{"product_id":"intermediate-accounting-9781119613763","title":"Intermediate Accounting","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003e15 \u003c\/b\u003e\u003cb\u003eStockholders’ Equity 15-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIt’s a Global Market 15-1\u003c\/p\u003e \u003cp\u003eCorporate Capital 15-3\u003c\/p\u003e \u003cp\u003eCorporate Form 15-3\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003e1209 North Orange Street 15-3\u003c\/p\u003e \u003cp\u003eComponents of Stockholders’ Equity 15-5\u003c\/p\u003e \u003cp\u003eIssuance of Stock 15-6\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eThe Case of the Disappearing Receivable 15-9\u003c\/p\u003e \u003cp\u003ePreferred Stock 15-10\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eA Class (B) Act 15-12\u003c\/p\u003e \u003cp\u003eReacquisition of Shares 15-12\u003c\/p\u003e \u003cp\u003ePurchase of Treasury Stock 15-14\u003c\/p\u003e \u003cp\u003eSale of Treasury Stock 15-15\u003c\/p\u003e \u003cp\u003eRetiring Treasury Stock 15-16\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eBuybacks—Good or Bad? 15-16\u003c\/p\u003e \u003cp\u003eDividend Policy 15-17\u003c\/p\u003e \u003cp\u003eFinancial Condition and Dividend Distributions 15-17\u003c\/p\u003e \u003cp\u003eTypes of Dividends 15-18\u003c\/p\u003e \u003cp\u003eStock Dividends and Stock Splits 15-21\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eSplitsville 15-23\u003c\/p\u003e \u003cp\u003ePresentation and Analysis of Stockholders’ Equity 15-25\u003c\/p\u003e \u003cp\u003ePresentation 15-25\u003c\/p\u003e \u003cp\u003eAnalysis 15-27\u003c\/p\u003e \u003cp\u003eAppendix 15A: Dividend Preferences and Book Value per Share 15-29\u003c\/p\u003e \u003cp\u003eDividend Preferences 15-29\u003c\/p\u003e \u003cp\u003eBook Value per Share 15-30\u003c\/p\u003e \u003cp\u003eAnalytics in Action 15-51\u003c\/p\u003e \u003cp\u003eFAS B Codification and Exercises 15-52\u003c\/p\u003e \u003cp\u003eIFRS Insights 15-52\u003c\/p\u003e \u003cp\u003e\u003cb\u003e16 \u003c\/b\u003e\u003cb\u003eDilutive Securities and Earnings per Share 16-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKicking the Habit 16-1\u003c\/p\u003e \u003cp\u003eDilutive Securities 16-3\u003c\/p\u003e \u003cp\u003eDebt and Equity 16-3\u003c\/p\u003e \u003cp\u003eAccounting for Convertible Debt 16-3\u003c\/p\u003e \u003cp\u003eConvertible Preferred Stock 16-5\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eHow Low Can You Go? 16-6\u003c\/p\u003e \u003cp\u003eStock Warrants 16-6\u003c\/p\u003e \u003cp\u003eStock Warrants Issued with Other Securities 16-7\u003c\/p\u003e \u003cp\u003eRights to Subscribe to Additional Shares 16-9\u003c\/p\u003e \u003cp\u003e\u003ci\u003eEvolving Issue\u003c\/i\u003e is That All Debt? 16-9\u003c\/p\u003e \u003cp\u003eStock Compensation Plans 16-10\u003c\/p\u003e \u003cp\u003eMeasurement—Stock Compensation 16-11\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eWhat’s the Debate About? 