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NOT IN USE - Custom ACCY 250 Financial Reporting I (Sacramento State)
by Hanlon
ISBN: 0000000000 | Copyright 2020
Instructor Requests
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| Intermediate Accounting, 2e (pg. 1.7-1) | |
| Chapter 7: Revenue Recognition (pg. 1.7-1) | |
| LO 7-1 Apply the five-step revenue recognition process (pg. 1.7-3) | |
| Demo 7-1 Application of the Five-Step Revenue Recognition Process (pg. 1.7-4) | |
| Review 7-1 Application of the Five-Step Revenue Recognition Process (pg. 1.7-5) | |
| LO 7-2 Identify the contract with the customer-Step 1 (pg. 1.7-5) | |
| Conditions of a Valid Contract (pg. 1.7-6) | |
| Demo 7-2 Validity of a Contract (pg. 1.7-7) | |
| Review 7-2 Validity of a Contract (pg. 1.7-8) | |
| LO 7-3 Identify the performance obligations in the contract-Step 2 (pg. 1.7-8) | |
| Identification of Separate Performance Obligation(s) (pg. 1.7-9) | |
| Demo 7-3 Identification of Separate Performance Obligation(s) (pg. 1.7-11) | |
| Review 7-3 Identification of Separate Performance Obligation(s) (pg. 1.7-13) | |
| LO 7-4 Determine the transaction price-Step 3 (pg. 1.7-13) | |
| Fixed Consideration (pg. 1.7-14) | |
| Variable Consideration (pg. 1.7-14) | |
| Demo 7-4A Estimating Transaction Price when it Includes Variable Consideration (pg. 1.7-15) | |
| Demo 7-4B Reducing the Transaction Price for Consideration Payable (pg. 1.7-16) | |
| Review 7-4 Transaction Price (pg. 1.7-18) | |
| LO 7-5 Allocate the transaction price to performance obligations in the contract-Step 4 (pg. 1.7-18) | |
| Adjusted Market Assessment Approach (pg. 1.7-19) | |
| Expected Cost Plus a Margin Approach (pg. 1.7-19) | |
| Residual Approach (pg. 1.7-19) | |
| Demo 7-5A Transaction Price Allocation-Standalone Selling Prices Are Observable (pg. 1.7-20) | |
| Demo 7-5B Transaction Price Allocation-Standalone Selling Prices Are Estimated (pg. 1.7-21) | |
| Review 7-5 Allocation of Transaction Price (pg. 1.7-22) | |
| LO 7-6 Recognize revenue when (or as) the seller satisfies a performance obligation-Step 5 (pg. 1.7-22) | |
| Recognition of Revenue Over Time (pg. 1.7-23) | |
| Recognition of Revenue at a Point in Time (pg. 1.7-24) | |
| Contract Liabilities and Contract Assets (pg. 1.7-24) | |
| Demo 7-6A Recognition of Revenue at a Point in Time (pg. 1.7-25) | |
| Demo 7-6B Recognition of Revenue Over Time (pg. 1.7-26) | |
| Demo 7-6C Recognition of License Revenue (pg. 1.7-29) | |
| Review 7-6 Revenue Recognition (pg. 1.7-30) | |
| LO 7-7 Recognize revenue after a contract modification (pg. 1.7-30) | |
| Demo 7-7 Revenue Recognition with a Contract Modification (pg. 1.7-31) | |
| Review 7-7 Contract Modification (pg. 1.7-32) | |
| LO 7-8 Recognize revenue in more complex revenue arrangements (pg. 1.7-33) | |
| Bill-and-Hold Arrangement (pg. 1.7-33) | |
| Demo 7-8A Transfer of Control under a Bill-and-Hold Arrangement (pg. 1.7-33) | |
| Consignment Arrangement (pg. 1.7-34) | |
| Demo 7-8B Transfer of Control under a Consignment Arrangement (pg. 1.7-34) | |
| Repurchase Arrangement (pg. 1.7-35) | |
| Demo 7-8C Transfer of Control under Repurchase Arrangements (pg. 1.7-35) | |
| Principal/Agent Arrangement (pg. 1.7-36) | |
| Demo 7-8D Estimating Revenue for Principals and Agents (pg. 1.7-37) | |
| Review 7-8 Complex Revenue Arrangements (pg. 1.7-38) | |
| LO 7-9 Describe accounting for contract costs and disclosure requirements for revenue recognition (pg. 1.7-39) | |
| Contract Costs (pg. 1.7-39) | |
| Demo 7-9 Accounting for and Reporting of Contract Costs (pg. 1.7-40) | |
| Financial Reporting (pg. 1.7-41) | |
| Financial Statement Disclosures (pg. 1.7-41) | |
| Review 7-9 Contract Costs and Revenue Disclosures (pg. 1.7-42) | |
| Management Judgment (pg. 1.7-42) | |
| Step 1: Identify contract(s) with customer (pg. 1.7-43) | |
| Step 2: Identify performance obligation(s) in the contract (pg. 1.7-43) | |
| Step 3: Determine the transaction price (pg. 1.7-43) | |
| Step 4: Allocate transaction price to performance obligation(s) (pg. 1.7-43) | |
| Step 5: Recognize revenue when (or as) each performance obligation is satisfied through a transfer o (pg. 1.7-43) | |
| APPENDIX 7A Apply the revenue recognition process to long-term contracts expected to be profitable (pg. 1.7-43) | |
| Demo 7-10A Long-Term Contract: Revenue Recognized Over Time—Cost-to-Cost Basis (pg. 1.7-44) | |
| Demo 7-10B Long-Term Contract: Revenue Recognized at a Point in Time (pg. 1.7-46) | |
| Review 7-10 Long-Term Profitable Construction Project (pg. 1.7-47) | |
| APPENDIX 7B Apply the revenue recognition process to long-term contracts expected to be unprofitabl (pg. 1.7-48) | |
| Demo 7-11A Overall Loss on an Unprofitable Contract (pg. 1.7-48) | |
| Demo 7-11B Current Period Loss on Overall Profitable Contract (pg. 1.7-50) | |
| Review 7-11 Unprofitable Construction Project (pg. 1.7-51) | |
| Questions (pg. 1.7-51) | |
| Brief Exercises (pg. 1.7-52) | |
| Exercises (pg. 1.7-56) | |
| Problems (pg. 1.7-65) | |
| Accounting Decisions and Judgments (pg. 1.7-67) | |
| Appendix-Questions (pg. 1.7-70) | |
| Appendix-Brief Exercises (pg. 1.7-70) | |
| Appendix-Exercises (pg. 1.7-70) | |
| Appendix-Problems (pg. 1.7-72) | |
