income Taxes (Topic 7401 Presenzton dal Unrecogrvred Tax Bereft Man a Net Operaang Loss Caeryforvani a Sumter Tar Lass. a e Tax Credit CafryksWEITI Exists Or ASU No 2013.11 The arnerdments of MU 2013.11. which were adopted on January 1. 2014, require an erety present an unrecognized tax tonere, or a ;on on of an unrecognized tax…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01366764.pdf
EFTA01367081Dataset 10
2014-12-311p623w
…property, plant and equpment of the operating entity. We are crsrenuy evaluating the mead of the standard on our financial statement Mar 2014. the FASB issued ASU hk> 201409, Revenue from Contracts with Customers, which requires an entity to recognize the anon of revenue to which it expects to be entitled for the transfer of promised goods or services to customers ASU 2014-09 we replace most stating revenue recogntIOn gudance in U S GAAP when it becomes effective. ASU…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01367081.pdf
EFTA01377792Dataset 10
2012-12-311p641w
…Recoveries are reflected as a reduction in the allowance for uncollectible receivables when the recovery occurs. No provision existed prior to 2014. as Square Capital launched in 2014 (see Note 3). Capitalized Software Costs of internal-use software are accounted for in accordance with FASB ASC Subtopic 350-40. Internal-Use Software, and FASB ASC Subtopic 350-50, Intangibles—Website Development Costs, which require the Company to expense software development costs as they are incurred during the preliminary project stage…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01377792.pdf
EFTA01377794Dataset 10
2017-12-151p681w
…an uncertain process. Ultimately, losses may vary from the current estimates. The Company regularly updates its reserve estimates as new facts become known and events occur that may impact the settlement or recovery of losses. Recently Issued Accounting Standards In May 2014, the FASB issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers, a new accounting standard update on revenue recognition from contracts with customers. The new guidance will replace all current U.S. GAAP guidance…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01377794.pdf
EFTA01382869Dataset 10
2014-12-311p456w
…insolvency, bankruptcy or other extraneous reasons, the Company, in certain circumstances is liable for the full amount of the transaction. This liability is considered a guarantee under FASB ASC 460. Guarantees. The Company's legal obligation under these rules is to settle any individual chargcback for which an individual merchant fails to fulfill as noted above. Contractually, the maximum exposure for this obligation is the total amount of transactions processed for the preceding four month period for all merchants, which…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01382869.pdf
EFTA01366410Dataset 10
2015-06-051p772w
…together with the underatiter discount, will be charged to capital upon completion of the Proposed Offering or charged to operations if the Proposed Offering is not completed. Income Tares: The Company follows the asset and liability method of accounting for income taxes under FASB ASC, 740, "Income Taxes." Deferral tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01366410.pdf
EFTA01382791Dataset 10
2016-12-151p399w
…modified retrospective approach. Early adoption is not permitted. On July 9, 2015, the FASB deferred the effective date by one year to December 15, 2017 for annual reporting periods beginning after that date. The FASB also permitted early adoption of the standard, but not before thc original effective date of Da:ember 15, 2016. The Company is currently evaluating the impacts of the new guidance on its consolidated financial statements. Note 2: Restructuring During the years ended December 31, 2014…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01382791.pdf
EFTA01384670Dataset 10
1p505w
…of the organizational and initial offering expenses of the Partnership, the measuring of fair value (as a result of Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 820), or the recognition or unrecognition of uncertain tax positions (as a result of FASB ASC 740). Certain Trading and Investing Techniques Model Risk Certain strategies may require the use of quantitative valuation models that the Management Company has developed over time, as well as valuation models developed by third parties and…
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01384670.pdf