16-12\u003c\/p\u003e \u003cp\u003eRecognition—Stock Compensation 16-13\u003c\/p\u003e \u003cp\u003eRestricted Stock 16-14\u003c\/p\u003e \u003cp\u003eEmployee Stock-Purchase Plans 16-16\u003c\/p\u003e \u003cp\u003eDisclosure of Compensation Plans 16-16\u003c\/p\u003e \u003cp\u003eBasic Earnings per Share 16-18\u003c\/p\u003e \u003cp\u003eEarnings per Share—Simple Capital Structure 16-19\u003c\/p\u003e \u003cp\u003eComprehensive Example 16-21\u003c\/p\u003e \u003cp\u003eDiluted Earnings per Share 16-22\u003c\/p\u003e \u003cp\u003eDiluted EPS—Convertible Securities 16-23\u003c\/p\u003e \u003cp\u003eDiluted EPS—Options and Warrants 16-25\u003c\/p\u003e \u003cp\u003eContingent Issue Agreement 16-26\u003c\/p\u003e \u003cp\u003eAntidilution Revisited 16-26\u003c\/p\u003e \u003cp\u003eEPS Presentation and Disclosure 16-27\u003c\/p\u003e \u003cp\u003eSummary of EPS Computation 16-29\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003ePro Forma EPS Confusion 16-30\u003c\/p\u003e \u003cp\u003eAppendix 16A: Accounting for Stock-Appreciation Rights 16-30\u003c\/p\u003e \u003cp\u003eSARs—Share-Based Equity Awards 16-31\u003c\/p\u003e \u003cp\u003eSARs—Share-Based Liability Awards 16-31\u003c\/p\u003e \u003cp\u003eStock-Appreciation Rights Example 16-32\u003c\/p\u003e \u003cp\u003eAppendix 16B: Comprehensive Earnings per Share Example 16-33\u003c\/p\u003e \u003cp\u003eDiluted Earnings per Share 16-34\u003c\/p\u003e \u003cp\u003eFAS B Codification and Exercises 16-57\u003c\/p\u003e \u003cp\u003eIFRS Insights 16-58\u003c\/p\u003e \u003cp\u003e\u003cb\u003e17 \u003c\/b\u003e\u003cb\u003eInvestments 17-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWinners and Losers 17-1\u003c\/p\u003e \u003cp\u003eInvestments in Debt Securities 17-2\u003c\/p\u003e \u003cp\u003eDebt Investment Classifications 17-3\u003c\/p\u003e \u003cp\u003eHeld-to-Maturity Securities (Amortized Cost) 17-4\u003c\/p\u003e \u003cp\u003eAvailable-for-Sale Securities (Fair Value Through Other Comprehensive Income) 17-6\u003c\/p\u003e \u003cp\u003eTrading Securities (Fair Value Through Net Income) 17-10\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eTo Have and to Hold 17-11\u003c\/p\u003e \u003cp\u003eInvestments in Equity Securities 17-11\u003c\/p\u003e \u003cp\u003eHoldings of Less Than 20% 17-12\u003c\/p\u003e \u003cp\u003eHoldings Between 20% and 50% (Equity Method) 17-14\u003c\/p\u003e \u003cp\u003eHoldings of More Than 50% (Consolidation) 17-16\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eWho’s in Control Here? 17-16\u003c\/p\u003e \u003cp\u003eOther Financial Reporting Issues 17-17\u003c\/p\u003e \u003cp\u003eFair Value Option 17-17\u003c\/p\u003e \u003cp\u003e\u003ci\u003eEvolving Issue \u003c\/i\u003eFair Value Controversy 17-18\u003c\/p\u003e \u003cp\u003eImpairment of Value 17-18\u003c\/p\u003e \u003cp\u003eReclassification Adjustments 17-21\u003c\/p\u003e \u003cp\u003eTransfers Related to Debt Securities 17-24\u003c\/p\u003e \u003cp\u003eSummary of Reporting Treatment of Securities 17-25\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do The Numbers Mean? \u003c\/i\u003eSo You Think It is Easy? 17-26\u003c\/p\u003e \u003cp\u003eAppendix 17A: Accounting for Derivative Instruments 17-26\u003c\/p\u003e \u003cp\u003eDefining Derivatives 17-27\u003c\/p\u003e \u003cp\u003eWho Uses Derivatives, and Why? 17-27\u003c\/p\u003e \u003cp\u003eProducers and Consumers 17-27\u003c\/p\u003e \u003cp\u003eSpeculators and Arbitrageurs 17-28\u003c\/p\u003e \u003cp\u003eBasic Principles in Accounting for Derivatives 17-29\u003c\/p\u003e \u003cp\u003eExample of Derivative Financial Instrument—Speculation 17-29\u003c\/p\u003e \u003cp\u003eDifferences Between Traditional and Derivative Financial Instruments 17-31\u003c\/p\u003e \u003cp\u003eDerivatives Used for Hedging 17-32\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eRisky Business 17-33\u003c\/p\u003e \u003cp\u003eFair Value Hedge 17-33\u003c\/p\u003e \u003cp\u003eCash Flow Hedge 17-35\u003c\/p\u003e \u003cp\u003eOther Reporting Issues 17-37\u003c\/p\u003e \u003cp\u003eEmbedded Derivatives 17-37\u003c\/p\u003e \u003cp\u003eQualifying Hedge Criteria 17-38\u003c\/p\u003e \u003cp\u003eSummary of Derivatives Accounting 17-39\u003c\/p\u003e \u003cp\u003eComprehensive Hedge Accounting Example 17-40\u003c\/p\u003e \u003cp\u003eFair Value Hedge 17-40\u003c\/p\u003e \u003cp\u003eFinancial Statement Presentation of an Interest Rate Swap 17-42\u003c\/p\u003e \u003cp\u003eControversy and Concluding Remarks 17-43\u003c\/p\u003e \u003cp\u003eAppendix 17B: Fair Value Disclosures 17-43\u003c\/p\u003e \u003cp\u003eDisclosure of Fair Value Information: Financial Instruments 17-44\u003c\/p\u003e \u003cp\u003eDisclosure of Fair Values: Impaired Assets or Liabilities 17-46\u003c\/p\u003e \u003cp\u003eConclusion 17-47\u003c\/p\u003e \u003cp\u003eFAS B Codification and Exercises 17-70\u003c\/p\u003e \u003cp\u003eIFRS Insights 17-71\u003c\/p\u003e \u003cp\u003e\u003cb\u003e18 \u003c\/b\u003e\u003cb\u003eRevenue Recognition 18-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIt’s Back 18-1\u003c\/p\u003e \u003cp\u003eFundamentals of Revenue Recognition 18-3\u003c\/p\u003e \u003cp\u003eBackground 18-3\u003c\/p\u003e \u003cp\u003eNew Revenue Recognition Standard 18-4\u003c\/p\u003e \u003cp\u003eOverview of the Five-Step Process: Boeing Example 18-4\u003c\/p\u003e \u003cp\u003eExtended Example of the Five-Step Process: BEAN 18-5\u003c\/p\u003e \u003cp\u003eThe Five-Step Process Revisited 18-9\u003c\/p\u003e \u003cp\u003eIdentifying the Contract with Customers—Step 1 18-9\u003c\/p\u003e \u003cp\u003eIdentifying Separate Performance Obligations—Step 2 18-10\u003c\/p\u003e \u003cp\u003eDetermining the Transaction Price—Step 3 18-11\u003c\/p\u003e \u003cp\u003eAllocating the Transaction Price to Separate Performance Obligations—Step 4 18-15\u003c\/p\u003e \u003cp\u003eRecognizing Revenue When (or as) Each Performance Obligation is Satisfied—Step 5 18-17\u003c\/p\u003e \u003cp\u003eSummary 18-18\u003c\/p\u003e \u003cp\u003eAccounting for Revenue Recognition Issues 18-19\u003c\/p\u003e \u003cp\u003eSales Returns and Allowances 18-19\u003c\/p\u003e \u003cp\u003eRepurchase Agreements 18-22\u003c\/p\u003e \u003cp\u003eBill-and-Hold Arrangements 18-24\u003c\/p\u003e \u003cp\u003ePrincipal-Agent Relationships 18-24\u003c\/p\u003e \u003cp\u003eConsignments 18-25\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eGrossed Out 18-27\u003c\/p\u003e \u003cp\u003eWarranties 18-27\u003c\/p\u003e \u003cp\u003eNonrefundable Upfront Fees 18-29\u003c\/p\u003e \u003cp\u003eSummary 18-29\u003c\/p\u003e \u003cp\u003ePresentation and Disclosure 18-30\u003c\/p\u003e \u003cp\u003ePresentation 18-30\u003c\/p\u003e \u003cp\u003eDisclosure 18-34\u003c\/p\u003e \u003cp\u003e\u003ci\u003eEvolving Issue \u003c\/i\u003eRevenue: “It’s Like An Octopus” 18-35\u003c\/p\u003e \u003cp\u003eAppendix 18A: Long-Term Construction Contracts 18-36\u003c\/p\u003e \u003cp\u003eRevenue Recognition over Time 18-36\u003c\/p\u003e \u003cp\u003ePercentage-of-Completion Method 18-37\u003c\/p\u003e \u003cp\u003eCompleted-Contract Method 18-42\u003c\/p\u003e \u003cp\u003eLong-Term Contract Losses 18-43\u003c\/p\u003e \u003cp\u003eAppendix 18B: Revenue Recognition for Franchises 18-46\u003c\/p\u003e \u003cp\u003eFranchise Accounting 18-47\u003c\/p\u003e \u003cp\u003eRecognition