Wiley GAAP 2016 : interpretation and application of generally accepted accounting principles / Joanne M. Flood.

Format:

Book

Author/Creator:

Flood, Joanne M., author.

Series:

Wiley Regulatory Reporting

Language:

English

Subjects (All):

Finance, Public--Accounting--Standards--United States.

Finance, Public.

Local finance--Accounting--Standards--United States.

Local finance.

Accounting--Standards--United States.

Accounting.

Physical Description:

1 online resource (2180 p.)

Edition:

1st edition

Other Title:

GAAP

Place of Publication:

Chichester, England : Wiley, 2016.

System Details:

text file

Summary:

The complete, cross-referenced GAAP guide, with illustrations, explanations, and examples Wiley GAAP 2016 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 numerous examples and illustrations, 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, comprehensive 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 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 information through the point-and-click Index and Table of Contents. A thorough study and analysis of all US Generally Accepted Accounting Principles, Wiley GAAP 2016 is the essential reference.

Contents:

Intro

Series Page

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

ASC 205-30, Liquidation Basis of Accounting

Chapter 3: ASC 210 Balance Sheet

Chapter 4: ASC 215 Statement of Shareholder Equity

Chapter 5: Asc 220 Comprehensive Income

Chapter 6: Asc 225 Income Statement

Chapter 7: Asc 230 Statement of Cash Flows

Chapter 8: ASC 235 Notes to Financial Statements

Chapter 9: ASC 250 Accounting Changes and Error Corrections

Chapter 10: ASC 255 Changing Prices

Chapter 11: ASC 260 Earnings Per Share

Comprehensive Example

Chapter 12: ASC 270 Interim Reporting

Part I-Requirements Applicable to all Reporting Entities

Part II-Requirements Applicable to Public Reporting Entites

Chapter 13: ASC 272 Limited Liability Entities.

Perspective and Issues

Chapter 14: ASC 274 Personal Financial Statements

Chapter 15: ASC 275 Risks and Uncertainties

Chapter 16: ASC 280 Segment Reporting

Chapter 17: ASC 305 Cash and Cash Equivalents

Chapter 18: ASC 310 Receivables

Chapter 19: ASC 320 Investments-Debt and Equity Securities

Chapter 20: ASC 323 Investments-Equity Method and Joint Ventures

Chapter 21: ASC 325 Investments-Other

Chapter 22: ASC 330 Inventory

Chapter 23: ASC 340 Other Assets and Deferred Costs

Chapter 24: ASC 350 Intangibles-Goodwill and Other

Chapter 25: ASC 360 Property, Plant, and Equipment

Chapter 26: ASC 405 Liabilities

Chapter 27: ASC 410 Asset Retirement and Environmental Obligations

Perspective and Issues.

Definitions of Terms

Chapter 28: ASC 420 Exit or Disposal Cost Obligations

Chapter 29: ASC 430 Deferred Revenue

Chapter 30: ASC 440 Commitments

Chapter 31: ASC 450 Contingencies

Chapter 32: ASC 460 Guarantees

Chapter 33: ASC 470 Debt

Chapter 34: ASC 480 Distinguishing Liabilities from Equity

Chapter 35: ASC 505 Equity

Chapter 36: ASC 605 Revenue Recognition

Revenue Recognition-General Principles

Long-Term Construction Contracts (ASC 605-35)

Service Revenues (ASC 605-20 AND ASC 605-45)

Sales When Collection is Uncertain

Revenue Recognition When Right of Return Exists (ASC 605-15)

Revenue Arrangements with Multiple Deliverables (ASC 605-25)

Other Special Accounting and Reporting Issues

Appendix-Overview of ASC 6062

Chapter 37: ASC 705 Cost of Sales and Services

Concepts, Rules, and Examples.

Chapter 38: ASC 710 Compensation-General

Chapter 39: ASC 712 Compensaton-Nonretirement Post-Employment Benefits

Chapter 40: ASC 715 Compensation-Retirement Benefits

Chapter 41: ASC 718 Compensation-Stock Compensation

Chapter 42: ASC 720 Other Expenses

Chapter 43: ASC 730 Research and Development

Chapter 44: ASC 740 Income Taxes

Chapter 45: Asc 805 Business Combinations

Concepts, Rules, And Examples

Chapter 46: ASC 808 Collaborative Arrangements

Chapter 47: Asc 810 Consolidations

Consolidation Models-Introduction and Background

The Vie Model

Voting Interest Model

Chapter 48: ASC 815 Derivatives and Hedging

ASC 815 Derivatives and Hedging

Chapter 49: ASC 820 Fair Value Measurements

Chapter 50: ASC 825 Financial Instruments

Chapter 51: ASC 830 Foreign Currency Matters

Definitions of Terms.

Concepts, Rules, and Examples

Accounts to be Remeasured Using Historical Exchange Rates

Chapter 52: ASC 835 Interest

Chapter 53: ASC 840 Leases

Chapter 54: ASC 845 Nonmonetary Transactions

Chapter 55: ASC 850 Related-Party Disclosures

Chapter 56: ASC 852 Reorganizations

Chapter 57: ASC 853 Service Concession Arrangements

Chapter 58: ASC 855 Subsequent Events

Chapter 59: Asc 860 Transfers and Servicing

Chapter 60: ASC 900S Specialized Industry GAAP

Contractors-Federal Government (ASC 912)

Development Stage Enterprises (ASC 915)

Entertaintment-Broadcasters (ASC 920)

Entertainment-Cable Television (ASC 922)

Entertainment-Casinos (ASC 924)

Entertainment-Film (ASC 926)

Entertainment-Music (ASC 928)

Concepts, Rules, and Examples.

Notes:

"With updates to revenue recognition, consolidations, and more"--Cover.

Includes index.

Description based on online resource; title from PDF title page (ebrary, viewed December 16, 2015).

ISBN:

9781119106081

1119106087

9781119216698

1119216699

9781119106074

1119106079

OCLC:

930601017