Link to: proquest accounting and tax with standards |
Accounting
rule-making 1. The Evolution of U.S. GAAP part I or here 2.The Evolution of U.S. GAAP: The Political Forces Behind Professional Standards part II or here 3. How the U.S. Accounting Profession Got to Where it is Today: Part I or here 4. How the U.S. Accounting Profession Got to Where it is Today: Part II or here 5. Summary of Evolution of U.S. GAAP |
Role of Government in Setting Accounting Standards |
Accounting
Standards Codification (ASC) |
|
Accounting
History
Notes History of Accounting |
omit this
section for Fall, 2014
Meaning of GAAP
Codification
section 105-10
|
Principles based vs. Rules based
Accounting Standards Comparison of Principles based and Rules based Standards |
|
Accounting
Theory
vs. Accounting Practice Uses of accounting theory |
International accounting
In
response to a question regarding IFRS, [Mary] Schapiro [newly appointed SEC chair] said she has concerns with
the SEC’s current road map for transitioning “I will
take a big deep breath and look at this entire
area again carefully and will not necessarily feel
bound by the existing road map that’s out for
comment,” Schapiro said.
Schapiro highlighted her
concerns about a lack of consistency in the
application of IFRS, the cost for
|
Conceptual Foundations Conceptual Framework History On Golden’s Con: Selling False Hope for Real Change to Financial Reporting Quality"Financial statements always have been piles of estimates heaped upon a bunch of guesswork. Look through the footnotes to any company's financial statements, and you'll see that estimates are used for everything from loan-loss reserves, to income-tax and stock-option costs, even revenue." Source: Jonathan
Weil
|
Income-General Concepts | Discontinued
Operations
Codification
section 205-20 Reporting results of operations--pre-APB No. 30 |
Combined statement of Income and Retained Earnings | Changes
in
Accounting
Codification
section 250-10 Changes in Accounting for Changes |
Reporting
the results of operations:
Codification
section 225-20 Clean surplus vs. Dirty surplus |
Earnings
per share
Codification
section 260-10 (test No. 1 follows) |
Prior Period Adjustments Codification section 250-10 | Financial reporting and changing prices - FAS 33/89 Codification section 255-10 |
Balance Sheet Issues
still under construction !
return
to
contemporary accounting issues
to
return to Home Page