of Franchise Rights Revenue over Time 18-49\u003c\/p\u003e \u003cp\u003eFAS B Codification and Exercises 18-76\u003c\/p\u003e \u003cp\u003e\u003cb\u003e19 \u003c\/b\u003e\u003cb\u003eAccounting for Income Taxes 19-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTaxes Are A-Changing 19-1\u003c\/p\u003e \u003cp\u003eFundamentals of Accounting for Income Taxes 19-3\u003c\/p\u003e \u003cp\u003eFuture Taxable Amounts and Deferred Taxes 19-4\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003e“Real Liabilities” 19-8\u003c\/p\u003e \u003cp\u003eFuture Deductible Amounts and Deferred Taxes 19-8\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003e“Real Assets” 19-11\u003c\/p\u003e \u003cp\u003eDeferred Tax Asset—Valuation Allowance 19-11\u003c\/p\u003e \u003cp\u003eAdditional Considerations 19-12\u003c\/p\u003e \u003cp\u003eIncome Statement Presentation 19-12\u003c\/p\u003e \u003cp\u003eSpecific Differences 19-13\u003c\/p\u003e \u003cp\u003eTax Rate Considerations 19-16\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eGlobal Tax Rates 19-17\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eLower Tax Rate—Good or Bad? 19-18\u003c\/p\u003e \u003cp\u003eAccounting for Net Operating Losses 19-18\u003c\/p\u003e \u003cp\u003eLoss Carryforward 19-19\u003c\/p\u003e \u003cp\u003eLoss Carryforward Example 19-19\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eNOLs: Good News or Bad? 19-23\u003c\/p\u003e \u003cp\u003eFinancial Statement Presentation 19-23\u003c\/p\u003e \u003cp\u003eBalance Sheet 19-23\u003c\/p\u003e \u003cp\u003eNote Disclosure 19-24\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eImagination at Work 19-25\u003c\/p\u003e \u003cp\u003eIncome Statement 19-26\u003c\/p\u003e \u003cp\u003e\u003ci\u003eEvolving Issue \u003c\/i\u003eUncertain Tax Positions 19-28\u003c\/p\u003e \u003cp\u003eThe Asset-Liability Method 19-28\u003c\/p\u003e \u003cp\u003eAppendix 19A: Comprehensive Example of Interperiod Tax Allocation 19-30\u003c\/p\u003e \u003cp\u003eFirst Year—2019 19-30\u003c\/p\u003e \u003cp\u003eTaxable Income and Income Taxes Payable—2019 19-31\u003c\/p\u003e \u003cp\u003eComputing Deferred Income Taxes—End of 2019 19-31\u003c\/p\u003e \u003cp\u003eDeferred Tax Expense (Benefit) and the Journal Entry to Record Income Taxes—2019 19-32\u003c\/p\u003e \u003cp\u003eFinancial Statement Presentation—2019 19-33\u003c\/p\u003e \u003cp\u003eSecond Year—2020 19-34\u003c\/p\u003e \u003cp\u003eTaxable Income and Income Taxes Payable—2020 19-34\u003c\/p\u003e \u003cp\u003eComputing Deferred Income Taxes—End of 2020 19-35\u003c\/p\u003e \u003cp\u003eDeferred Tax Expense (Benefit) and the Journal Entry to Record Income Taxes—2020 19-35\u003c\/p\u003e \u003cp\u003eFinancial Statement Presentation—2020 19-36\u003c\/p\u003e \u003cp\u003eAppendix 19B: Accounting for Net Operating Loss Carrybacks 19-36\u003c\/p\u003e \u003cp\u003eLoss Carryback 19-37\u003c\/p\u003e \u003cp\u003eLoss Carryback Example 19-37\u003c\/p\u003e \u003cp\u003eLoss Carryback with Carryforward 19-38\u003c\/p\u003e \u003cp\u003eFAS B Codification and Exercises 19-59\u003c\/p\u003e \u003cp\u003eIFRS Insights 19-60\u003c\/p\u003e \u003cp\u003e\u003cb\u003e20 Accounting for Pensions and Postretirement Benefits 20-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhere Have All the Pensions Gone? 20-2\u003c\/p\u003e \u003cp\u003eFundamentals of Pension Plan Accounting 20-3\u003c\/p\u003e \u003cp\u003eDefined