Company buys a call option (long position) and pays a premium for it. Under gaap, how is that premium accounted for?

like
Posting as :
works at
You are currently posting as works at

Who are we billing this to?

likefunny

Lol I have no idea

Derivative asset on the date of purchase; usually a sub ledger of investments but could be broken out into a separate FSLI if material enough to state separately

like

So then the changes in FV would flow through P&L, and then once executed, terminated or expired it should be a realized gain or realized loss?

Depends. Is it a designated hedge? If not, default accounting for derivatives is mark to market. If the trade were designated, amortization over systematic and rational approach. If it is not, immediate P&L recognition. Expense it.

like

The premium should not be capitalized. Any mark to market instruments would book any off market or initial premium components to the P&L immediately. The offset is the derivative asset.

Related Posts

Please suggest some product Based companies that usually have .NET (fullstack or backend )openings?

like
like

Any ETL/ EDW/Guidewire QA opening in your organization for 3+ years experience?


I'm having 3.9 years experience and serving notice period (15 days left) and looking for good roles to take up.

like

If one works as a Graphic Designer but wants to transition into a role as a Visual Designer, is there any reason you can’t just add that to your professional description if you have the requisite work to back it up?

Anyone have recommendations for COVID testing in Arlington? Don’t mind paying but don’t have a referral. Need to go home for family stuff but want a clean test first...

like

My company is hiring for Sales Account Manager, if anyone is interested DM me.

like

Interviewing with a company I’m excited about and they requested to have the next level (I believe final level) be pushed to the second week of January since they’re team is overwhelmed. I agreed and suggested times and am waiting to hear back. Meanwhile I had another company reach out this past week for a role I’m less excited over. They’ve already reached out for my final interview round this week. I already disclosed that I’m waiting to hear from a company I’ve been interviewing with. Cont’d.

like

Hi all,

I'm having 2.3 YOE in Java. I'm looking for a job change(Coimbatore location). Kindly let me know if there is any openings in Coimbatore location.

like

Hello, What should be the ideal compensation for a e-commerce buyer position?
I am based in Los Angeles and recently graduated. I got an offer but I want to know if it is okay.

like

Does anyone have experience relocating a semi-independent non-working elderly parent locally?
I’m looking to move my mom locally to take care of her in just over a year. She wants to live alone so I’m trying to figure out best options. So far im leaning towards buying her a small place so I don’t have to sink money into renting her a place and can at least get some equity. But would love perspective from others about best financial options for someone in my position

like

So I finished my 3rd interview with a company and the TA specialist said they loved me but can’t meet me at my bottom line salary, however, I said I can negotiate and she said she’s going to speak with the decision makers and see if they’re okay with that. What does this mean? This is for a marketing specialist role. I’m asking for $70K bottom line

like
like

Any openings for entry level data engineering role for freshers ?

like

Bain & Company When applying to MBB does having a referral help? How does a referral work? Can anyone do a referral? Bain & Company Boston Consulting Group

like

Hi everybody ! I’ve been working in Dubai for the past 6 months as a Marketing Manager in a Web 3 firm. Coming back to the US due to visa status, I’m looking for a similar position in the Crypto Industry. Due to the very technical nature of the industry and market sentiment, there are only software engineers being hired and no marketing :/ any recommendations to go into those technical Industries as a marketer ?

like

Hi Fishes,
I am looking for a referral in TPM/ Senior TPM role. Kindly let know if either of you can. TIA

like

I heard that internal candidates have much lower salary ranges for promotions / transferring teams. So much so that some people will leave the company a year just to come back to a more competitive offer.

I am in the running for a 2 band level promotion - if / when it gets to salary discussions, should I still try to negotiate? What are peoples thoughts? I would be going from an entry level role for 1 year to a senior role, but I still want a fair compensation compared to other hires.

like

I have recently offered with teksystems and the client I have to work is Optum. It's a contract position with Optum and I will be a permanent employee for teksystem. Can I consider this offer

Hi Guys, any referrals i am looking forward for a switch as i am having 12 years of experience in Operations in which 6 years in Insurance. Please advise if any openings available. Thanks

like

I’m a true solo who just started my practice two months ago. I was just offered a position at a midsize firm making $85k with health and dental. Also possibility of paying off my student loans. I feel like I would be miserable there, but it sounds wonderful to have a steady paycheck. What do I do???

like

More Posts

How do you prevent yourself from self-sabotaging yourself at work when you’re anxious? Dealing with some team members who are ostracizing me. Hurts to be excluded & unwelcome amongst my own flock.

like

Kind of having a breakthrough realizing that self-acceptance is the key to personal growth. Whenever I failed to achieve a goal usually I would just mentally berate myself and couldn't get over that thinking that would motivate me to do better, now that I'm okay with giving myself some latitude and accepting where I'm at and loving myself despite it I have actually made a lot more progress.

likeuplifting

Where’s everyone partying tonight 💃🏻

like

What's a good starting number when transitioning from Jr to Mid level.
27/NYC/2.5 years experience.

likehelpful

I've been working here for about two years now, and I have to say, I love my job. The company culture is great and the people are wonderful to work with. But recently, I've noticed that my manager has been asking me to do more and more work on my own without giving me any additional compensation for my time. He just keeps telling me that if I want to get ahead, then this is what I need to do.

