 Accounting
for
Plant Assets--General Concepts (added
11/13/98) |
Review
Questions |
| Accounting
for
Nonmonetary Transactions--APB Opinion No. 29 |
Illustrative
problems
for nonmonetary transactions (revised to reflect FAS No. 153) Review Questions |
| International Convergence Statement No. 153 is the result of a broader effort by the FASB to improve the comparability of cross-border financial reporting by working with the International Accounting Standards Board (IASB) toward development of a single set of high-quality accounting standards. The accounting for nonmonetary exchanges was identified as an area in which the U.S. standard could be improved by eliminating certain differences between the measurement guidance in Opinion 29 and that in IAS 16, Property, Plant and Equipment, and IAS 38, Intangible Assets. |
|
| Capitalization
of
Interest Cost--FAS No. 34 Codification (Codification
section 835-10) Question: In determining the amount of interest cost to be capitalized as part of the cost of acquiring qualifying assets, under what circumstances, if any, should interest income earned from investments be offset or netted against interest cost incurred? (See Codification section 835-20-30-10) ¤ Alternatives in accounting for interest cost |
Illustration
of interest capitalization Blackstone exercise Piedmont exercise Jones exercise Review Questions |
| Accounting
for
the Impairment of Long-Lived Assets--FAS No. 121
(superseded by FAS No. 144) |
Review Questions |
| Accounting
for
the Impairment of Long-Lived Assets--FAS No. 144
(added 10/31/01) |
Review
Questions Illustrative example for impairments |
| Procedural
Differences in Impairment Testing |
|
