Goto Section: 32.4200 | 32.4320 | Table of Contents

FCC 32.4300
Revised as of January 16, 2020
Goto Year:2019 | 2021
  § 32.4300   Other long-term liabilities and deferred credits.

   (a) This account shall include amounts accrued to provide for such
   items as unfunded pensions (if actuarially determined), death benefits,
   deferred compensation costs and other long-term liabilities not
   provided for elsewhere. Subsidiary records shall be maintained to
   identify the nature of these items.

   (b) This account shall include the amount of all deferred credits not
   provided for elsewhere, such as amounts awaiting adjustment between
   accounts; and revenue, expense, and income items in suspense.

   (c) This account shall include the deferred obligations associated with
   a capitalize operating lease longer than one year. The amounts recorded
   in this account at the inception of an operating lease shall be equal
   to the present value not to exceed fair value, at the beginning of the
   lease term, of minimum lease payments during the lease term, excluding
   that portion of the payments representing executory costs to be paid by
   the lessor, together with any profit thereon.

   [ 67 FR 5690 , Feb. 6, 2002, as amended at  84 FR 4730 , Feb. 19, 2019]

   return arrow Back to Top


Goto Section: 32.4200 | 32.4320

Goto Year: 2019 | 2021
CiteFind - See documents on FCC website that cite this rule

Want to support this service?
Thanks!

Report errors in this rule. Since these rules are converted to HTML by machine, it's possible errors have been made. Please help us improve these rules by clicking the Report FCC Rule Errors link to report an error.
hallikainen.com
Helping make public information public