Wiley GAAP 2024: Interpretation and Application of Generally Accepted Accounting Principles Wiley Regulatory Reporting 1st Edition by Joanne M. Flood – Ebook PDF Instant Download/DeliveryISBN: 1394199813, 9781394199815
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ISBN-10 : 1394199813
ISBN-13 : 9781394199815
Author: Joanne M. Flood
US GAAP undergoes constant revision and review, requiring accountants and other financial practitioners to keep a close eye on updates and changes. Wiley GAAP 2024 offers the most comprehensive coverage of all Financial Accounting Standards Board (FASB) Topics–including all the latest updates.
Every chapter offers a discussion of relevant perspectives and issues, GAAP sources, practice-oriented examples, and clear definitions of terms, concepts, and rules. Every FASB Topic is clearly explained in a reader-friendly way and includes dynamic graphics to help the reader understand and retain the nuanced subject matter.
Wiley GAAP 2024: Interpretation and Application of Generally Accepted Accounting Principles Wiley Regulatory Reporting 1st Table of contents:
1 ASC 105 GENERALLY ACCEPTED ACCOUNTING PRINCIPLES
PERSPECTIVES AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTE
2 ASC 205 PRESENTATION OF FINANCIAL STATEMENTS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTE
3 ASC 210 BALANCE SHEET
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTE
4 ASC 215 STATEMENT OF SHAREHOLDER EQUITY
PERSPECTIVE AND ISSUES
5 ASC 220 INCOME STATEMENT—REPORTING COMPREHENSIVE INCOME
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTES
6 ASC 230 STATEMENT OF CASH FLOWS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTE
7 ASC 235 NOTES TO FINANCIAL STATEMENTS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
8 ASC 250 ACCOUNTING CHANGES AND ERROR CORRECTIONS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTE
9 ASC 255 CHANGING PRICES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
10 ASC 260 EARNINGS PER SHARE
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
COMPREHENSIVE EXAMPLE
NOTES
11 ASC 270 INTERIM REPORTING
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
REQUIREMENTS APPLICABLE TO ALL REPORTING ENTITIES
OTHER SOURCES
REQUIREMENTS APPLICABLE TO PUBLIC REPORTING ENTITIES
12 ASC 272 LIMITED LIABILITY ENTITIES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
13 ASC 274 PERSONAL FINANCIAL STATEMENTS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
14 ASC 275 RISKS AND UNCERTAINTIES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
15 ASC 280 SEGMENT REPORTING
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
16 ASC 310 RECEIVABLES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
PRESENTATION AND DISCLOSURES
NOTES
17 ASC 320 INVESTMENTS—DEBT SECURITIES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTES
18 ASC 321 INVESTMENTS—EQUITY SECURITIES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
19 ASC 323 INVESTMENTS—EQUITY METHOD AND JOINT VENTURES
TECHNICAL ALERT
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES—ASC 323-10, OVERALL: THE EQUITY METHOD OF ACCOUNTING FOR INVESTMENTS
CONCEPTS, RULES, AND EXAMPLES—ASC 323-30, EQUITY INVESTMENTS IN CORPORATE JOINT VENTURES AND NONCORPORATE ENTITIES
CONCEPTS, RULES, AND EXAMPLES—ASC 323-740, QUALIFIED AFFORDABLE HOUSING PROJECT INVESTMENTS
20 ASC 325 INVESTMENTS—OTHER
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTES
21 ASC 326 FINANCIAL INSTRUMENTS—CREDIT LOSSES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES—ASC 326-10, OVERALL
CONCEPTS, RULES, AND EXAMPLES—ASC 326-20, MEASURED AT AMORTIZED COST
CONCEPTS, RULES, AND EXAMPLES—ASC 326-30, AVAILABLE-FOR-SALE DEBT SECURITIES
NOTE
22 ASC 330 INVENTORY