| Answers to Review Exercise (pg. 1.7-74) | |
| Chapter 8: Cash and Receivables (pg. 1.8-1) | |
| LO 8-1 Classify cash, cash equivalents, restricted cash, and compensating balances (pg. 1.8-3) | |
| Demo 8-1Reporting Cash, Cash Equivalents, and Other Current Assets (pg. 1.8-5) | |
| Review 8-1 Classification of Cash Related Items (pg. 1.8-6) | |
| LO 8-2 Account for sales and collections on account including the impact of cash discounts (pg. 1.8-6) | |
| Demo 8-2A Accounting for Sales and Collections under the Gross Method (pg. 1.8-8) | |
| Demo 8-2B Accounting for Sales and Collections under the Net Method (pg. 1.8-9) | |
| Review 8-2 Gross Method versus Net Method in Recording Cash Discounts (pg. 1.8-10) | |
| LO 8-3 Account for the impact of sales returns and allowances (pg. 1.8-11) | |
| Demo 8-3 Accounting for Sales Returns (pg. 1.8-11) | |
| Reveiw 8-3 Accounting for Sales Returns (pg. 1.8-12) | |
| LO 8-4 Measure and record accounts receivable at net realizable value using the allowance method (pg. 1.8-13) | |
| Allowance Method (pg. 1.8-13) | |
| Demo 8-4A Entries Under the Allowance Method (pg. 1.8-14) | |
| Estimating Accounts Receivable at Net Realizable Value (pg. 1.8-15) | |
| Demo 8-4B Adjusting Accounts Receivable to Net Realizable Value (pg. 1.8-17) | |
| Review 8-4 Measuring and Recording Receivables at Net Realizable Value (pg. 1.8-19) | |
| LO 8-5 Measure and record notes receivable (pg. 1.8-20) | |
| Present Value of Payments Equals the Fair Value of Note (pg. 1.8-21) | |
| Demo 8-5A Noncurrent Note Receivable [Stated Rate = 10%; Market Rate = 10%] (pg. 1.8-21) | |
| Demo 8-5B Noncurrent Note Receivable [Stated Rate = 3%; Market Rate = 10%] (pg. 1.8-22) | |
| Demo 8-5C Noncurrent Note Receivable [Stated Rate = 0%; Market Rate = 10%] (pg. 1.8-24) | |
| Demo 8-5D Noncurrent Note Receivable [Stated Rate = 8%; Market Rate = 6%] (pg. 1.8-25) | |
| Review 8-5 Measuring of Note Receivable and Interest (pg. 1.8-26) | |
| LO 8-6 Account for the sale of receivables and use as collateral for borrowing (pg. 1.8-27) | |
| Using Accounts Receivable as Collateral for Borrowing (pg. 1.8-27) | |
| Demo 8-6A Using Receivables as Collateral for Borrowing (pg. 1.8-28) | |
| Sale of Accounts Receivable without Recourse (pg. 1.8-29) | |
| Demo 8-6B Sale of Receivables Without Recourse (pg. 1.8-29) | |
| Sale of Accounts Receivable with Recourse (pg. 1.8-30) | |
| Demo 8-6C Sale of Receivables With Recourse (pg. 1.8-30) | |
| Discounting a Note Receivable (pg. 1.8-31) | |
| Demo 8-6D Discounting a Note Receivable (pg. 1.8-31) | |
| Review 8-6 Secured Borrowings and Sale of Receivables (pg. 1.8-32) | |
| LO 8-7 Describe receivable disclosures and ratio analyses (pg. 1.8-32) | |
| Receivable Disclosures (pg. 1.8-32) | |
| Accounts Receivable Ratios (pg. 1.8-34) | |
| Demo 8-7 Accounts Receivable Ratios (pg. 1.8-34) | |
| Review 8-7 Accounts Receivable Ratio Analyses (pg. 1.8-35) | |
| Management Judgment (pg. 1.8-35) | |
| Accounting for Receivables (pg. 1.8-35) | |
| Guidance for Management Judgment (pg. 1.8-35) | |
| APPENDIX 8A Apply cash controls (pg. 1.8-36) | |
| Cash Reconciliations (pg. 1.8-36) | |
| Demo 8-8A Cash Reconciliations (pg. 1.8-37) | |
| Bank Reconciliation (pg. 1.8-38) | |
| Demo 8-8B Bank Reconciliation (pg. 1.8-38) | |
| Review 8-8 Cash Controls (pg. 1.8-41) | |
| APPENDIX 8B Account for impairment of noncurrent receivables (pg. 1.8-42) | |
| Demo 8-9 Recording Impairment of a Note Receivable (pg. 1.8-42) | |
| Review 8-9 Impairment of a Note Receivable (pg. 1.8-44) | |
| Questions (pg. 1.8-44) | |
| Brief Exercises (pg. 1.8-45) | |
| Exercises (pg. 1.8-46) | |
| Problems (pg. 1.8-53) | |
| Accounting Decisions and Judgments (pg. 1.8-59) | |
| Appendix-Questions (pg. 1.8-64) | |
| Appendix-Brief Exercises (pg. 1.8-64) | |
| Appendix-Exercises (pg. 1.8-65) | |
| Appendix-Problems (pg. 1.8-67) | |
| Answers to Review Exercises (pg. 1.8-70) | |
| Chapter 9: Inventory: Measurement (pg. 1.9-1) | |
| LO 9-1 Determine the physical items included in ending inventory (pg. 1.9-3) | |
| Recognition of Inventory (pg. 1.9-3) | |
| Initial Measurement of Inventory (pg. 1.9-4) | |
| Demo 9-1 Recognition and Measurement of Inventory (pg. 1.9-5) | |
| Review 9-1 Measurement of Ending Inventory (pg. 1.9-6) | |
| LO 9-2 Demonstrate accounting in a periodic inventory system (pg. 1.9-6) | |
| Cost Flow in a Periodic System (pg. 1.9-7) | |
| Accounting for Purchase Discounts in a Periodic System (pg. 1.9-7) | |
| Demo 9-2A Periodic Inventory System-Gross Method (pg. 1.9-7) | |
| Demo 9-2B Periodic Inventory System—Net Method (pg. 1.9-9) | |
| Review 9-2 Periodic Inventory System (pg. 1.9-9) | |
| LO 9-3 Demonstrate specific identification, average cost, FIFO, and LIFO in a periodic inventory sy (pg. 1.9-9) | |
| Inventory Cost-Flow Assumptions in a Periodic Inventory System (pg. 1.9-10) | |
| Demo 9-3A Specific Identification—Periodic Inventory System (pg. 1.9-11) | |
| Demo 9-3B Average Cost-Periodic Inventory System (pg. 1.9-12) | |
| Demo 9-3C FIFO—Periodic Inventory System (pg. 1.9-13) | |
| Demo 9-3D LIFO-Periodic Inventory System (pg. 1.9-13) | |
| Comparing Inventory Methods (pg. 1.9-14) | |
| Review 9-3 Inventory Methods under the Periodic Inventory System (pg. 1.9-15) | |
