Wiley GAAP 2017 (eBook)

Interpretation and Application of Generally Accepted Accounting Principles

Joanne M. Flood (Autor)

eBook Download: EPUB

2016 | 1. Auflage
1584 Seiten
Wiley (Verlag)
978-1-119-35702-5 (ISBN)

Infos

The most practical, authoritative guide to GAAP

Wiley GAAP 2017 contains complete coverage of the Financial Accounting Standards Board's (FASB) Accounting Standards Codification (ASC), the source of authoritative generally accepted accounting principles (GAAP). Wiley GAAP renders GAAP more understandable and accessible for research and has been designed to reduce the amount of time and effort needed to solve accounting research and implementation issues.

The 2017 edition reflects the new FASB guidance on:

• Revenue Recognition
• Leases
• Business Combinations
• Pensions
• Financial Instruments
• And more than 17 other new FASB Accounting Standards Updates

Providing interpretive guidance, analytical explanations, graphic tools, and more than 300 real-world, examples and illustrations, this invaluable guide offers clear, user-friendly guidance on every ASC Topic in the Codification.

• Offers insight into the application of complex financial reporting rules
• Contains a detailed index for easy reference use
• Includes comprehensive cross-referencing to the FASB codification system, making it efficient for you to perform in-depth research

As a bonus, a comprehensive disclosure checklist offers practical guidance to preparing financial statements for commercial entities in accordance with GAAP. For easy reference and research, the checklist follows the order of the codification.

With easy-to-access information, this reliable resource offers complete coverage of the FASB Codification.

Autor

Joanne Flood, MBA, CPA, (Rockville Centre, NY) has accounting experience within both a Big 4 international firm and a small firm. She has worked as a senior manager in the AICPA's Professional Development group. Joanne received her MBA in Accounting Summa Cum Laude from Adelphi University. While in public accounting, she worked on major clients in retail, manufacturing, and finance and on small business clients in construction, manufacturing, and professional services. At the AICPA, she managed the development and wrote courses in the accounting and auditing product line. She also wrote and produced training materials in a wide variety of media, including print, video, and audio, and pioneered the AICPA's elearning product line.

