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