Question: Please help. Write a five- to seven-page paper, formatted according to APA style as outlined in the Ashford Writing Center (Links to an external site.)

Please help.

Write a five- to seven-page paper, formatted according to APA style as outlined in the Ashford Writing Center (Links to an external site.) Links to an external site. . Your paper should also cite five of the research links below and include an in text citation, a quote from the article. Section heading titles should be centered and in bold.

Address the following questions:

Introduction

Explain the present rules for evaluating a lease and whether it is capitalized or not.

Explain the new lease accounting rules.

What affect will these new rules have on the balance sheet, the income statement and the cash flow statement?

What industries would be affected more than others?

Explain the proposed new Type A and B lease and the differences.

Explain the effects of the proposed lease standards would have on the following: Presentation on the financial statements. How assets and liabilities would be computed. The effect to lease expense due to Front Loading. Interest charges. Year-end reporting. Financial disclosure notes. Income taxes.

Conclusion

The following links can be used for your research:

FASB Issues Lease Rules; Will Have Big Balance Sheet Impacts: http://www.bna.com/fasb-issues-lease-n57982067931/ (Links to an external site.) Links to an external site.

FASB, IASB Revised Proposals Would Cause Significant Lease Accounting Changes: http://www.bna.com/fasb-iasb-revised-n17179874062/ (Links to an external site.) Links to an external site.

New Accounting Proposal on Leasing Portends Big Changes: http://dealbook.nytimes.com/2013/05/16/significant-changes-proposed-in-lease-accounting/ (Links to an external site.) Links to an external site.

Leases: Final Approach or Go-around?: https://www.kpmg.com/Global/en/IssuesAndInsights/ArticlesPublications/Documents/leases-final-approach-or-go-around.pdf (Links to an external site.) Links to an external site.

New Lease Standards May Demand Two Sets of Books: http://ww2.cfo.com/gaap-ifrs/2016/01/new-lease-standards-may-demand-two-sets-books/ (Links to an external site.) Links to an external site.

New Accounting Standards Will Affect Lease Reporting: http://www.truckinginfo.com/article/story/2015/12/new-accounting-standards-will-affect-lease-reporting.aspx (Links to an external site.) Links to an external site.

Congress of the United States: https://www.reit.com/sites/default/files/media/Files/Policy/Letter-to-FASB-re-Lease-Accounting-5-17-12.pdf (Links to an external site.) Links to an external site.

Proposed Lease Standard Facing Congressional Opposition: http://www.schneiderdowns.com/proposed-lease-standard-facing-congressional-opposition (Links to an external site.) Links to an external site.

All Systems Go for FASB Lease Accounting Overhaul: http://www.accountingweb.com/aa/standards/all-systems-go-for-fasb-lease-accounting-overhaul (Links to an external site.) Links to an external site. In depth:

The leasing standard - A comprehensive look at the new model and its impact: http://www.pwc.com/us/en/cfodirect/publications/in-depth/fasb-lease-accounting-model-asc-842.html (Links to an external site.) Links to an external site.

IASB issues leases standard; FASB to follow: http://www.cgma.org/magazine/news/pages/iasb-issues-leases-standard-201613694.aspx?TestCookiesEnabled=redirect (Links to an external site.) Links to an external site.

FASB Lease Accounting: http://proleasesoftware.com/integrated-modules/lease-module/fasb-lease-accounting/?gclid=CJH-3PWTvMsCFUI6gQod4AcOag (Links to an external site.) Links to an external site.

New lease Accounting Standards are coming. Will you be ready?: http://www.visuallease.com/fasb?gclid=CLvf0rKUvMsCFU0vgQodpbsLXg (Links to an external site.) Links to an external site.

New FASB Lease Standard Could Inflate Balance Sheets: http://ww2.cfo.com/accounting-tax/2016/02/new-fasb-lease-standard-inflate-balance-sheets/ (Links to an external site.) Links to an external site.

The Final Paper Must be five to seven double-spaced pages in length, excluding the title page and reference page and formatted according to APA style as outlined in the Ashford Writing Center. Must include a title page with the following: Title of paper Students name Course name and number Instructors name Date submitted Your paper should cite five of the research links above and include an in text citation, a quote from the article. Must use at least five scholarly sources listed above. Be sure to integrate your research (Links to an external site.) Links to an external site. rather than simply insert it. Must document all sources in APA style as outlined in the Ashford Writing Center and here (Links to an external site.) Links to an external site. and here (Links to an external site.) Links to an external site. . Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.

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