Wiley GAAP 2015 E-Book

Joanne M. Flood

• Herausgeber: John Wiley & Sons
• Kategorie: Fachliteratur
• Serie: Wiley Regulatory Reporting
• Sprache: Englisch

Seitenzahl: 3469

Veröffentlichungsjahr: 2014

Beschreibung

The quick, complete, cross-referenced GAAP guide, with illustrations, explanations, and examples

Wiley GAAP 2015 contains the most comprehensive coverage of all GAAP pronouncements in a single volume, providing professionals with a complete reference to the entire GAAP hierarchy. This new edition includes the latest updates to the standards, along with AICPA ASEC statements of position and a comprehensive cross-reference of accounting topics to the new FASB codification system. All pronouncements are fully explained in detail, including terminology, and practice exercises demonstrate real-world application. Each chapter includes a discussion of perspectives and issues, sources of GAAP, definitions, concepts, rules, and examples, with specific appendices where applicable. This useful guide contains more examples and illustrations than any other GAAP reference, and all original pronouncements are referenced to the FASB Current Text.

GAAP is constantly being updated, and users require expert interpretation and explanation of relevant principles with every new pronouncement. This book provides clear, user-friendly guidance, including FASB Technical Bulletins, AcSEC Practice Bulletins, FASB Implementation Guides, and AICPA Statements of Position and Accounting Interpretations. Readers will:

• Refer to GAAP standards and ASEC statements quickly and easily
• Understand relevant terminology, concepts, and rules
• Study detailed examples to gain a solid working knowledge of the standards
• Gain confidence by practicing GAAP applications before using it in the field

This guide represents the most complete, comprehensive GAAP reference available, and the digital format allows for instant access to needed information through the point-and-click index and Table of Contents. Busy professionals need to get up to speed quickly without sacrificing a solid understanding, and Wiley GAAP 2015 is the essential user-friendly reference.

Leseprobe

Table of Contents

Title Page

Copyright

PREFACE

ABOUT THE AUTHOR

CODIFICATION TAXONOMY

Chapter 1: ASC 105 GENERALLY ACCEPTED ACCOUNTING PRINCIPLES

PERSPECTIVES AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 2: ASC 205 PRESENTATION OF FINANCIAL STATEMENTS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 3: ASC 210 BALANCE SHEET

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 4: ASC 215 STATEMENT OF SHAREHOLDER EQUITY

PERSPECTIVE AND ISSUES

Chapter 5: ASC 220 COMPREHENSIVE INCOME

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 6: ASC 225 INCOME STATEMENT

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 7: ASC 230 STATEMENT OF CASH FLOWS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 8: ASC 235 NOTES TO FINANCIAL STATEMENTS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 9: ASC 250 ACCOUNTING CHANGES AND ERROR CORRECTIONS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 10: ASC 255 CHANGING PRICES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 11: ASC 260 EARNINGS PER SHARE

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

COMPREHENSIVE EXAMPLE

Chapter 12: ASC 270 INTERIM REPORTING

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

PART I—REQUIREMENTS APPLICABLE TO ALL REPORTING ENTITIES

PART II—REQUIREMENTS APPLICABLE TO PUBLIC REPORTING ENTITES

Chapter 13: ASC 272 LIMITED LIABILITY ENTITIES

APERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 14: ASC 274 PERSONAL FINANCIAL STATEMENTS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

EXAMPLE: HYPOTHETICAL SET OF PERSONAL FINANCIAL STATEMENTS

Chapter 15: ASC 275 RISKS AND UNCERTAINTIES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 16: ASC 280 SEGMENT REPORTING

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 17: ASC 305 CASH AND CASH EQUIVALENTS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 18: ASC 310 RECEIVABLES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 19: ASC 320 INVESTMENTS—DEBT AND EQUITY SECURITIES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 20: ASC 323 INVESTMENTS—EQUITY METHOD AND JOINT VENTURES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 21: ASC 325 INVESTMENTS—OTHER