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTES
23 ASC 340 OTHER ASSETS AND DEFERRED COSTS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTE
24 ASC 350 INTANGIBLES—GOODWILL AND OTHER
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES—ASC 350-10, OVERALL
CONCEPTS, RULES, AND EXAMPLES—ASC 350-20, GOODWILL
CONCEPTS, RULES, AND EXAMPLES—ASC 350-30, GENERAL INTANGIBLES OTHER THAN GOODWILL
CONCEPTS, RULES, AND EXAMPLES—ASC 350-40, INTERNAL-USE SOFTWARE
CONCEPTS, RULES, AND EXAMPLES—ASC 350-50, WEBSITE DEVELOPMENT COSTS
NOTES
25 ASC 360 PROPERTY, PLANT, AND EQUIPMENT
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
OVERALL—ASC 360-10, PROPERTY, PLANT, AND EQUIPMENT
26 ASC 405 LIABILITIES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
27 ASC 410 ASSET RETIREMENT AND ENVIRONMENTAL OBLIGATIONS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
ASC 410-20, ASSET RETIREMENT OBLIGATIONS
ASC 410-30, ENVIRONMENTAL OBLIGATIONS
PRESENTATION AND DISCLOSURE
28 ASC 420 EXIT OR DISPOSAL COST OBLIGATIONS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
29 ASC 430 DEFERRED REVENUE AND CONTRACT LIABILITIES
30 ASC 440 COMMITMENTS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
31 ASC 450 CONTINGENCIES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTES
32 ASC 460 GUARANTEES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
33 ASC 470 DEBT
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTES
34 ASC 480 DISTINGUISHING LIABILITIES FROM EQUITY
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
35 ASC 505 EQUITY
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTES
36 ASC 605 REVENUE RECOGNITION
CONCEPTS, RULES, AND EXAMPLES
DEFINITIONS OF TERMS
ASC 605-20, REVENUE RECOGNITION—PROVISION FOR LOSSES ON SEPARATELY PRICED EXTENDED WARRANTY AND PRODUCT MAINTENANCE CONTRACTS
ASC 605-35, CONSTRUCTION-TYPE AND PRODUCTION-TYPE CONTRACTS
37 ASC 606 REVENUE FROM CONTRACTS WITH CUSTOMERS
PERSPECTIVE AND ISSUES
STEP 1: IDENTIFY THE CONTRACT WITH THE CUSTOMER
STEP 2: IDENTIFYING THE PERFORMANCE OBLIGATIONS
STEP 3: DETERMINE THE TRANSACTION PRICE
STEP 4: ALLOCATE THE TRANSACTION PRICE
STEP 5: RECOGNIZE REVENUE WHEN (OR AS) THE ENTITY SATISFIES A PERFORMANCE OBLIGATION
OTHER ISSUES
NOTES
38 ASC 610 OTHER INCOME
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
39 ASC 705 COST OF SALES AND SERVICES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
40 ASC 710 COMPENSATION—GENERAL
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
41 ASC 712 COMPENSATION— NONRETIREMENT POST-EMPLOYMENT BENEFITS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
42 ASC 715 COMPENSATION—RETIREMENT BENEFITS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
ASC 715-20, DEFINED BENEFITS PLANS—GENERAL
ASC 715-30, DEFINED BENEFIT PLANS—PENSION
ASC 715-60, DEFINED BENEFITS PLANS—OTHER POSTRETIREMENT
ASC 715-70, DEFINED CONTRIBUTION PLANS
ASC 715-80, MULTIEMPLOYER PENSION PLANS
43 ASC 718 COMPENSATION—STOCK COMPENSATION
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTES
44 ASC 720 OTHER EXPENSES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
45 ASC 730 RESEARCH AND DEVELOPMENT
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
46 ASC 740 INCOME TAXES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTE
47 ASC 805 BUSINESS COMBINATIONS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTES
48 ASC 808 COLLABORATIVE ARRANGEMENTS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTE
49 ASC 810 CONSOLIDATIONS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONSOLIDATION MODELS—INTRODUCTION AND BACKGROUND
THE VIE MODEL
VOTING INTEREST MODEL
NOTES
50 ASC 815 DERIVATIVES AND HEDGING
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
