Case Studies Outline
Case 2: Accounting for Leases At American Airlines
Topics:
Case Studies Outline
Case 2: Accounting for Leases At American Airlines
Topics:
• Accounting for Leases
• Managing a change in Accounting Rules
• On- and off-balance sheet obligations
• Valuation and financial statement impact of different accounting standards
What you need to do:
Read the assigned case (in coursepack) and answer the following questions:
1. Would you recommend that accounting standard setters require firms to capitalize variable leases under the new standard? Why of why not?
Double spaced, 12 font