1. Which Topic number of the FASB ASC discusses Hospitals? 2.Which Topic and Subtopic of the...
1. Which Topic number of the FASB ASC discusses Hospitals?
2.Which Topic and Subtopic of the FASB ASC discusses capitalizing advertising costs?
3. Which Topic, Subtopic and Section of the FASB ASC discusses the scope of notes to financial statements?
4. Which Topic, Subtopic, Section and Paragraph of the FASB ASC discusses the monthly accrual of property taxes?
Homework Answers
1) FASB ASC topic 954 talks about the presentation and disclosure of Patient service revenue, Provision for bad debts,and the allowance for doubtful accounts for certain health care entities.
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1. Which Topic number of the FASB ASC discusses Hospitals?
2.Which Topic and Subtopic of the...
Which Topic, Subtopic, Section and Paragraph of the FASB ASC discusses the monthly accrual of property...
Which Topic, Subtopic, Section and Paragraph of the FASB ASC discusses the monthly accrual of property taxes?
Which Topic, Subtopic and Section of the FASB ASC discusses the scope of notes to financial...
Which Topic, Subtopic and Section of the FASB ASC discusses the scope of notes to financial statements?
2.Which Topic and Subtopic of the FASB ASC discusses capitalizing advertising costs?
2.Which Topic and Subtopic of the FASB ASC discusses capitalizing advertising costs?
Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org) Required: Determine the specific nine-digit...
Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org) Required: Determine the specific nine-digit Codification citation (XXX-XX.XX.XX) for accounting for each of the following items 1. What alternative approaches can be used to estimate variable consideration? 2. What alternative approaches can be used to estimate the stand-alone selling price of performance obligations that are not sold separately? 3. What determines the timing of revenue recognition with respect to licenses of symbolic intellectual property? 4. What indicators suggest that...
use the online Professional View of the FASB Accounting Standards Codification (ASC) to answer several questions...
use the online Professional View of the FASB Accounting Standards Codification (ASC) to answer several questions in a written report. In the entire report, be sure to use “quotation marks” whenever you are not using your own words For the first set of questions (under the heading “Where in the Codification…”) your answer should include one or more search keywords if you used keywords rather than browsing and drilling down by topic and one or more references to the codification...
use the online Professional View of the FASB Accounting Standards Codification (ASC) to answer several questions...
use the online Professional View of the FASB Accounting Standards Codification (ASC) to answer several questions in a written report. In the entire report, be sure to use “quotation marks” whenever you are not using your own words For the first set of questions (under the heading “Where in the Codification…”) your answer should include one or more search keywords if you used keywords rather than browsing and drilling down by topic and one or more references to the codification...
impany that meets the definition of a VIE required to consolidate the VIE? FASB ASC 1-2...
impany that meets the definition of a VIE required to consolidate the VIE? FASB ASC 1-2 Status of Accounting Research Bulletins Portions of ARB No. 43 are still considered US GAAP. Three of the most important issues covered in ARB No. 43 are revenue recognition, treasury stock, and comparative financial statements. Find the appropriate sections of the FASB ASC, originally contained in ARB NO. 43, that address these issues. Cite the sources and copy the relevant information.
FASB codification research E 10-20 The FASB Accounting Standards Codification represents the single source of authoritative...
FASB codification research E 10-20 The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally accepted accounting principles 1. Obtain the relevant authoritative literature on nonmonetary exchanges using the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Identify the Codification topic number for nonmonetary transactions. What are the specific citations that list the disclosure requirements for nonmonetary transactions? Describe the disclosure requirements. 2. 3. E 10-21 FASB codification research Access the FASB Accounting Standards Codification at...
Need urgent help with FASB Project My topic is 810 (Topic 810): Accounting and Reporting for...
Need urgent help with FASB Project My topic is 810 (Topic 810): Accounting and Reporting for Decreases in Ownership of a Subsidiary—a Scope Clarification, requires that a parent derecognize a group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) if the parent ceases to have a controlling financial interest in that group of assets. Furthermore, the derecognition guidance in Subtopic 810-10...
Access the FASB Accounting Standards Codification at the FASB website
Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Determine each of the following: 1. The topic number (Topic XXX) that provides the accounting for earnings per share. 2. The specific eight-digit Codification citation (XXX-XX-XXX) that describes the additional information for earnings per share that must be included in the notes to the financial statements. 3. The specific eight-digit Codification citation (XXX-XX-XX-X) that requires disclosure of transactions affecting the number of common shares outstanding that occur after the most recent reporting...
Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org) Required: Determine the specific nine-digit Codification citation (XXX-XX.XX.XX) for accounting for each of the following items 1. What alternative approaches can be used to estimate variable consideration? 2. What alternative approaches can be used to estimate the stand-alone selling price of performance obligations that are not sold separately? 3. What determines the timing of revenue recognition with respect to licenses of symbolic intellectual property? 4. What indicators suggest that...
impany that meets the definition of a VIE required to consolidate the VIE? FASB ASC 1-2 Status of Accounting Research Bulletins Portions of ARB No. 43 are still considered US GAAP. Three of the most important issues covered in ARB No. 43 are revenue recognition, treasury stock, and comparative financial statements. Find the appropriate sections of the FASB ASC, originally contained in ARB NO. 43, that address these issues. Cite the sources and copy the relevant information.
FASB codification research E 10-20 The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally accepted accounting principles 1. Obtain the relevant authoritative literature on nonmonetary exchanges using the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Identify the Codification topic number for nonmonetary transactions. What are the specific citations that list the disclosure requirements for nonmonetary transactions? Describe the disclosure requirements. 2. 3. E 10-21 FASB codification research Access the FASB Accounting Standards Codification at...
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