| LO 9-4 Demonstrate accounting in a perpetual inventory system (pg. 1.9-15) | |
| Cost Flow in a Perpetual System (pg. 1.9-15) | |
| Accounting for Purchase Discounts in a Perpetual System (pg. 1.9-16) | |
| Demo 9-4A Perpetual Inventory System—Gross Method (pg. 1.9-16) | |
| Demo 9-4B Perpetual Inventory System—Net Method (pg. 1.9-17) | |
| Review 9-4 Perpetual Inventory System (pg. 1.9-18) | |
| LO 9-5 Demonstrate moving average, FIFO, and LIFO in a Perpetual inventory system (pg. 1.9-18) | |
| Demo 9-5A Moving Average-Perpetual Inventory System (pg. 1.9-18) | |
| Demo 9-5B FIFO—Perpetual Inventory System (pg. 1.9-19) | |
| Demo 9-5C LIFO—Perpetual Inventory System (pg. 1.9-20) | |
| Review 9-5 Inventory Methods under a Perpetual Inventory System (pg. 1.9-21) | |
| LO 9-6 Explain and compute a LIFO reserve (pg. 1.9-21) | |
| Demo 9-6 LIFO Reserve (pg. 1.9-22) | |
| Review 9-6 LIFO Reserve (pg. 1.9-22) | |
| LO 9-7 Describe and compute the effect of LIFO liquidation (pg. 1.9-23) | |
| Demo 9-7 Computation of LIFO Liquidation (pg. 1.9-24) | |
| Review 9-7 LIFO Liquidation (pg. 1.9-24) | |
| LO 9-8 Apply the dollar-value LIFO method (pg. 1.9-25) | |
| Step One: Restate Ending Inventory at Base Year Dollars (pg. 1.9-25) | |
| Step Two: Arrange Restated Inventory Balance into Layers (pg. 1.9-25) | |
| Step Three: Match Layers to the Appropriate Price Indices (pg. 1.9-26) | |
| Step Four: Restate Layers of Inventory into Current Year Dollars (pg. 1.9-26) | |
| Demo 9-8 Dollar-Value LIFO Method (pg. 1.9-26) | |
| Review 9-8 Dollar-Value LIFO Method (pg. 1.9-27) | |
| LO 9-9 Perform inventory ratio analysis and interpretation (pg. 1.9-28) | |
| Inventory Ratios (pg. 1.9-28) | |
| Demo 9-9 Inventory Ratio Analysis and Interpretation (pg. 1.9-28) | |
| Review 9-9 Inventory Ratio Analysis (pg. 1.9-29) | |
| Management Judgment (pg. 1.9-29) | |
| Management Choice of Inventory Method (pg. 1.9-30) | |
| Management Decisions in Measuring Inventory (pg. 1.9-30) | |
| Questions (pg. 1.9-31) | |
| Brief Exercises (pg. 1.9-32) | |
| Exercises (pg. 1.9-34) | |
| Problems (pg. 1.9-42) | |
| Accounting Decisions and Judgments (pg. 1.9-48) | |
| Answers to Review Exercises (pg. 1.9-53) | |
| Chapter 10: Inventory: Additional Issues (pg. 1.10-1) | |
| LO 10-1 Apply lower-of-cost-or-net realizable value rule to inventory (pg. 1.10-3) | |
| Lower-of-Cost-or-Net Realizable Value Rule (pg. 1.10-3) | |
| Demo 10-1 Application of Lower-of-Cost-or-Net Realizable Value Rule (pg. 1.10-5) | |
| Review 10-1 Application of Lower-of-Cost-or-Net Realizable Value Rule (pg. 1.10-7) | |
| LO 10-2 Apply lower-of-cost-or-market rule to inventory (pg. 1.10-7) | |
| Inconsistency in Applying the Inventory Adjustment Rules (pg. 1.10-8) | |
| Demo 10-2 Application of Lower-of-Cost-or-Market Rule (pg. 1.10-8) | |
| Review 10-2 Application of Lower-of-Cost-or-Market Rule (pg. 1.10-10) | |
| LO 10-3 Demonstrate the relative sales value method to allocate costs to inventory (pg. 1.10-10) | |
| Demo 10-3 Relative Sales Value Method (pg. 1.10-10) | |
| Review 10-3 Relative Sales Value Method (pg. 1.10-11) | |
| LO 10-4 Demonstrate the gross profit method to estimate inventory (pg. 1.10-11) | |
| Applying the Gross Profit Method (pg. 1.10-12) | |
| Gross Profit Method-Uses and Limitations (pg. 1.10-12) | |
| Demo 10-4 Estimate Inventory Using Gross Profit Method (pg. 1.10-13) | |
| Review 10-4 Gross Profit Method (pg. 1.10-13) | |
| LO 10-5 Demonstrate accounting for purchase commitments (pg. 1.10-13) | |
| Demo 10-5 Purchase Commitment (pg. 1.10-14) | |
| Review 10-5 Purchase Commitment (pg. 1.10-15) | |
| LO 10-6 Describe accounting treatment for changes in inventory methods (pg. 1.10-15) | |
| Demo 10-6A Change in Inventory Method-Retrospective Approach (pg. 1.10-17) | |
| Demo 10-6B Change in Inventory Method—Prospective Approach (pg. 1.10-19) | |
| Review 10-6 Change in Inventory Method (pg. 1.10-19) | |
| LO 10-7 Describe accounting treatment of inventory errors (pg. 1.10-20) | |
| Demo 10-7 Inventory Errors (pg. 1.10-21) | |
| Review 10-7 Inventory Errors (pg. 1.10-22) | |
| LO 10-8 Estimate ending inventory using the average cost and conventional retail methods (pg. 1.10-23) | |
| Average Cost and Conventional Retail Inventory Methods (pg. 1.10-23) | |
| Demo 10-8A Retail Inventory Method-Average Cost Method (pg. 1.10-24) | |
| Demo 10-8B Retail Inventory Method-Conventional Method (pg. 1.10-25) | |
| Complicating Factors for Retail Inventory Method (pg. 1.10-26) | |
| Demo 10-8C Retail Inventory Method-Conventional Method with Complicating Items (pg. 1.10-26) | |
| Review 10-8 Retail Inventory Method-Conventional Metho (pg. 1.10-27) | |
| Management Judgment (pg. 1.10-28) | |
| Lower-of-Cost-or-Net Realizable Rule and the Lower-of-Cost-or-Market Rule (pg. 1.10-28) | |
| Retail Inventory Method (pg. 1.10-28) | |
| Purchase Commitments (pg. 1.10-28) | |
| Gross Profit Method (pg. 1.10-28) | |
| APPENDIX 10A Estimate ending inventory using LIFO retail and dollar-value LIFO retail methods (pg. 1.10-29) | |
| LIFO Retail Method (pg. 1.10-29) | |
| Demo 10-9A LIFO Retail Method (pg. 1.10-29) | |
| Demo 10-9B Dollar-Value LIFO Method (pg. 1.10-30) | |
| Review 10-9 LO10-9 LIFO Retail and Dollar Value LIFO Retail Methods (pg. 1.10-33) | |
| Questions (pg. 1.10-33) | |
| Brief Exercises (pg. 1.10-34) | |
| Exercises (pg. 1.10-37) | |
| Problems (pg. 1.10-45) | |
| Accounting Decisions and Judgments (pg. 1.10-51) | |
| Appendix-Questions (pg. 1.10-53) | |
| Appendix-Brief Exercises (pg. 1.10-53) | |
| Appendix-Exercises (pg. 1.10-54) | |
| Appendix-Problems (pg. 1.10-55) | |
| Answers to Review Exercises (pg. 1.10-56) | |
| Chapter 11: Property, Plant, and Equipment: Acquisition and Disposition (pg. 1.11-1) | |
| LO 11-1 Determine costs to capitalize for land, land improvements, equipment, buildings, and constr (pg. 1.11-3) | |
| Categories of Fixed Assets (pg. 1.11-3) | |
| Demo 11-1A Acquisition Costs Classified as Property, Plant, & Equipment (pg. 1.11-5) | |
| Self-Constructed Assets (pg. 1.11-6) | |
| Demo 11-1B Self-Constructed Assets (pg. 1.11-6) | |
| Review 11-1 Property, Plant, and Equipment Cost Classification (pg. 1.11-7) | |
| LO 11-2 Determine costs to capitalize for lump-sum purchases of property, plant, and equipment (pg. 1.11-7) | |
| Demo 11-2 Lump-Sum Purchase (pg. 1.11-8) | |
| Review 11-2 Lump-Sum Purchase (pg. 1.11-9) | |
| LO 11-3 Account for acquisition of property, plant, and equipment through debt and equity issuances (pg. 1.11-9) | |
| Acquisition of Property, Plant, and Equipment Using Debt (pg. 1.11-9) | |
| Demo 11-3A Acquisition of Equipment Using a Note Payable (pg. 1.11-9) | |
| Acquisition of Property, Plant, and Equipment Using Equity (pg. 1.11-11) | |
| Demo 11-3B Acquisition of Equipment Using Common Stock (pg. 1.11-11) | |
| Review 11-3 Acquisition of Property, Plant, and Equipment Using Debt and Equity (pg. 1.11-11) | |
| LO 11-4 Account for acquisition of property, plant, and equipment through donation (pg. 1.11-12) | |
| Demo 11-4 Acquisition of a Building through Donation (pg. 1.11-12) | |
| Review 11-4 Equipment Acquired through Donation (pg. 1.11-12) | |
| LO 11-5 Calculate capitalized interest (pg. 1.11-13) | |
| Calculation of Capitalized Interest (pg. 1.11-13) | |
| Demo 11-5 Interest Capitalization (pg. 1.11-15) | |
| Review 11-5 Interest Capitalization (pg. 1.11-17) | |
| LO 11-6 Account for asset retirement obligations (pg. 1.11-18) | |
| Demo 11-6 Asset Retirement Obligation (pg. 1.11-19) | |
| Review 11-6 Asset Retirement Obligation (pg. 1.11-20) | |
| LO 11-7 Account for property, plant, and equipment related costs after acquisition (pg. 1.11-20) | |
| Management Judgment (pg. 1.11-21) | |
| Capitalizing Fixed Assets (pg. 1.11-21) | |
| Demo 11-7 Subsequent Acquisition Costs (pg. 1.11-22) | |
| Review 11-7 Subsequent Acquisition Costs (pg. 1.11-23) | |
| LO 11-8 Account for disposal of property, plant, and equipment (pg. 1.11-23) | |
| Demo 11-8 Disposal of Property, Plant, and Equipment (pg. 1.11-23) | |
| Review 11-8 Disposal of Property, Plant, and Equipment (pg. 1.11-24) | |
| LO 11-9 Account for exchange of property, plant, and equipment (pg. 1.11-25) | |
| Demo 11-9A Exchange of Equipment-Full Gain and Loss Recognized (pg. 1.11-25) | |
| Demo 11-9B Exchange of Equipment-Partial or No Gain Recognized (pg. 1.11-27) | |
| Review 11-9 Exchange of Assets (pg. 1.11-28) | |
| Questions (pg. 1.11-28) | |
| Brief Exercises (pg. 1.11-29) | |
| Exercises (pg. 1.11-31) | |
| Problems (pg. 1.11-38) | |
| Accounting Decisions and Judgments (pg. 1.11-44) | |
| Answers to Review Exercises (pg. 1.11-47) | |
| Chapter 12: Depreciation, Impairments, and Depletion (pg. 1.12-1) | |
| LO 12-1 Calculate depreciation using straight-line, sum-of-the-years’-digits, declining-balance, an (pg. 1.12-3) | |
| Calculation of Depreciation Expense (pg. 1.12-4) | |
| Demo 12-1A Straight-Line Depreciation Method (pg. 1.12-4) | |
| Demo 12-1B Sum-of-the-Years’-Digits Depreciation Method (pg. 1.12-6) | |
| Demo 12-1C Double-Declining-Balance Depreciation Method (pg. 1.12-7) | |
| Demo 12-1D Units-of-Production Depreciation Method (pg. 1.12-9) | |
| Comparison of Depreciation Methods (pg. 1.12-9) | |
| Review 12-1 Depreciation Methods (pg. 1.12-11) | |
| LO 12-2 Account for depreciation in partial periods (pg. 1.12-11) | |
| Demo 12-2A Depreciation Prorated for Partial Period (pg. 1.12-12) | |
| Demo 12-2B Policy Convention Applied to Partial Period (pg. 1.12-13) | |
| Review 12-2 Partial Period Depreciation (pg. 1.12-14) | |
| LO 12-3 Calculate depreciation using group and composite depreciation methods (pg. 1.12-15) | |
| Demo 12-3 Composite Depreciation Method (pg. 1.12-16) | |
| Review 12-3 Composite Depreciation Method (pg. 1.12-17) | |
| LO 12-4 Account for changes in estimate as they relate to depreciation (pg. 1.12-17) | |
| Demo 12-4 Change in Accounting Estimate (pg. 1.12-18) | |
| Review 12-4 Change in Accounting Estimate (pg. 1.12-18) | |
| LO 12-5 Account for changes in depreciation methods (pg. 1.12-19) | |
| Demo 12-5 Change in Depreciation Method (pg. 1.12-19) | |
| Review 12-5 Change in Depreciation Method (pg. 1.12-20) | |
| LO 12-6 Account for errors in reporting property, plant, and equipment (pg. 1.12-20) | |
| Demo 12-6 Correction of Error (pg. 1.12-21) | |
| Review 12-6 Correction of Depreciation Error (pg. 1.12-21) | |
| LO 12-7 Account for impairments of property, plant, and equipment (pg. 1.12-21) | |