I'm not sure what to do here—do you have any advice?

like

Its amazing how many shaadi.com or bharatmatrimony.com profiles in the US start with 'Only open to Citizens/Green, Card Holders, non-indian born H1B'.

There's a country-based clear pecking order for men and women which is truly entertaining to watch 😄

funnylike

How do I find a lawyer for some disagreement with a previous employer? Haven't used an attorney before so basically don't know where to start. Thanks!

like

How much is GT starting at in non-Miami Florida cities?

like

Hello Visa friends. Would anyone be willing to give a referral?

like

I hit my juul without thinking on a zoom conference during a 2 hour meeting. Nobody said anything but I definitely got some weird looks. Is this going to bite me in the ass? Should I apologize or just not say anything?

likehelpful

Hi All, I have an offer from PWC AC Bangalore for Senior Associate - Advisory. Can you please let me know if the WFH will continue for sometime like 1-2 years or will it end before that? What about the WLB as I have heard that one has to put 12-14 hours frequently. As hr told me that shift will be from 9 to 6 with occasional late night calls..so is it only occasional?..I was interviewed for AWS data engineer position...so projects are there for it or people are on bench..kindly share any info.

like

Can anyone suggest good pgs near office areas? (Hyd)

like

How does a Microsoft PM differs with Google PM?

like

I have accepted the offer from tcs but now getting better opportunities from Delloite USI. If I dont join tcs do they block me for life time?

like

I was fired last month after a short time at the company. I knew things weren't going well- it was a terrible culture fit & I was also planning my exit strategy. They wouldn't give me specific reasons other than to vaguely say it was performance related. I agree I made a few dumb mistakes (none of any dire consequence) but what kills me is that I tried really hard. I don't want to change careers but I have a deep seeded fear that no matter how hard I try, I will never be a "good attorney".

like

Hey - anyone at Deloitte Nashville who would be willing to refer my application?

All I want for christmas is client value creation!

like

Simple solution to know if you are paid well.

Calculate based on your year of experience for backend software developer just multiply with 10 lakh
If you starting it should be around 8 lakh.

1 years 10 lakh
2 years 20 lakh
3 years 30 lakh
4 years 40 lakh
5 years 50 lakh
If yiu not getting that its right time to make switch keep switching untill u fulfill above to amkr sure you are at right band. Keep switching keep exploring earn more ... all the best

funnylikesmart

Would anyone know how much a VP would make at companies like Egnyte, Immuta or Segment.

like

Senior Backend Engineer @ Better
Full-time, On-site (New York)/New York, NY
$150k - $220k
5+ years of experience in coding in at least one of these: Python, Golang, C++, Node.js
3+ years of experience contributing to the architecture and design of new and existing systems (architecture, design patterns, reliability, and scaling)
Familiar with Git, Docker, CI/CD, unit testing, agile development. Proficient in Golang and AWS services.

DM FOR DIRECT REFERRAL

like

Additional Posts in Accounting

I am looking to get into tax tech. Do you have to have a tax background to have a shot in tax tech or do ppl in tax tech hire from diverse backgrounds?

like

Looking for a new office chair at home. Any suggestions?

Two key qualities: comfortable and adjustable

Price is very flexible. Much rather pay more for a nicer chair than get a deal.

Thanks!

like

How does one handle a manager/performance coach that is a micromanager that calls/IMs you every 5 seconds to come to his/her cubicle for every fart sitting crossways?

like

Best high yield savings account ?

like

How long does it take from the moment one applies for the CPA, to actually receiving it in NY?

like

Has anyone from PwC know yet if they’ve been promoted? When do they usually start telling you?

like

How to improve efficiently/productivity in the office?

like

How do you deal with extremely nosy coworkers?

like

I'm not actively looking but would like to activate the option on LinkedIn that lets recruiters know that I am open to opportunities when/if I come up on their searches.

Does anyone know if turning this feature on comes up as a notice to my connections? I would like to avoid this as I have some colleagues from current firm, including a Partner.

like

Lifted from r/. Who is your archenemy at work? Manager, sales, marketing?

like

Do new audit staff at PwC have access to Independence Checkpoint? I want to preclear an investment but I can't seem to log into the tool.

like

Internally generated intangible assets—can a company capitalize more than they paid out in salaries. Ex: developer’s time is capitalized at $50/hour worked to 5 different software products. (cont)

like

I have an offer doing pretty much my same job at a smaller firm. It’s only a 6% base raise but they are giving me a bonus each year to make up for the amount my salary falls short of the salary number I gave them that it would take for me to leave. Would you take the offer?

like

PWC Audit A3 to Senior Consultant, Risk Advisory at a very small firm? Thoughts

like

Getting ignored by your senior manager when you're trying to be proactive and avoid unnecessary fire drills 👎

like

Anyone ever thought about turning down a job offer because their office looked like crap? Think 1980's old school office.

like

Would any of you go work at Deloitte Tax even though they laid people off earlier this summer?

like

Pros and cons of buying a small condo (1b/1ba) now rather than waiting another 3 years minimum to be able to afford a home? High COL area.

like

The sun is shining and I am ready to face the day! Let's do this.

like

EY ladies...do you all use the tote bag they allowed you to select during on-boarding? It's is cheesy to use that bag, since it's generic and everyone has it?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal