Originally Posted by SkaterJasp
Its really scattered but its reported as a liability, you need to go to the Airline's Annual Report and look for the section on their freqent flyer program and under there it will talk about how and why it is listed / reported as a liability.
i'm confused. does "Airline's Annual Report" refer to a specific airline's annual report? if so, i'm in no position to judge. if not, i'll stick with my previous statement -- i've personally never seen "programs" in and of themselves recorded as liabilities.