Wiley GAAP 2015 : Interpretation and Application of Generally Accepted Accounting Principles.

Cover -- Title Page -- Copyright -- Contents -- Preface -- About the Author -- Codification Taxonomy -- Chapter 1 ASC 105 Generally Accepted Accounting Principles -- Perspectives and Issues -- What Is GAAP? -- Definitions of Terms -- Concepts, Rules, and Examples -- History of GAAP -- Chapter 2 ASC 205 Presentation of Financial Statements -- Perspective and Issues -- Subtopics -- Scope Exceptions -- Technical Alert -- Definitions of Terms -- Concepts, Rules, and Examples -- ASC 205-10, Overall -- ASC 205-20, Discontinued Operations -- ASC 205-30, Liquidation Basis of Accounting -- Chapter 3 ASC 210 Balance Sheet -- Perspective and Issues -- Subtopics -- Scope and Scope Exceptions -- Overview -- Practice Alerts -- Definitions of Terms -- Concepts, Rules, and Examples -- Form of the Statement of Financial Position -- ASC 210-10, Overall -- Liabilities -- Presentation -- ASC 210-20, Offsetting -- Other Sources -- Chapter 4 ASC 215 Statement of Shareholder Equity -- Perspective and Issues -- Chapter 5 ASC 220 Comprehensive Income -- Perspective and Issues -- Subtopic -- Scope Exceptions -- Overview -- Definitions of Terms -- Concepts, Rules, and Examples -- Limitations of the Income Statement -- Other Comprehensive Income -- Format of Statements of Income and Comprehensive Income -- Reporting Comprehensive Income in Two Separate but Consecutive Statements of Income and Comprehensive Income -- Chapter 6 ASC 225 Income Statement -- Perspective and Issues -- Subtopics -- Scope and Scope Exceptions -- Overview -- Definitions of Terms -- Concepts, Rules, and Examples -- Recognition and Measurement -- Format of Statements of Income and Comprehensive Income -- Income from Continuing Operations -- ASC 225-20, Extraordinary and Unusual Items -- Unusual or Infrequent Items -- Pro Forma Earnings -- ASC 225-30, Business Interruption Insurance.

Chapter 7 ASC 230 Statement of Cash Flows -- Perspective and Issues -- Subtopic -- Scope and Scope Exceptions -- Overview -- Definitions of Terms -- Concepts, Rules, and Examples -- Cash Focus -- Classification of Cash Receipts and Disbursements -- Operating Activities Presentation -- Other Requirements -- Entities Exempt from Providing a Statement of Cash Flows -- Net Reporting by Financial Institutions -- Not-for-Profit Organizations -- Reporting Hedging Transactions -- Reporting Foreign Currency Cash Flows -- Preparation of the Statement -- Statement of Cash Flows for Consolidated Entities -- Disclosures -- Other Sources -- Chapter 8 ASC 235 Notes to Financial Statements -- Perspective and Issues -- Subtopic -- Technical Alert -- Definitions of Terms -- Concepts, Rules, and Examples -- Accounting Policies -- Disclosure Techniques -- Chapter 9 ASC 250 Accounting Changes and Error Corrections -- Perspective and Issues -- Subtopics -- Scope -- Overview -- Definitions of Terms -- Concepts, Rules, and Examples -- Accounting Changes -- Summary of Accounting Changes and Error Corrections -- Change in Accounting Principle -- Disclosure of Prospective Changes in GAAP -- Reclassifications -- Change in Accounting Estimate -- Change in Accounting Estimate Effected by a Change in Accounting Principle -- Change in Reporting Entity -- Error Corrections -- Evaluating Uncorrected Misstatements -- Interim Reporting Considerations -- Other Sources -- Chapter 10 ASC 255 Changing Prices -- Perspective and Issues -- Subtopic -- Scope -- Definitions of Terms -- Concepts, Rules, and Examples -- Elective Disclosures -- Other Sources -- Chapter 11 ASC 260 Earnings Per Share -- Perspective and Issues -- Subtopic -- Scope and Scope Exceptions -- Overview -- Definitions of Terms -- Concepts, Rules, and Examples -- Simple Capital Structure -- Complex Capital Structure.

Examples of EPS Computation-Complex Capital Structure -- Participating Securities and the Two-Class Method -- Effect of Contracts That May Be Settled in Stock or Cash on the Computation of DEPS -- Inclusions/Exclusions from Computation of DEPS -- The Effect of Contingently Convertible Instruments on DEPS -- Consolidated DEPS -- Partially Paid Shares -- Effect of Certain Derivatives on EPS Computations -- Effect on EPS of Redemption or Induced Conversion of Preferred Stock -- EPS Impact of Tax Effect of Dividends Paid on Unallocated ESOP Shares -- Earnings Per Share Implications of ASC 718 -- Presentation -- Other Disclosure Requirements -- Comprehensive Example -- Diluted EPS (DEPS) -- Note X: Earnings per Share (Illustrative Disclosure Based on Facts from the Example) -- Other Sources -- Chapter 12 ASC 270 Interim Reporting -- Perspective and Issues -- Subtopic -- Overview -- Definitions of Terms -- Concepts, Rules, and Examples -- Part I-Requirements Applicable to All Reporting Entities -- Revenues -- Product Costs and Direct Costs -- Other Costs and Expenses -- Income Taxes -- Fair Value of Financial Instruments -- Discontinued Operations and Extraordinary Items -- Contingencies -- Seasonality -- Accounting Changes -- Part II-Requirements Applicable to Public Reporting Entities -- Quarterly Reporting to the SEC -- Other Sources -- Chapter 13 ASC 272 Limited Liability Entities -- Perspective and Issues -- Subtopic -- Definitions of Terms -- Concepts, Rules, and Examples -- Reporting by Limited Liability Companies and Partnerships -- Other Sources -- Chapter 14 ASC 274 Personal Financial Statements -- Perspective and Issues -- Subtopic -- Overview -- Definitions of Terms -- Concepts, Rules, and Examples -- Example: Hypothetical Set of Personal Financial Statements -- Chapter 15 ASC 275 Risks and Uncertainties -- Perspective and Issues -- Subtopic.