Inhalt

Preface ix

About the Author xiii

Codification Taxonomy xv

1 ASC 105 Generally Accepted Accounting Principles 1

2 ASC 205 Presentation of Financial Statements 25

3 ASC 210 Balance Sheet 35

4 ASC 215 Statement of Shareholder Equity 49

5 ASC 220 Comprehensive Income 51

6 ASC 225 Income Statement 59

7 ASC 230 Statement of Cash Flows 69

8 ASC 235 Notes to Financial Statements 91

9 ASC 250 Accounting Changes and Error Corrections 97

10 ASC 255 Changing Prices 125

11 ASC 260 Earnings Per Share 129

12 ASC 270 Interim Reporting 161

13 ASC 272 Limited Liability Entities 173

14 ASC 274 Personal Financial Statements 177

15 ASC 275 Risks and Uncertainties 185

16 ASC 280 Segment Reporting 191

17 ASC 305 Cash and Cash Equivalents 201

18 ASC 310 Receivables 203

19 ASC 320 Investments--Debt and Equity Securities 243

20 ASC 321 Investments--Equity Securities 267

21 ASC 323 Investments--Equity Method and Joint Ventures 273

22 ASC 325 Investments--Other 307

23 ASC 330 Inventory 317

24 ASC 340 Other Assets and Deferred Costs 357

25 ASC 350 Intangibles--Goodwill and Other 373

26 ASC 360 Property, Plant, and Equipment 397

27 ASC 405 Liabilities 443

28 ASC 410 Asset Retirement and Environmental Obligations 447

29 ASC 420 Exit or Disposal Cost Obligations 463

30 ASC 430 Deferred Revenue 469

31 ASC 440 Commitments 471

32 ASC 450 Contingencies 475

33 ASC 460 Guarantees 483

34 ASC 470 Debt 495

35 ASC 480 Distinguishing Liabilities From Equity 533

36 ASC 505 Equity 551

37 ASC 605 Revenue Recognition 579

38 ASC 606 Revenue from Contracts with Customers 635

39 ASC 610 Other Income 707

40 ASC 705 Cost of Sales and Services 711

41 ASC 710 Compensation--General 713

42 ASC 712 Compensation--Nonretirement Postemployment Benefits 719

43 ASC 715 Compensation--Retirement Benefits 721

44 ASC 718 Compensation--Stock Compensation 769

45 ASC 720 Other Expenses 807

46 ASC 730 Research and Development 813

47 ASC 740 Income Taxes 819

48 ASC 805 Business Combinations 873

49 ASC 808 Collaborative Arrangements 921

50 ASC 810 Consolidations 931

51 ASC 815 Derivatives and Hedging 975

52 ASC 820 Fair Value Measurements 1031

53 ASC 825 Financial Instruments 1055

54 ASC 830 Foreign Currency Matters 1065

55 ASC 835 Interest 1093

56 ASC 840 Leases 1113

57 ASC 842 Leases 1179

58 ASC 845 Nonmonetary Transactions 1185

59 ASC 850 Related-Party Disclosures 1199

60 ASC 852 Reorganizations 1201

61 ASC 853 Service Concession Arrangements 1205

62 ASC 855 Subsequent Events 1207

63 ASC 860 Transfers and Servicing 1211

64 ASC 900s Specialized Industry GAAP 1249

Appendix A: Definitions of Terms 1381

Appendix B: Disclosure Checklist for Commercial Businesses 1405

Index 1511

Textauszug

Codification Taxonomy

Topic # and title

Subtopic # and title

I. General Principles and Objectives

105

Generally Accepted Accounting Principles

105-10

Overall

II. Overall Financial Reporting, Presentation, and Display Matters

A. Overall Presentation of Financial Statements

205

Presentation of Financial Statements

205-10

Overall

205-20

Discontinued Operations

205-30

Liquidation Basis of Accounting

205-40

Going Concern

210

Balance Sheet

210-10

Overall

210-20

Offsetting

215

Statement of Shareholders' Equity

215-10

Overall

220

Comprehensive Income

220-10

Overall

225

Income Statement

225-10

Overall

225-20

Extraordinary and Unusual Items

225-30

Business Interruption Insurance

230

Statement of Cash Flows

230-10

Overall

235

Notes to Financial Statements

235-10

Overall

B. Various Financial Reporting, Presentation, and Display Matters

250

Accounting Changes and Error Corrections

250-10

Overall

255

Changing Prices

255-10

Overall

260

Earnings Per Share

260-10

Overall

270

Interim Reporting

270-10

Overall

270-40

Income Taxes

272

Limited Liability Entities

272-10

Overall

274

Personal Financial Statements

274-10

Overall

275

Risks and Uncertainties

275-10

Overall

280

Segment Reporting

280-10

Overall

III. Transaction-Related Topics

A. Financial Statement Accounts

305

Cash and Cash Equivalents

305-10

Overall

310

Receivables

310-10

Overall

310-20

Nonrefundable Fees and Other Costs

310-30

Loans and Debt Securities Acquired with Deteriorated Credit Quality

310-40

Troubled Debt Restructurings by Creditors

320

Investments—Debt and Equity Securities

320-10

Overall

323

Investments—Equity Method and Joint Ventures

323-10

Overall

323-30

Partnerships, Joint Ventures, and Limited Liability Entities

325

Investments—Other

325-10

Overall

325-20

Cost Method Investments

325-30

Investments in Insurance Contracts

325-40

Beneficial Interests in Securitized Financial Assets

330

Inventory

330-10

Overall

340

Other Assets and Deferred Costs

340-10

Overall

340-20

Capitalized Advertising Costs

340-30

Insurance Contracts that Do Not Transfer Insurance Risk

340-40

Contracts with Customers

350

Intangibles—Goodwill and Other

350-10

Overall

350-20

Goodwill

350-30

General Intangibles Other Than Goodwill

350-40

Internal-Use Software

350-50

Web Site Development Costs

360

Property, Plant, and Equipment

360-10

Overall

360-20

Real Estate Sales

405

Liabilities

405-10

Overall

405-20

Extinguishment of Liabilities

405-30

Insurance-Related Assessments

405-40

Obligations Resulting from Joint and Several Liabilities

410

Asset Retirement and Environmental Obligations

410-10

Overall

410-20

Asset Retirement Obligations

410-30

Environmental Obligations

420

Exit or Disposal Cost Obligations

420-10

Overall

430

Deferred Revenue

430-10

Overall

440

Commitments

440-10

Overall

450

Contingencies

450-10

Overall

450-20

Loss Contingencies

450-30

Gain Contingencies

460

Guarantees

460-10

Overall

470

Debt

470-10

Overall

470-20

Debt with Conversion and Other Options

470-30

Participating Mortgage Loans

470-40

Product Financing Arrangements

470-50

Modifications and Extinguishments

470-60

Troubled Debt Restructurings by Debtors

480

Distinguishing Liabilities from Equity

480-10

Overall

505

Equity

505-10

Overall

505-20

Stock Dividends and Stock Splits

505-30

Treasury Stock

505-50

Equity-Based Payments to Non-Employees

505-60

Spin-offs and Reverse Spin-offs

605

Revenue Recognition

605-10

Overall

605-15

Products

605-20

Services

605-25

Multiple-Element Arrangements

605-28

Milestone Method

605-30

Rights to Use

605-35

Construction-Type and Production-Type Contracts

605-40

Gains and Losses

605-45

Principal–Agent Considerations

605-50

Customer Payments and Incentives

606

Revenue from Contracts with Customers

606-10

Overall1

610

Other Income

610-10

Overall1

610-20

Gains and Losses from the Derecognition of Nonfinancial Assets

610-30

Gains and Losses on Involuntary Conversions

705	Cost of Sales and...

Produkt-Details

• Erscheint lt. Verlag: 22.12.2016
• Reihe/Serie: Wiley Regulatory Reporting
• Sprache: englisch
• Themenwelt: Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Bewerbung / Karriere
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen
• Schlagworte: Accounting • GAAP • GAAP (US-Vorschriften Rechnungslegung) • Rechnungswesen
• ISBN-10: 1-119-35702-0 / 1119357020
• ISBN-13: 978-1-119-35702-5 / 9781119357025