Contribution Plan 20-4\u003c\/p\u003e \u003cp\u003eDefined Benefit Plan 20-5\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eWhich Plan is Right for You? 20-6\u003c\/p\u003e \u003cp\u003eThe Role of Actuaries in Pension Accounting 20-6\u003c\/p\u003e \u003cp\u003eMeasures of the Liability 20-7\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eRoller Coaster 20-8\u003c\/p\u003e \u003cp\u003eComponents of Pension Expense 20-9\u003c\/p\u003e \u003cp\u003eUsing a Pension Worksheet 20-11\u003c\/p\u003e \u003cp\u003e2020 Entries and Worksheet 20-12\u003c\/p\u003e \u003cp\u003eFunded Status 20-13\u003c\/p\u003e \u003cp\u003ePrior Service Cost (PSC) 20-13\u003c\/p\u003e \u003cp\u003eAmortization 20-14\u003c\/p\u003e \u003cp\u003e2021 Entries and Worksheet 20-15\u003c\/p\u003e \u003cp\u003eGains and Losses 20-17\u003c\/p\u003e \u003cp\u003eSmoothing Unexpected Gains and Losses on Plan Assets 20-17\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003ePension Costs Ups and Downs 20-18\u003c\/p\u003e \u003cp\u003eSmoothing Unexpected Gains and Losses on the Pension Liability 20-18\u003c\/p\u003e \u003cp\u003eCorridor Amortization 20-18\u003c\/p\u003e \u003cp\u003e\u003ci\u003eEvolving Issue \u003c\/i\u003eBye Bye Corridor 20-21\u003c\/p\u003e \u003cp\u003e2022 Entries and Worksheet 20-21\u003c\/p\u003e \u003cp\u003e2023 Entries and Worksheet—A Comprehensive Example 20-23\u003c\/p\u003e \u003cp\u003eReporting Pension Plans in Financial Statements 20-25\u003c\/p\u003e \u003cp\u003eAssets and Liabilities 20-25\u003c\/p\u003e \u003cp\u003eNet Income 20-26\u003c\/p\u003e \u003cp\u003eComprehensive Income 20-27\u003c\/p\u003e \u003cp\u003eWithin the Notes to the Financial Statements 20-28\u003c\/p\u003e \u003cp\u003eSpecial Issues 20-31\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eWho Guarantees the Guarantor? 20-32\u003c\/p\u003e \u003cp\u003eConcluding Observations 20-34\u003c\/p\u003e \u003cp\u003eAppendix 20A: Accounting for Postretirement Benefits 20-34\u003c\/p\u003e \u003cp\u003eAccounting Guidance 20-34\u003c\/p\u003e \u003cp\u003eDifferences Between Pension Benefits and Healthcare Benefits 20-35\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eOPEBs—How Big Are They? 20-36\u003c\/p\u003e \u003cp\u003ePostretirement Benefits Accounting Provisions 20-36\u003c\/p\u003e \u003cp\u003eObligations Under Postretirement Benefits 20-36\u003c\/p\u003e \u003cp\u003ePostretirement Expense 20-37\u003c\/p\u003e \u003cp\u003eIllustrative Accounting Entries 20-38\u003c\/p\u003e \u003cp\u003e2020 Entries and Worksheet 20-38\u003c\/p\u003e \u003cp\u003eRecognition of Gains and Losses 20-39\u003c\/p\u003e \u003cp\u003e2021 Entries and Worksheet 20-40\u003c\/p\u003e \u003cp\u003eAmortization of Net Gain or Loss in 2022 20-41\u003c\/p\u003e \u003cp\u003eDisclosures in Notes to the Financial Statements 20-41\u003c\/p\u003e \u003cp\u003eActuarial Assumptions and Conceptual Issues 20-43\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eWant Some Bad News? 20-43\u003c\/p\u003e \u003cp\u003eFAS B Codification and Exercises 20-67\u003c\/p\u003e \u003cp\u003eIFRS Insights 20-68\u003c\/p\u003e \u003cp\u003e\u003cb\u003e21 \u003c\/b\u003e\u003cb\u003eAccounting for Leases 21-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTimes Are A-Changing 21-1\u003c\/p\u003e \u003cp\u003eThe Leasing Environment 21-3\u003c\/p\u003e \u003cp\u003eA Look at the Lessee 21-3\u003c\/p\u003e \u003cp\u003eAdvantages