| Identification of Asset Impairment (pg. 1.12-21) | |
| Demo 12-7 Impairment of Fixed Assets (pg. 1.12-23) | |
| Review 12-7 Impairment of Fixed Assets (pg. 1.12-24) | |
| LO 12-8 Account for assets held for sale (pg. 1.12-24) | |
| Management Judgment (pg. 1.12-25) | |
| Grouping Assets for Impairment Testing (pg. 1.12-25) | |
| Applying Impairment Testing (pg. 1.12-26) | |
| Management Judgment Highlighted in Financial Reporting (pg. 1.12-26) | |
| Demo 12-8 Asset Held for Sale (pg. 1.12-26) | |
| Review 12-8 Assets Held for Sale (pg. 1.12-27) | |
| LO 12-9 Describe property, plant, and equipment disclosures and ratio analyses (pg. 1.12-28) | |
| Disclosures (pg. 1.12-28) | |
| Ratio Analysis (pg. 1.12-28) | |
| Relation between Depreciation Method and Return on Assets (pg. 1.12-28) | |
| Demo 12-9 Ratio Analysis (pg. 1.12-29) | |
| Review 12-9 Ratio Analysis (pg. 1.12-30) | |
| LO 12-10 Record acquisition and depletion of natural resources (pg. 1.12-30) | |
| Demo 12-10A Natural Resource Acquisition, Depletion, Sale (pg. 1.12-31) | |
| Demo 12-10B Depletion of Exploration Costs in Oil and Gas (pg. 1.12-33) | |
| Reveiw 12-10 Accounting for Natural Resources (pg. 1.12-34) | |
| APPENDIX 12A Calculate MACRS (tax) depreciation (pg. 1.12-34) | |
| Demo 12-11 MACRS Depreciation Calculation (pg. 1.12-35) | |
| Review 12-11 MACRS Depreciation (pg. 1.12-35) | |
| Questions (pg. 1.12-35) | |
| Brief Exercises (pg. 1.12-36) | |
| Exercises (pg. 1.12-38) | |
| Problems (pg. 1.12-47) | |
| Accounting Decisions and Judgments (pg. 1.12-54) | |
| Appendix-Questions (pg. 1.12-57) | |
| Appendix-Brief Exercises (pg. 1.12-57) | |
| Appendix-Exercises (pg. 1.12-58) | |
| Appendix-Problem (pg. 1.12-58) | |
| Answers to Review Exercises (pg. 1.12-58) | |
| Chapter 13: Intangible Assets and Goodwill (pg. 1.13-1) | |
| LO13-1 Identify and classify intangible items (pg. 1.13-3) | |
| Identification of Assets: Intangible Assets and Goodwill (pg. 1.13-3) | |
| Recognition of Expenses: Internally Generated Intangible Assets and Goodwill (pg. 1.13-5) | |
| Demo 13-1 Classification of Intangible Items (pg. 1.13-6) | |
| Review 13-1 Classification of Intangible Items (pg. 1.13-7) | |
| LO13-2 Determine the initial and subsequent measurements of intangible assets (pg. 1.13-8) | |
| Initial Measurement of Intangible Assets (pg. 1.13-8) | |
| Subsequent Measurement of Finite Life Intangible Assets (pg. 1.13-8) | |
| Demo 13-2 Initial and Subsequent Measurement of Intangible Asset (pg. 1.13-9) | |
| Review 13-2 Subsequent Measurement of Intangible Assets (pg. 1.13-10) | |
| LO13-3 Record goodwill resulting from an acquisition (pg. 1.13-11) | |
| Demo 13-3 Recording of Goodwill (pg. 1.13-12) | |
| Review 13-3 Recording of Goodwill (pg. 1.13-14) | |
| LO13-4 Account for impairment and derecognition of intangibles (pg. 1.13-15) | |
| Impairment of Finite Life Intangible Assets (pg. 1.13-15) | |
| Demo 13-4A Impairment of Finite Life Intangible Asset—Patent (pg. 1.13-16) | |
| Impairment of Indefinite Life Intangible Assets (pg. 1.13-16) | |
| Demo 13-4B Impairment of Finite Life Intangible Asset—Patent (pg. 1.13-17) | |
| Impairment of Goodwill (pg. 1.13-18) | |
| Demo 13-4C Impairment of Goodwill (pg. 1.13-19) | |
| Derecognition of Intangible Assets (pg. 1.13-19) | |
| Demo 13-4D Derecognition of Intangible Asset—Patent (pg. 1.13-20) | |
| Review 13-4 Impairment and Derecognition of Intangibles (pg. 1.13-20) | |
| LO13-5 Account for changes in estimates with intangible assets (pg. 1.13-21) | |
| Demo 13-5 Change in Estimate—Intangible Asset (pg. 1.13-21) | |
| Review 13-5 Change in Estimate-Patent (pg. 1.13-21) | |
| LO13-6 Account for research and development costs (pg. 1.13-22) | |
| Identifying Research and Development Expense (pg. 1.13-23) | |
| Demo 13-6A Identification of Research and Development Expense (pg. 1.13-23) | |
| Accounting for Software Research and Development Costs (pg. 1.13-24) | |
| Demo 13-6B Accounting for Software Research and Development Costs (pg. 1.13-25) | |
| Review 13-6 Research and Development Costs (pg. 1.13-26) | |
| Management Judgment (pg. 1.13-27) | |
| Identification of Intangibles in a Business Combination (pg. 1.13-27) | |
| Useful Life (pg. 1.13-27) | |
| Impairment Testing (pg. 1.13-27) | |
| Identification of Research and Development Costs (pg. 1.13-28) | |
| Software Development (pg. 1.13-28) | |
| Questions (pg. 1.13-28) | |
| Brief Exercises (pg. 1.13-28) | |
| Exercises (pg. 1.13-31) | |
| Problems (pg. 1.13-36) | |
| Accounting Decisions and Judgments (pg. 1.13-40) | |
| Answers to Review Exercises (pg. 1.13-43) | |
| Chapter 15: Current Liabilities and Contingencies (pg. 1.15-1) | |
| LO15-1 Record accounts payable and sales taxes payable (pg. 1.15-3) | |
| Accounts Payable (pg. 1.15-3) | |
| Demo 15-1A Accounting for Accounts Payable (pg. 1.15-4) | |
| Sales Taxes Payable (pg. 1.15-5) | |
| Demo 15-1B Accounting for Sales Taxes Payable (pg. 1.15-5) | |
| Review 15-1 Recording Accounts Payable and Sales Taxes Payable (pg. 1.15-6) | |
| LO15-2 Record customer deposits and advances (pg. 1.15-6) | |
| Customer Returnable Deposits (pg. 1.15-7) | |
| Demo 15-2A Accounting for Returnable Deposits (pg. 1.15-7) | |
| Customer Advance Payments (pg. 1.15-8) | |
