Deferred financing cost (original) (raw)
Deferred financing costs or debt issuance costs is an accounting concept meaning costs associated with issuing debt (loans and bonds), such as various fees and commissions paid to investment banks, law firms, auditors, regulators, and so on. Since these payments do not generate future benefits, they are treated as a contra debt account. The costs are capitalized, reflected in the balance sheet as a contra long-term liability, and amortized using the or over the finite life of the underlying debt instrument, if below de minimus. The unamortized amounts are included in the long-term debt, as a reduction of the total debt (hence contra debt) in the accompanying consolidated balance sheets. Early debt repayment results in expensing these costs.
| Property | Value |
|---|---|
| dbo:abstract | Deferred financing costs or debt issuance costs is an accounting concept meaning costs associated with issuing debt (loans and bonds), such as various fees and commissions paid to investment banks, law firms, auditors, regulators, and so on. Since these payments do not generate future benefits, they are treated as a contra debt account. The costs are capitalized, reflected in the balance sheet as a contra long-term liability, and amortized using the or over the finite life of the underlying debt instrument, if below de minimus. The unamortized amounts are included in the long-term debt, as a reduction of the total debt (hence contra debt) in the accompanying consolidated balance sheets. Early debt repayment results in expensing these costs. (en) |
| dbo:wikiPageID | 18842464 (xsd:integer) |
| dbo:wikiPageLength | 2105 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID | 1110106866 (xsd:integer) |
| dbo:wikiPageWikiLink | dbr:Deferred_Acquisition_Costs dbr:Depreciation dbr:Investment_bank dbr:Law_firm dbr:Balance_sheet dbr:Deferred_Tax dbr:Preferred_stock dbc:United_States_Generally_Accepted_Accounting_Principles dbc:Commercial_bonds dbr:Auditor dbc:Costs dbr:Maturity_(finance) dbr:Effective_interest_method |
| dbp:wikiPageUsesTemplate | dbt:Reflist dbt:Bond_market dbt:Finance-stub |
| dct:subject | dbc:United_States_Generally_Accepted_Accounting_Principles dbc:Commercial_bonds dbc:Costs |
| gold:hypernym | dbr:Concept |
| rdf:type | yago:WikicatCommercialBonds yago:Attraction111426530 yago:ChemicalBond111436283 yago:Force111458624 yago:NaturalPhenomenon111408559 yago:Phenomenon100034213 yago:PhysicalEntity100001930 yago:PhysicalPhenomenon111419404 yago:Process100029677 |
| rdfs:comment | Deferred financing costs or debt issuance costs is an accounting concept meaning costs associated with issuing debt (loans and bonds), such as various fees and commissions paid to investment banks, law firms, auditors, regulators, and so on. Since these payments do not generate future benefits, they are treated as a contra debt account. The costs are capitalized, reflected in the balance sheet as a contra long-term liability, and amortized using the or over the finite life of the underlying debt instrument, if below de minimus. The unamortized amounts are included in the long-term debt, as a reduction of the total debt (hence contra debt) in the accompanying consolidated balance sheets. Early debt repayment results in expensing these costs. (en) |
| rdfs:label | Deferred financing cost (en) |
| owl:sameAs | freebase:Deferred financing cost yago-res:Deferred financing cost wikidata:Deferred financing cost https://global.dbpedia.org/id/4iuJa |
| prov:wasDerivedFrom | wikipedia-en:Deferred_financing_cost?oldid=1110106866&ns=0 |
| foaf:isPrimaryTopicOf | wikipedia-en:Deferred_financing_cost |
| is dbo:wikiPageRedirects of | dbr:Deferred_financing_costs |
| is dbo:wikiPageWikiLink of | dbr:Mosaic_Inc. dbr:Deferred_acquisition_costs dbr:Maturity_(finance) dbr:Deferred_financing_costs |
| is foaf:primaryTopic of | wikipedia-en:Deferred_financing_cost |