of Leasing—Lessees 21-4\u003c\/p\u003e \u003cp\u003eA Look at the Lessor 21-4\u003c\/p\u003e \u003cp\u003eAdvantages of Leasing—Lessors 21-5\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eResidual Value Regret 21-6\u003c\/p\u003e \u003cp\u003eConceptual Nature of a Lease 21-6\u003c\/p\u003e \u003cp\u003eFinance and Operating Leases (Lessee) 21-7\u003c\/p\u003e \u003cp\u003eLease Classification 21-7\u003c\/p\u003e \u003cp\u003eAccounting for Finance Leases 21-11\u003c\/p\u003e \u003cp\u003eLessee Accounting for Finance Leases: An Example 21-11\u003c\/p\u003e \u003cp\u003eLessor Accounting for Sales-Type Leases 21-14\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eNot So Fast 21-15\u003c\/p\u003e \u003cp\u003eSales-Type Lease Example 21-16\u003c\/p\u003e \u003cp\u003eAccounting for Operating Leases 21-18\u003c\/p\u003e \u003cp\u003eLessee Accounting for Operating Leases 21-18\u003c\/p\u003e \u003cp\u003eLessor Accounting for Operating Leases 21-21\u003c\/p\u003e \u003cp\u003eSpecial Lease Accounting Problems 21-22\u003c\/p\u003e \u003cp\u003eResidual Values 21-23\u003c\/p\u003e \u003cp\u003eOther Lease Adjustments 21-27\u003c\/p\u003e \u003cp\u003eBargain Purchase Options 21-29\u003c\/p\u003e \u003cp\u003eShort-Term Leases 21-30\u003c\/p\u003e \u003cp\u003ePresentation, Disclosure, and Analysis 21-30\u003c\/p\u003e \u003cp\u003e\u003ci\u003eEvolving Issue \u003c\/i\u003eBring It On! 21-34\u003c\/p\u003e \u003cp\u003eAppendix 21A: Sale-Leasebacks 21-35\u003c\/p\u003e \u003cp\u003eAccounting Issues in Sale-Leaseback Transactions 21-35\u003c\/p\u003e \u003cp\u003eSale Transaction 21-36\u003c\/p\u003e \u003cp\u003eFinancing Transaction (Failed Sale) 21-36\u003c\/p\u003e \u003cp\u003eSale-Leaseback Example 21-37\u003c\/p\u003e \u003cp\u003eAppendix 21B: Direct Financing Lease (Lessor) 21-39\u003c\/p\u003e \u003cp\u003eDirect Finance Lease Accounting 21-39\u003c\/p\u003e \u003cp\u003eDirect Financing Lease Example 21-40\u003c\/p\u003e \u003cp\u003eAppendix 21C: Comprehensive Examples 21-44\u003c\/p\u003e \u003cp\u003eLease Terms: Scenario 1 21-44\u003c\/p\u003e \u003cp\u003eLease Classification 21-44\u003c\/p\u003e \u003cp\u003eAccounting for Finance Lease 21-45\u003c\/p\u003e \u003cp\u003eLease Terms: Scenario 2 21-46\u003c\/p\u003e \u003cp\u003eLease Classification 21-47\u003c\/p\u003e \u003cp\u003eLessee Accounting—Operating Lease 21-47\u003c\/p\u003e \u003cp\u003eLessor Accounting—Operating Lease 21-50\u003c\/p\u003e \u003cp\u003eFAS B Codification and Exercises 21-79\u003c\/p\u003e \u003cp\u003eIFRS Insights 21-80\u003c\/p\u003e \u003cp\u003e\u003cb\u003e22 \u003c\/b\u003e\u003cb\u003eAccounting Changes and Error Analysis 22-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIn the Dark 22-2\u003c\/p\u003e \u003cp\u003eAccounting Changes 22-3\u003c\/p\u003e \u003cp\u003eBackground 22-3\u003c\/p\u003e \u003cp\u003eChanges in Accounting Principle 22-4\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eQuite a Change 22-5\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eChange Management 22-7\u003c\/p\u003e \u003cp\u003eImpracticability 22-14\u003c\/p\u003e \u003cp\u003eOther Accounting Changes 22-15\u003c\/p\u003e \u003cp\u003eChanges in Accounting Estimates 22-16\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eWhy Now? 22-18\u003c\/p\u003e \u003cp\u003eChanges in Reporting Entity 22-18\u003c\/p\u003e \u003cp\u003eAccounting Errors 22-19\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eCan I Get My Money Back? 22-20\u003c\/p\u003e \u003cp\u003eExample of Error Correction 22-20\u003c\/p\u003e \u003cp\u003eSummary of Accounting Changes and Correction of Errors 22-22\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eWhat’s Your Motivation? 