PRESENTATION AND DISCLOSURE
NOTES
51 ASC 820 FAIR VALUE MEASUREMENTS
TECHNICAL ALERT
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
52 ASC 825 FINANCIAL INSTRUMENTS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
ASC 825-20, REGISTRATION PAYMENT ARRANGEMENTS
NOTES
53 ASC 830 FOREIGN CURRENCY MATTERS
ASC 830, FOREIGN CURRENCY MATTERS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
54 ASC 832 GOVERNMENT ASSSISTANCE
PERSPECTIVE AND ISSUES
DEFINITION OF TERM
CONCEPTS, RULES, AND EXAMPLES
55 ASC 835 INTEREST
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
OTHER SOURCES
56 ASC 842 LEASES
PERSPECTIVE AND ISSUES
OVERVIEW
DEFINITIONS OF TERMS
ASC 842-10, OVERALL, CONCEPTS, RULES, AND EXAMPLES
ASC 842-20, LESSEES, CONCEPTS, RULES, AND EXAMPLES
ASC 842-30, LESSOR, CONCEPTS, RULES, AND EXAMPLES
ASC 842-40, SALE AND LEASEBACK TRANSACTIONS, CONCEPTS, RULES, AND EXAMPLES
ASC 842-50, LEVERAGED LEASES, CONCEPTS, RULES, AND EXAMPLES
PRESENTATION—USING THE DISPLAY APPROACH
IMPLEMENTATION CONSIDERATIONS
57 ASC 845 NONMONETARY TRANSACTIONS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTE
58 ASC 848 REFERENCE RATE REFORM
TECHNICAL ALERT
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
NOTE
59 ASC 850 RELATED PARTY DISCLOSURES
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
60 ASC 852 REORGANIZATIONS
PERSPECTIVES AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
61 ASC 853 SERVICE CONCESSION ARRANGEMENTS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
62 ASC 855 SUBSEQUENT EVENTS
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
63 ASC 860 TRANSFERS AND SERVICING
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
64 ASC 900s SPECIALIZED INDUSTRY GAAP
CONTRACTORS—FEDERAL GOVERNMENT (ASC 912)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
ENTERTAINMENT—BROADCASTERS (ASC 920)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
ENTERTAINMENT—CABLE TELEVISION (ASC 922)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
ENTERTAINMENT—CASINOS (ASC 924)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
ENTERTAINMENT—FILM (ASC 926)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
ENTERTAINMENT—MUSIC (ASC 928)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
EXTRACTIVE ACTIVITIES—OIL AND GAS (ASC 932)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
FINANCIAL SERVICES—DEPOSITORY AND LENDING (ASC 942)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
FINANCIAL SERVICES—INSURANCE (ASC 944)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
FINANCIAL SERVICES—INVESTMENT COMPANIES (ASC 946)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
FINANCIAL SERVICES—MORTGAGE BANKING (ASC 948)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
FINANCIAL SERVICES—TITLE PLANT (ASC 950)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
FRANCHISORS (ASC 952)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS AND RULES
NOT-FOR-PROFIT ENTITIES (ASC 958)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
PLAN ACCOUNTING (ASC 960, ASC 962, ASC 965)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
HEALTH AND WELFARE BENEFIT PLANS (ASC 965)
REAL ESTATE—GENERAL (ASC 970)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
REAL ESTATE—COMMON INTEREST REALTY ASSOCIATIONS (ASC 972)
REAL ESTATE—RETAIL LAND (ASC 976)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
REAL ESTATE TIME-SHARING ACTIVITIES (ASC 978)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
REGULATED OPERATIONS (ASC 980)
PERSPECTIVE AND ISSUES
CONCEPTS, RULES, AND EXAMPLES
DEFINITIONS OF TERMS
SOFTWARE (ASC 985)
PERSPECTIVE AND ISSUES
DEFINITIONS OF TERMS
CONCEPTS, RULES, AND EXAMPLES
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