Scope and Scope Exceptions -- Definitions of Terms -- Concepts, Rules, and Examples -- Nature of Operations -- Use of Estimates in the Preparation of Financial Statements -- Certain Significant Estimates -- Current Vulnerability Due to Concentrations -- Example Disclosure - Geographic Concentration -- Other Sources -- Chapter 16 ASC 280 Segment Reporting -- Perspective and Issues -- Subtopic -- Overview -- Practice Alert -- Definitions of Terms -- Concepts, Rules, and Examples -- Applicability of ASC 280 -- Operating Segments -- Reportable Segments -- Measurement Issues -- Segment Disclosures -- Entity-Wide Disclosures -- Restatement of Previously Reported Segment Information -- Other Sources -- Chapter 17 ASC 305 Cash and Cash Equivalents -- Perspective and Issues -- Subtopic -- Scope -- Overview -- Practice Alert -- Definitions of Terms -- Concepts, Rules, and Examples -- Cash -- Chapter 18 ASC 310 Receivables -- Perspective and Issues -- Subtopics -- Scope and Scope Exceptions -- Overview -- Technical Alert -- Definitions of Terms -- Concepts, Rules, and Examples -- Receivables -- Valuation Allowance for Uncollectible Amounts -- Pledging, Assigning, and Factoring Receivables -- Loan Impairment -- ASC 310-20, Nonrefundable Fees and Other Costs -- ASC 310-30, Certain Loans or Debt Securities Acquired in Transfers -- Troubled Debt Restructuring, ASC 310-40 -- Chapter 19 ASC 320 Investments-Debt and Equity Securities -- Perspective and Issues -- Subtopics -- Scope and Scope Exceptions -- Overview -- Practice Alert -- Definitions of Terms -- Concepts, Rules, and Examples -- Debt Securities and Equity Securities with Readily Determinable Fair Values -- Held-to-Maturity Debt Securities -- Trading Securities -- Available-for-Sale Securities -- Deferred Income Tax Effects -- Transfers between Categories -- Other-than-Temporary Impairment (OTTI).

Cost-Method Investments -- Option Contracts -- Change in Fair Value Measurements After Year-end, Disclosures, and Elections -- Chapter 20 ASC 323 Investments-Equity Method and Joint Ventures -- Perspective and Issues -- Topics Related to Investments -- ASC 323 Subtopics -- ASC 323-10, Overall -- Scope and Scope Exception-ASC 323-10, Overall -- Scope-ASC 323-30, Partnerships, Joint Ventures, and Limited Liability Entities -- ASC 323-740, Income Taxes -- Technical Alert -- Definitions of Terms -- Concepts, Rules, and Examples -- The Equity Method of Accounting for Investments -- Chapter 21 ASC 325 Investments-Other -- Perspective and Issues -- Topics -- Subtopics -- Scope -- Overview -- Definitions of Terms -- Concepts, Rules, and Examples -- Cost Method Investments -- ASC 325-30, Investments in Insurance Contracts -- ASC 325-40, Beneficial Interests in Securitized Financial Assets -- Chapter 22 ASC 330 Inventory -- Perspective and Issues -- Subtopic -- Scope -- Practice Alert -- Overview -- Definitions of Terms -- Concepts, Rules, and Examples -- Ownership of Goods -- Accounting for Inventories -- Initial Measurement-Valuation of Inventories -- Lower of Cost or Market (LCM) -- Differences between GAAP and Income Tax Accounting for Inventories -- Other Inventory Topics -- Chapter 23 ASC 340 Other Assets and Deferred Costs -- Perspective and Issues -- Subtopics -- Scope and Scope Exceptions -- Overview -- Definitions of Terms -- Concepts, Rules, and Examples -- Prepaid Expenses -- Preproduction Costs Related to Long term Supply Arrangements -- Capitalized Advertising Costs -- Insurance Contracts that do not Translate Insurance Risk -- Other Sources -- Chapter 24 ASC 350 Intangibles-Goodwill and Other -- Perspective and Issues -- Subtopics -- Scope Exceptions -- Issues -- Technical Alert -- Definitions of Terms -- Concepts, Rules, and Examples.

Goodwill (ASC 350-20).

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