22-24\u003c\/p\u003e \u003cp\u003eError Analysis 22-24\u003c\/p\u003e \u003cp\u003eBalance Sheet Errors 22-25\u003c\/p\u003e \u003cp\u003eIncome Statement Errors 22-25\u003c\/p\u003e \u003cp\u003eBalance Sheet and Income Statement Errors 22-25\u003c\/p\u003e \u003cp\u003eComprehensive Example: Numerous Errors 22-28\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eGuard the Financial Statements! 22-30\u003c\/p\u003e \u003cp\u003ePreparation of Financial Statements with Error Corrections 22-31\u003c\/p\u003e \u003cp\u003eAppendix 22A: Changing from or to the Equity Method 22-33\u003c\/p\u003e \u003cp\u003eChange from the Equity Method 22-33\u003c\/p\u003e \u003cp\u003eDividends in Excess of Earnings 22-33\u003c\/p\u003e \u003cp\u003eChange to the Equity Method 22-34\u003c\/p\u003e \u003cp\u003eFAS B Codification and Exercises 22-60\u003c\/p\u003e \u003cp\u003eIFRS Insights 22-61\u003c\/p\u003e \u003cp\u003e\u003cb\u003e23 \u003c\/b\u003e\u003cb\u003eStatement of Cash Flows 23-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eShow Me the Money! 23-1\u003c\/p\u003e \u003cp\u003eStatement of Cash Flows 23-3\u003c\/p\u003e \u003cp\u003eUsefulness of the Statement of Cash Flows 23-3\u003c\/p\u003e \u003cp\u003eClassification of Cash Flows 23-4\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eHow’s My Cash Flow? 23-5\u003c\/p\u003e \u003cp\u003eFormat of the Statement of Cash Flows 23-6\u003c\/p\u003e \u003cp\u003ePreparing the Statement of Cash Flows 23-6\u003c\/p\u003e \u003cp\u003eIllustrations—Tax Consultants Inc. 23-7\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eEarnings and Cash Flow Management? 23-9\u003c\/p\u003e \u003cp\u003eSources of Information for the Statement of Cash Flows 23-17\u003c\/p\u003e \u003cp\u003eNet Cash Flow from Operating Activities—Direct Method 23-17\u003c\/p\u003e \u003cp\u003e\u003ci\u003eEvolving Issue \u003c\/i\u003eDirect versus Indirect 23-22\u003c\/p\u003e \u003cp\u003eSpecial Problems in Statement Preparation 23-24\u003c\/p\u003e \u003cp\u003eAdjustments to Net Income 23-24\u003c\/p\u003e \u003cp\u003eAccounts Receivable (Net) 23-27\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eNot What It Seems 23-29\u003c\/p\u003e \u003cp\u003eOther Working Capital Changes 23-29\u003c\/p\u003e \u003cp\u003eNet Losses 23-30\u003c\/p\u003e \u003cp\u003eSignificant Noncash Transactions 23-31\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eBetter Than ROA? 23-32\u003c\/p\u003e \u003cp\u003eUse of a Worksheet 23-32\u003c\/p\u003e \u003cp\u003ePreparation of the Worksheet 23-34\u003c\/p\u003e \u003cp\u003eAnalysis of Transactions 23-37\u003c\/p\u003e \u003cp\u003ePreparation of Final Statement 23-40\u003c\/p\u003e \u003cp\u003eFAS B Codification and Exercises 23-69\u003c\/p\u003e \u003cp\u003eIFRS Insights 23-70\u003c\/p\u003e \u003cp\u003e\u003cb\u003e24 \u003c\/b\u003e\u003cb\u003eFull Disclosure in Financial Reporting 24-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHigh-Quality Financial Reporting—Always in Fashion 24-2\u003c\/p\u003e \u003cp\u003eFull Disclosure Principle 24-3\u003c\/p\u003e \u003cp\u003eIncrease in Reporting Requirements 