Proposed statement of position : accounting for frequent travel award programs : proposed amendment to AICPA industry audit guide Audits of airlines ;Accounting for frequent travel award programs : proposed amendment to AICPA industry audit guide Audits of airlines; Exposure draft (American Institute of Certified Public Accountants), 1988, Aug. 31

This proposed statement of position (SOP) provides guidance on applying generally accepted accounting principles in accounting for frequent travel award programs. Briefly, the proposed SOP recommends the following: 1. An amount based on an allocated revenue value of the free travel awards should be deferred as mileage is accumulated. 2. The amounts deferred should be recognized as revenue when free travel awards are used. 3. An adjustment should be made to reflect the cumulative effect of the change in accounting principle when the SOP is first applied.https://egrove.olemiss.edu/aicpa_sop/1516/thumbnail.jp

Proposed statement of position : Accounting for frequent travel award programs, developmental and preoperating costs, purchases and exchanges of take-off and landing slots, and airframe modifications ;Accounting for frequent travel award programs, developmental and preoperating costs, purchases and exchanges of take-off and landing slots, and airframe modifications; Exposure draft (American Institute of Certified Public Accountants), 1987, June 30

Until certain practical limitations and cost benefit considerations have been overcome, the incremental cost of providing free travel awards generally should be accrued when the award levels are achieved. Developmental costs related to preparation of operations of new routes should not be capitalized as previously permitted under the AICPA Industry Audit Guide, Audits of Airlines. The costs of acquiring take-off and landing slots are identifiable intangible assets that should be accounted for in conformity with Accounting Principles Board (APB) Opinion No. 17, Intangible Assets. The costs associated with airframe modifications that enhance the usefulness of the aircraft should be capitalized and depreciated over the lesser of the estimated useful lives of the aircraft or the modifcations.https://egrove.olemiss.edu/aicpa_sop/1507/thumbnail.jp

Vol. XX, Tab 57 - Ex. 16 - Plaintiff\u27s Opposition to Defendant\u27s Motion for Clarification and Brief in Support (American Airlines v. Google)

Exhibits from the un-sealed joint appendix for Rosetta Stone Ltd., v. Google Inc., No. 10-2007, on appeal to the 4th Circuit. Issue presented: Under the Lanham Act, does the use of trademarked terms in keyword advertising result in infringement when there is evidence of actual confusion