| Demo 15-2B Accounting for Deferred Revenue (pg. 1.15-8) | |
| Demo 15-2C Accounting for Gift Cards (pg. 1.15-9) | |
| Review 15-2 Recording Customer Deposits and Advances (pg. 1.15-11) | |
| LO15-3 Measure and record employee payroll withholdings, employer payroll taxes, employee compensat (pg. 1.15-11) | |
| Withholdings from Wages of Employees (pg. 1.15-11) | |
| Demo 15-3A Recording Employee Payroll Withholdings (pg. 1.15-12) | |
| Accrual for Payroll Taxes (pg. 1.15-12) | |
| Demo 15-3B Recording Employer Payroll Taxes (pg. 1.15-12) | |
| Accrual for Compensated Absences (pg. 1.15-13) | |
| Demo 15-3C Recording Compensated Absences (pg. 1.15-13) | |
| Bonus Accrual (pg. 1.15-14) | |
| Demo 15-3D Recording Bonus Accruals (pg. 1.15-14) | |
| Review 15-3 Recording Payroll Withholding and Taxes, Compensated Absences, and Bonuses (pg. 1.15-15) | |
| LO15-4 Account for short-term debt and classify debt on the balance sheet (pg. 1.15-15) | |
| Short-Term Notes Payable-Interest-Bearing (pg. 1.15-17) | |
| Demo 15-4A Short-Term Note Payable-Interest-Bearing (pg. 1.15-17) | |
| Short-Term Notes Payable-Issued at a Discount (pg. 1.15-18) | |
| Demo 15-4B Short-Term Note Payable-Issued at a Discount (pg. 1.15-18) | |
| Balance Sheet Classification of Debt (pg. 1.15-19) | |
| Demo 15-4C Balance Sheet Classification of Debt (pg. 1.15-20) | |
| Review 15-4 Accounting for and Reporting Debt (pg. 1.15-21) | |
| LO15-5 Describe accounting for subsequent events and contingencies including litigation, warranties, (pg. 1.15-23) | |
| Loss Contingencies (pg. 1.15-23) | |
| Demo 15-5A Accounting for Litigation Loss Contingencies (pg. 1.15-25) | |
| Financial Reporting of Subsequent Events (pg. 1.15-26) | |
| Demo 15-5B Accounting for Subsequent Events (pg. 1.15-28) | |
| A Deeper Look at Certain Loss Contingencies (pg. 1.15-29) | |
| Demo 15-5C Accounting for Warranty Loss Contingencies (pg. 1.15-31) | |
| Demo 15-5D Accounting for a Gain Contingency (pg. 1.15-33) | |
| Review 15-5 Reporting of Contingencies and Subsequent Events (pg. 1.15-33) | |
| LO15-6 Explain liability and contingency disclosures and analyses using liquidity ratios (pg. 1.15-34) | |
| Disclosure of Current Liabilities and Contingencies (pg. 1.15-35) | |
| Liquidity Ratios (pg. 1.15-37) | |
| Demo 15-6 Liquidity Ratios (pg. 1.15-38) | |
| Review 15-6 Calculating Liquidity Ratios (pg. 1.15-39) | |
| Questions (pg. 1.15-39) | |
| Brief Exercises (pg. 1.15-40) | |
| Exercises (pg. 1.15-43) | |
| Problems (pg. 1.15-50) | |
| Accounting Decisions and Judgments (pg. 1.15-55) | |
| Answers to Review Exercises (pg. 1.15-58) | |
| Chapter 16: Long-Term Liabilities (pg. 1.16-1) | |
| LO 16-1 Identify types and features of bonds (pg. 1.16-3) | |
| Bond Types (pg. 1.16-4) | |
| Demo 16-1A Bond Types (pg. 1.16-4) | |
| Bond Features (pg. 1.16-4) | |
| Demo 16-1B Bond Features (pg. 1.16-5) | |
| Review 16-1 Bond Types and Features (pg. 1.16-6) | |
| LO 16-2 Measure and record bonds at issuance (pg. 1.16-6) | |
| Bond Selling Price at Issuance (pg. 1.16-6) | |
| Demo 16-2 Determining Selling Price of Bonds at Issuance (pg. 1.16-7) | |
| Review 16-2 Pricing Issuance of Bonds (pg. 1.16-10) | |
| LO 16-3 Account for bonds issued at face value (pg. 1.16-10) | |
| Demo 16-3 Account for Bonds Issued at Face Value (pg. 1.16-10) | |
| Review 16-3 Account for Bonds Issued at Face value (pg. 1.16-11) | |
| LO 16-4 Account for bonds issued at a discount (pg. 1.16-11) | |
| Demo 16-4A Account for Bonds Issued at a Discount [Effective-Interest Method] (pg. 1.16-12) | |
| Demo 16-4B Account for Bonds Issued at a Discount [Straight-line Amortization] (pg. 1.16-14) | |
| Demo 16-4C Debt Issuance Costs (pg. 1.16-16) | |
| Review 16-4 Account for Bonds Issued at a Discount (pg. 1.16-17) | |
| LO 16-5 Account for bonds issued at a premium (pg. 1.16-17) | |
| Demo 16-5A Account for Bonds Issued at a Premium [Effective-Interest Method] (pg. 1.16-18) | |
| Demo 16-5B Account for Bonds Issued at a Premium [Straight-line Amortization] (pg. 1.16-20) | |
| Review 16-5 Account for Bonds Issued at a Premium (pg. 1.16-21) | |
| LO 16-6 Measure and record notes at issuance and after issuance (pg. 1.16-21) | |
| Notes Payable Issued for Cash (pg. 1.16-22) | |
| Demo 16-6A Note Payable Issued for Cash (pg. 1.16-22) | |
| Notes Payable Issued for Non-Cash Consideration [Property, Goods, or Services] (pg. 1.16-25) | |
| Demo 16-6B Note Payable Issued for Non-Cash Consideration (pg. 1.16-25) | |
| Review 16-6 Accounting for Notes Payable (pg. 1.16-29) | |
| LO 16-7 Account for extinguishment of debt (pg. 1.16-29) | |
| Early Debt Extinguishment (pg. 1.16-29) | |
| Accounting for Early Debt Extinguishment (pg. 1.16-30) | |
| Demo 16-7 Account for extinguishment of debt (pg. 1.16-30) | |
| Review 16-7 Accounting for Extinguishment of Debt (pg. 1.16-31) | |
| LO 16-8 Account for conversion of debt into equity (pg. 1.16-32) | |
| Accounting for Convertible Debt (pg. 1.16-32) | |
| Demo 16-8 Accounting for Convertible Debt (pg. 1.16-33) | |
| Review 16-8 Accounting for Conversion of Debt (pg. 1.16-34) | |
| LO 16-9 Account for bonds with warrants (pg. 1.16-34) | |
| Demo 16-9 Accounting for Bonds with Warrants (pg. 1.16-35) | |