24-4\u003c\/p\u003e \u003cp\u003eDifferential Disclosure 24-5\u003c\/p\u003e \u003cp\u003e\u003ci\u003eEvolving Issue \u003c\/i\u003eDisclosure—Quantity and Quality 24-6\u003c\/p\u003e \u003cp\u003eNotes to the Financial Statements 24-6\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eFootnote Secrets 24-8\u003c\/p\u003e \u003cp\u003eDisclosure Issues 24-8\u003c\/p\u003e \u003cp\u003eRelated Parties 24-8\u003c\/p\u003e \u003cp\u003ePost-Balance-Sheet Events (Subsequent Events) 24-9\u003c\/p\u003e \u003cp\u003eReporting for Diversified (Conglomerate) Companies 24-11\u003c\/p\u003e \u003cp\u003eInterim Reports 24-15\u003c\/p\u003e \u003cp\u003e\u003ci\u003eEvolving Issue \u003c\/i\u003eIt’s Faster but is It Better? 24-20\u003c\/p\u003e \u003cp\u003eAuditor’s and Management’s Reports 24-21\u003c\/p\u003e \u003cp\u003eAuditor’s Report 24-21\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eHeart of the Matter 24-24\u003c\/p\u003e \u003cp\u003eManagement’s Reports 24-24\u003c\/p\u003e \u003cp\u003eCurrent Reporting Issues 24-26\u003c\/p\u003e \u003cp\u003eFraudulent Financial Reporting 24-26\u003c\/p\u003e \u003cp\u003eInternet Financial Reporting 24-29\u003c\/p\u003e \u003cp\u003eReporting on Financial Forecasts and Projections 24-30\u003c\/p\u003e \u003cp\u003e\u003ci\u003eWhat Do the Numbers Mean? \u003c\/i\u003eGlobal Forecasts 24-31\u003c\/p\u003e \u003cp\u003eCriteria for Making Accounting and Reporting Choices 24-31\u003c\/p\u003e \u003cp\u003eAppendix 24A: Basic Financial Statement Analysis 24-32\u003c\/p\u003e \u003cp\u003ePerspective on Financial Statement Analysis 24-32\u003c\/p\u003e \u003cp\u003eRatio Analysis 24-33\u003c\/p\u003e \u003cp\u003eLimitations of Ratio Analysis 24-35\u003c\/p\u003e \u003cp\u003eComparative Analysis 24-36\u003c\/p\u003e \u003cp\u003ePercentage (Common-Size) Analysis 24-37\u003c\/p\u003e \u003cp\u003eFAS B Codification and Exercises 24-58\u003c\/p\u003e \u003cp\u003eIFRS Insights 24-59\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix A Private Company Accounting A-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Private Company Council (PCC) A-1\u003c\/p\u003e \u003cp\u003eBackground on the PCC A-1\u003c\/p\u003e \u003cp\u003ePrivate Company Decision-Making Framework A-1\u003c\/p\u003e \u003cp\u003ePCC Accomplishments A-2\u003c\/p\u003e \u003cp\u003ePrivate Company Alternatives for Intangible Assets and Goodwill A-2\u003c\/p\u003e \u003cp\u003eAccounting for Identifiable Intangible Assets A-2\u003c\/p\u003e \u003cp\u003eAccounting for Goodwill A-4\u003c\/p\u003e \u003cp\u003eSummary A-6\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix B Specimen Financial Statements: The Procter \u0026amp; Gamble Company B-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix C Specimen Financial Statements: The Coca-Cola Company C-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix D Specimen Financial Statements: PepsiCo, Inc. D-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix E Specimen Financial Statements: Marks and Spencer plc E-1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTime Value of Money Tables TVM-1\u003c\/p\u003e \u003cp\u003eIndex I-1\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49528860344663,"sku":"9781119613763","price":54.1,"currency_code":"GBP","in_stock":false}],"url":"https:\/\/bookcurl.com\/products\/intermediate-accounting-9781119613763","provider":"Book Curl","version":"1.0","type":"link"}