FINANCIAL ACCOUNTING AND REPORTING 1
1.
Sources of GAAP and basic framework and concepts ........................................................... 3
2.
Reporting net income ................................................................................................... 14
3.
Income statement:
Income from continuing operations ................................................................................ 17
Discontinued operations ............................................................................................... 19
Extraordinary items ..................................................................................................... 22
Accounting changes and prior period adjustments ............................................................ 24
4.
Comprehensive income ................................................................................................ 31
5.
Balance sheet and disclosures overview .......................................................................... 36
6.
Interim financial reporting ............................................................................................ 38
7.
Segment reporting....................................................................................................... 39
8.
Development-stage enterprises ..................................................................................... 43
9.
Fair value measurements.............................................................................................. 44
10.
Homework reading: Discontinued operations examples ..................................................... 50
11.
Homework reading: Sources of GAAP and basic framework and concepts ............................. 52
12.
Homework reading: Segment reporting........................................................................... 63
13.
Homework reading: Enhanced outline for interim financial reporting
Sources of GAAP and basic framework and concepts ........................................................... 3
2.
Reporting net income ................................................................................................... 14
3.
Income statement:
Income from continuing operations ................................................................................ 17
Discontinued operations ............................................................................................... 19
Extraordinary items ..................................................................................................... 22
Accounting changes and prior period adjustments ............................................................ 24
4.
Comprehensive income ................................................................................................ 31
5.
Balance sheet and disclosures overview .......................................................................... 36
6.
Interim financial reporting ............................................................................................ 38
7.
Segment reporting....................................................................................................... 39
8.
Development-stage enterprises ..................................................................................... 43
9.
Fair value measurements.............................................................................................. 44
10.
Homework reading: Discontinued operations examples ..................................................... 50
11.
Homework reading: Sources of GAAP and basic framework and concepts ............................. 52
12.
Homework reading: Segment reporting........................................................................... 63
13.
Homework reading: Enhanced outline for interim financial reporting