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 22: ASC 330 INVENTORY

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 23: ASC 340 OTHER ASSETS AND DEFERRED COSTS

PERSPECTIVE AND ISSUES

DEFINITION OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 24: ASC 350 INTANGIBLES—GOODWILL AND OTHER

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 25: ASC 360 PROPERTY, PLANT, AND EQUIPMENT

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 26: ASC 405 LIABILITIES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 27: ASC 410 Asset retirement and Environmental Obligations

Perspective and Issues

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 28: ASC 420 EXIT OR DISPOSAL COST OBLIGATIONS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 29: ASC 430 DEFERRED REVENUE

Chapter 30: ASC 440 COMMITMENTS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 31: ASC 450 CONTINGENCIES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 32: ASC 460 GUARANTEES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 33: ASC 470 DEBT

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 34: ASC 480 DISTINGUISHING LIABILITIES FROM EQUITY

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 35: ASC 505 EQUITY

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

FINANCIAL STATEMENT PRESENTATION

Chapter 36: ASC 605 REVENUE RECOGNITION

REVENUE RECOGNITION—GENERAL PRINCIPLES

LONG-TERM CONSTRUCTION CONTRACTS (ASC 605-35)

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

SERVICE REVENUES (ASC 605-20 AND ASC 605-45) PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

SALES WHEN COLLECTION IS UNCERTAINPERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

REVENUE RECOGNITION WHEN RIGHT OF RETURN EXISTS (ASC 605-15)

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

REVENUE ARRANGEMENTS WITH MULTIPLE DELIVERABLES (ASC 605-25)

PERSPECTIVE AND ISSUES

Chapter 37: ASC 705 COST OF SALES AND SERVICES

Chapter 38: ASC 710 Compensation—General

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 39: ASC 712 COMPENSATON—NONRETIREMENT POST-EMPLOYMENT BENEFITS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 40: ASC 715 COMPENSATION—RETIREMENT BENEFITS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 41: ASC 718 COMPENSATION—STOCK COMPENSATION

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 42: ASC 720 OTHER EXPENSES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 43: ASC 730 RESEARCH AND DEVELOPMENT

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 44: ASC 740 INCOME TAXES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 45: ASC 805 BUSINESS COMBINATIONS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 46: ASC 808 COLLABORATIVE ARRANGEMENTS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 47: ASC 810 CONSOLIDATIONS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 48: ASC 815 DERIVATIVES AND HEDGING

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 49: ASC 820 FAIR VALUE MEASUREMENTS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 50: ASC 825 FINANCIAL INSTRUMENTS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 51: ASC 830 FOREIGN CURRENCY MATTERS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

ACCOUNTS TO BE REMEASURED USING HISTORICAL EXCHANGE RATES

Chapter 52: ASC 835 INTEREST

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 53: ASC 840 LEASES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 54: ASC 845 NONMONETARY TRANSACTIONS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 55: ASC 850 RELATED-PARTY DISCLOSURES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 56: ASC 852 REORGANIZATIONS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 57: ASC 853 SERVICE CONCESSION ARRANGEMENTS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 58: ASC 855 SUBSEQUENT EVENTS

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 59: ASC 860 TRANSFERS AND SERVICING

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

Chapter 60: ASC 900s SPECIALIZED INDUSTRY GAAP

CONTRACTORS—FEDERAL GOVERNMENT (ASC 912)

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

PERSPECTIVE AND ISSUES

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

ENTERTAINTMENT—BROADCASTERS (ASC 920)

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

ENTERTAINMENT—CABLE TELEVISION (ASC 922)

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

ENTERTAINMENT—CASINOS (ASC 924)

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

ENTERTAINMENT—FILM (ASC 926)

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

ENTERTAINMENT—MUSIC (ASC 928)

DEFINITIONS OF TERMS

CONCEPTS, RULES, AND EXAMPLES

EXTRACTIVE ACTIVITIES—OIL AND GAS (ASC 932)

CONCEPTS, RULES, AND EXAMPLES