Wiley GAAP 2019 interpretation and application of generally accepted accounting principles

Cover......Page 1
Wiley GAAP 2019:Interpretation and Application of Generally Accepted Accounting Principles......Page 4
Copyright......Page 5
CONTENTS......Page 6
PREFACE......Page 9
ABOUT THE AUTHOR......Page 12
CODIFICATION TAXONOMY......Page 13
1 ASC 105 GENERALLY ACCEPTEDACCOUNTING PRINCIPLES......Page 19
2 ASC 205 PRESENTATION OFFINANCIAL STATEMENTS......Page 43
3 ASC 210 BALANCE SHEET......Page 55
4 ASC 215 STATEMENT OFSHAREHOLDER EQUITY......Page 65
5 ASC 220 INCOME STATEMENT—REPORTING COMPREHENSIVEINCOME......Page 66
6 ASC 230 STATEMENT OFCASH FLOWS......Page 82
7 ASC 235 NOTES TO FINANCIALSTATEMENTS......Page 105
8 ASC 250 ACCOUNTING CHANGESAND ERROR CORRECTIONS......Page 110
9 ASC 255 CHANGING PRICES......Page 130
10 ASC 260 EARNINGS PER SHARE......Page 133
11 ASC 270 INTERIM REPORTING......Page 165
12 ASC 272 LIMITED LIABILITYENTITIES......Page 176
13 ASC 274 PERSONAL FINANCIALSTATEMENTS......Page 179
14 ASC 275 RISKS ANDUNCERTAINTIES......Page 186
15 ASC 280 SEGMENT REPORTING......Page 191
16 ASC 310 RECEIVABLES......Page 201
17 ASC 320 INVESTMENTS—DEBTAND EQUITY SECURITIES......Page 241
18 ASC 320 INVESTMENTS—DEBTSECURITIES......Page 264
19 ASC 321 INVESTMENTS—EQUITY SECURITIES......Page 283
20 ASC 323 INVESTMENTS—EQUITY METHOD AND JOINTVENTURES......Page 289
21 ASC 325 INVESTMENTS—OTHER......Page 325
22 ASC 326 FINANCIALINSTRUMENTS—CREDITLOSSES......Page 333
23 ASC 330 INVENTORY......Page 344
24 ASC 340 OTHER ASSETS ANDDEFERRED COSTS......Page 384
25 ASC 350 INTANGIBLES—GOODWILL AND OTHER......Page 399
26 ASC 360 PROPERTY, PLANT,AND EQUIPMENT......Page 427
27 ASC 405 LIABILITIES......Page 471
28 ASC 410 ASSET RETIREMENTAND ENVIRONMENTALOBLIGATIONS......Page 476
29 ASC 420 EXIT OR DISPOSALCOST OBLIGATIONS......Page 491
30 ASC 430 DEFERRED REVENUE......Page 496
31 ASC 440 COMMITMENTS......Page 497
32 ASC 450 CONTINGENCIES......Page 500
33 ASC 460 GUARANTEES......Page 508
34 ASC 470 DEBT......Page 520
35 ASC 480 DISTINGUISHINGLIABILITIES FROM EQUITY......Page 558
36 ASC 505 EQUITY......Page 573
37 ASC 605 REVENUERECOGNITION......Page 599
38 ASC 606 REVENUE FROMCONTRACTS WITHCUSTOMERS......Page 645
39 ASC 610 OTHER INCOME......Page 708
40 ASC 705 COST OF SALESAND SERVICES......Page 712
41 ASC 710 COMPENSATION—GENERAL......Page 714
42 ASC 712 COMPENSATION—NONRETIREMENT POSTEMPLOYMENTBENEFITS......Page 719
43 ASC 715 COMPENSATION—RETIREMENT BENEFITS......Page 721
44 ASC 718 COMPENSATION—STOCK COMPENSATION......Page 763
45 ASC 720 OTHER EXPENSES......Page 797
46 ASC 730 RESEARCH ANDDEVELOPMENT......Page 803
47 ASC 740 INCOME TAXES......Page 808
48 ASC 805 BUSINESSCOMBINATIONS......Page 862
49 ASC 808 COLLABORATIVEARRANGEMENTS......Page 909
50 ASC 810 CONSOLIDATIONS......Page 919
51 ASC 815 DERIVATIVES ANDHEDGING......Page 957
52 ASC 820 FAIR VALUEMEASUREMENTS......Page 1017
53 ASC 825 FINANCIALINSTRUMENTS......Page 1036
54 ASC 830 FOREIGN CURRENCYMATTERS......Page 1041
55 ASC 835 INTEREST......Page 1061
56 ASC 840 LEASES......Page 1079
57 ASC 842 LEASES......Page 1144
58 ASC 845 NONMONETARYTRANSACTIONS......Page 1157
59 ASC 850 RELATED-PARTYDISCLOSURES......Page 1171
60 ASC 852 REORGANIZATIONS......Page 1173
61 ASC 853 SERVICE CONCESSIONARRANGEMENTS......Page 1176
62 ASC 855 SUBSEQUENT EVENTS......Page 1178
63 ASC 860 TRANSFERS ANDSERVICING......Page 1180
64 ASC 900S SPECIALIZEDINDUSTRY GAAP......Page 1212
APPENDIX A.DEFINITIONS OF TERMS......Page 1325
APPENDIX B.DISCLOSURE AND PRESENTATION CHECKLISTFOR COMMERCIAL BUSINESSES......Page 1358
Index......Page 1359