| Review 16-9 Accounting for Debt with Stock Warrants (pg. 1.16-37) | |
| LO 16-10 Apply the fair value option for liabilities (pg. 1.16-37) | |
| Demo 16-10 Fair Value Option Accounting for Liabilities (pg. 1.16-39) | |
| Review 16-10 Accounting for Debt Using the Fair Value Option (pg. 1.16-39) | |
| LO 16-11 Describe financing disclosures and analyses using leverage ratios (pg. 1.16-40) | |
| Debt Disclosures with Financial Statements (pg. 1.16-40) | |
| Demo 16-11A Disclosure of Five-Year Debt Maturities (pg. 1.16-41) | |
| Financial Leverage Ratios (pg. 1.16-42) | |
| Demo 16-11B Calculating Leverage Ratios (pg. 1.16-42) | |
| Review 16-11 Calculating Leverage Ratio (pg. 1.16-43) | |
| Management Judgment (pg. 1.16-43) | |
| APPENDIX 16A Account for debt settlement and debt restructuring (pg. 1.16-43) | |
| Troubled Debt Restructure-Debtor (pg. 1.16-44) | |
| Demo 16-12A Debt Restructuring and Debt Settlement—DEBTOR Perspective (pg. 1.16-45) | |
| Troubled Debt Restructure-Creditor (pg. 1.16-47) | |
| Demo 16-12B Debt Restructuring and Debt Settlement—CREDITOR Perspective (pg. 1.16-48) | |
| Review 16-12 Accounting for Debt Settlement and Debt Restructuring (pg. 1.16-49) | |
| Questions (pg. 1.16-49) | |
| Brief Exercises (pg. 1.16-50) | |
| Exercises (pg. 1.16-53) | |
| Problems (pg. 1.16-60) | |
| Accounting Decisions and Judgments (pg. 1.16-64) | |
| Appendix-Questions (pg. 1.16-71) | |
| Appendix-Brief Exercises (pg. 1.16-71) | |
| Appendix-Exercises (pg. 1.16-71) | |
| Appendix-Problems (pg. 1.16-72) | |
| Answers to Review Exercises (pg. 1.16-72) | |
| Chapter 20: Stockholders’ Equity (pg. 1.20-1) | |
| LO 20-1 Describe and report stockholders’ equity key components (pg. 1.20-3) | |
| Key Components of Stockholders’ Equity (pg. 1.20-3) | |
| Demo 20-1 Stockholders’ Equity Key Components (pg. 1.20-6) | |
| Review 20-1 Components of Stockholders’ Equity (pg. 1.20-6) | |
| LO 20-2 Account for common stock issuance including par and no-par, cash and noncash, and issue cos (pg. 1.20-8) | |
| Par Value Common Stock (pg. 1.20-8) | |
| Demo 20-2A Par Value Stock Issuance (pg. 1.20-9) | |
| No-Par and Stated Value Common Stock (pg. 1.20-9) | |
| Demo 20-2B No-Par Common Stock Issuance (pg. 1.20-9) | |
| Common Stock Issued for Noncash Consideration (pg. 1.20-10) | |
| Demo 20-2C Common Stock Issuance for Noncash Consideration (pg. 1.20-10) | |
| Multiple Securities Issuance (pg. 1.20-10) | |
| Demo 20-2D Multiple Securities Issuance (pg. 1.20-10) | |
| Stock Issue Costs (pg. 1.20-11) | |
| Demo 20-2E Common Stock Issue Costs (pg. 1.20-12) | |
| Review 20-2 Accounting for Common Stock Issuance (pg. 1.20-12) | |
| LO 20-3 Account for reacquisition of common stock (pg. 1.20-12) | |
| Treasury Stock (pg. 1.20-13) | |
| Demo 20-3A Reacquisition of Common Stock—Treasury Stock (pg. 1.20-14) | |
| Direct Retirement of Stock (pg. 1.20-15) | |
| Demo 20-3B Reacquisition of Common Stock—Direct Retirement (pg. 1.20-15) | |
| Review 20-3 Reacquisition of Common Stock (pg. 1.20-16) | |
| LO 20-4 Describe and account for preferred stock (pg. 1.20-16) | |
| Initial Recognition of Preferred Stock (pg. 1.20-16) | |
| Subsequent Recognition of Preferred Stock (pg. 1.20-17) | |
| Demo 20-4 Accounting for Preferred Stock (pg. 1.20-18) | |
| Review 20-4 Accounting for Preferred Stock (pg. 1.20-19) | |
| LO 20-5 Record dividend distributions, including cash, property, and liquidating (pg. 1.20-19) | |
| Cash Dividends (pg. 1.20-19) | |
| Demo 20-5A Cash Dividend Distributions (pg. 1.20-20) | |
| Property Dividends (pg. 1.20-22) | |
| Demo 20-5B Property Dividend Distributions (pg. 1.20-22) | |
| Liquidating Dividends (pg. 1.20-22) | |
| Demo 20-5C Liquidating Dividend Distributions (pg. 1.20-23) | |
| Review 20-5 Recording Dividend Distributions (pg. 1.20-23) | |
| LO 20-6 Account for stock dividends and stock splits (pg. 1.20-24) | |
| Stock Dividends (pg. 1.20-24) | |
| Demo 20-6A Accounting for Small Stock Dividends (pg. 1.20-25) | |
| Management Judgment (pg. 1.20-26) | |
| Demo 20-6B Accounting for a Stock Split Effected in the Form of a Dividend (pg. 1.20-27) | |
| Stock Splits (pg. 1.20-27) | |
| Demo 20-6C Accounting for Stock Splits (pg. 1.20-28) | |
| Review 20-6 Account for Stock Dividends and Stock Splits (pg. 1.20-29) | |
| LO 20-7 Describe comprehensive income, its components, and how it is reported (pg. 1.20-29) | |
| Demo 20-7 Reporting of Comprehensive Income and Accumulated OCI (pg. 1.20-30) | |
| Review 20-7 Comprehensive Income and Accumulated OCI (pg. 1.20-31) | |
| LO 20-8 Explain stockholders’ equity disclosures and key analyses (pg. 1.20-32) | |
| Equity Disclosures (pg. 1.20-32) | |
| Equity Ratios (pg. 1.20-33) | |
| Demo 20-8 Equity Ratios (pg. 1.20-33) | |
| Review 20-8 Computing Equity Ratios (pg. 1.20-34) | |
| Questions (pg. 1.20-35) | |
| Brief Exercises (pg. 1.20-35) | |
| Exercises (pg. 1.20-38) | |
| Problems (pg. 1.20-47) | |
| Accounting Decisions and Judgments (pg. 1.20-52) | |
| Answers to Review Exercises (pg. 1.20-61) | |
| Chapter 21: Share-Based Compensation and Earnings per Share (pg. 1.21-1) | |
| LO21-1 Account for restricted stock plans (pg. 1.21-3) | |
| Restricted Stock SHARE Awards (pg. 1.21-3) | |
| Restricted Stock UNIT Awards (pg. 1.21-4) | |
