Table of Contents

Preface vii


Financial Accounting Standards Board (FASB) 1


International Financial Reporting Standards (IFRS) 21


General-Purpose Financial Statements 28


Public Company Reporting Topics (SEC, EPS, Interim, and Segment) 70


Special Purpose Frameworks 83


Cash and Cash Equivalents 86


Accounts Receivable—Accounting and Reporting 88


Inventory 100


Property, Plant, and Equipment 125


Nonmonetary Exchanges 141


Investments 149


Intangible Assets 161


Payables and Accrued Liabilities 176


Long-Term Debt (Financial Liabilities) 183


Equity 201


Revenue Recognition 218


Deferred Compensation 228


Share-Based Payments 238


Income Taxes 243


Accounting Changes and Error Corrections 256


Business Combinations 264


Financial Instruments 268


Foreign Currency Denominated Transactions 276


Leases 280


Not-for-Profit Organizations 302


Special Industries: Health Care and Colleges 315


State and Local Government Concepts 317


Format and Content of Comprehensive Annual Financial Report (CAFR) 343


Typical Items and Specific Types of Transactions and Events 365


Index 374

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