| Demo 21-1A Accounting for Restricted Stock Shares (pg. 1.21-4) | |
| Demo 21-1B Accounting for Restricted Stock Units (pg. 1.21-5) | |
| Review 21-1 Accounting for Restricted Stock Plans (pg. 1.21-7) | |
| LO21-2 Account for stock options (pg. 1.21-8) | |
| Demo 21-2 Accounting for Restricted Stock Units (pg. 1.21-10) | |
| Review 21-2 Accounting for Stock Options (pg. 1.21-13) | |
| LO21-3 Account for employee share purchase plans (pg. 1.21-13) | |
| Demo 21-3 Accounting for Employee Share Purchase Plans (pg. 1.21-14) | |
| Review 21-3 Accounting for Employee Share Purchase Plans (pg. 1.21-15) | |
| LO21-4 Compute earnings per share (EPS) with a simple capital structure (pg. 1.21-15) | |
| Demo 21-4 Earning per Share Calculation—Simple Capital Structure (pg. 1.21-15) | |
| Review 21-4 Calculation of Basic EPS (pg. 1.21-16) | |
| LO21-5 Compute EPS given share issuances, buybacks, dividends, -and splits (pg. 1.21-16) | |
| Share Issuances and Buybacks (pg. 1.21-16) | |
| Stock Dividends and Stock Splits (pg. 1.21-16) | |
| Preferred Stock Dividends (pg. 1.21-17) | |
| Demo 21-5 EPS Calculations—Simple Capital Structure (pg. 1.21-17) | |
| Review 21-5 Calculation of Basic EPS (pg. 1.21-20) | |
| LO 21-6 Compute EPS using if-converted method for convertible securities (pg. 1.21-20) | |
| Convertible Bonds and Convertible Preferred Stock (pg. 1.21-21) | |
| Demo 21-6A EPS Calculations—Convertible Bonds (pg. 1.21-22) | |
| Demo 21-6B EPS Calculations—Convertible Preferred Stock (pg. 1.21-24) | |
| Review 21-6 Calculation of EPS-Convertible Bonds and Convertible Preferred Stock (pg. 1.21-25) | |
| LO21-7 Compute EPS using treasury stock method for options, warrants, and restricted stock (pg. 1.21-25) | |
| Stock Options and Warrants (pg. 1.21-25) | |
| Demo 21-7A EPS Calculations—Convertible Preferred Stock (pg. 1.21-26) | |
| Demo 21-7B EPS Calculations—Restricted Stock (pg. 1.21-28) | |
| Review 21-7 EPS Calculations-Options and Restricted Stock (pg. 1.21-29) | |
| LO21-8 Compute EPS using contingent methods (pg. 1.21-30) | |
| Demo 21-8 Compute EPS Given Contingently Issuable Shares (pg. 1.21-30) | |
| Review 21-8 Calculation of EPS Given Contingently Issuable Shares (pg. 1.21-31) | |
| LO21-9 Compute EPS given multiple securities and describe EPS financial statement presentation (pg. 1.21-31) | |
| Demo 21-9 Compute EPS Given Contingently Issuable Shares (pg. 1.21-31) | |
| Presentation and Disclosure of EPS (pg. 1.21-33) | |
| Review 21-9 Calculation of EPS—Multiple Securities (pg. 1.21-34) | |
| Management Judgment (pg. 1.21-35) | |
| Share-Based Compensation (pg. 1.21-35) | |
| EPS Calculations (pg. 1.21-35) | |
| APPENDIX 21A Describe accounting for stock appreciation rights (pg. 1.21-35) | |
| Recording SARs as Equity (pg. 1.21-36) | |
| Recording SARs as a Liability (pg. 1.21-36) | |
| Demo 21-10 Stock Appreciation Rights (pg. 1.21-36) | |
| Review 21-10 Accounting for Stock Appreciation Rights (pg. 1.21-38) | |
| Questions (pg. 1.21-38) | |
| Brief Exercises (pg. 1.21-39) | |
| Exercises (pg. 1.21-41) | |
| Problems (pg. 1.21-48) | |
| Accounting Decisions and Judgments (pg. 1.21-52) | |
| Appendix-Brief Exercises (pg. 1.21-57) | |
| Appendix-Problems (pg. 1.21-58) | |
| Answers to Review Exercise (pg. 1.21-59) | |
| Chapter 22: Statement of Cash Flows Revisited (pg. 1.22-1) | |
| LO22-1 Identify operating, investing, and financing activities, and the statement of cash flows for (pg. 1.22-3) | |
| Cash Flows from Operating Activities (pg. 1.22-3) | |
| Cash Flows from Investing Activities (pg. 1.22-4) | |
| Cash Flows from Financing Activities (pg. 1.22-5) | |
| Format of Statement of Cash Flows (pg. 1.22-5) | |
| Demo 22-1 Identify Operating, Investing, and Financing Activities (pg. 1.22-6) | |
| Review 22-1 Identify Operating, Investing, and Financing Activities (pg. 1.22-6) | |
| LO22-2 Prepare the operating activities cash flow section of the statement of cash flows using the i (pg. 1.22-7) | |
| Operating Activities Cash Flow Section-Indirect Method (pg. 1.22-7) | |
| Demo 22-2 Net Cash Flows from Operating Activities (pg. 1.22-9) | |
| Other Items Affecting Cash Flows from Operating Activities (pg. 1.22-12) | |
| Review 22-2 Prepare the Operating Activities Section (pg. 1.22-15) | |
| LO22-3 Prepare the investing activities section of the statement of cash flows (pg. 1.22-15) | |
| Demo 22-3 Net Cash Flows from Investing Activities (pg. 1.22-16) | |
| Other Item Affecting Cash Flows from Investing Activities (pg. 1.22-17) | |
| Review 22-3 Prepare the Investing Activities Section (pg. 1.22-17) | |
| LO22-4 Prepare the financing activities section of the statement of cash flows (pg. 1.22-17) | |
| Demo 22-4 Net Cash Flows from Financing Activities (pg. 1.22-18) | |
| Other Financing Activities (pg. 1.22-20) | |
| Review 22-4 Prepare the Financing Activities Section (pg. 1.22-22) | |
| LO22-5 Describe required disclosures including that for noncash transactions (pg. 1.22-22) | |
| Cash Flow Reporting (pg. 1.22-22) | |
| Noncash Transactions (pg. 1.22-23) | |
| Management Judgment (pg. 1.22-23) | |
| Classification of Cash Flows (pg. 1.22-23) | |
| Transactions Affecting Cash Flow Presentation (pg. 1.22-24) | |
| Demo 22-5 Disclosure of Noncash Transactions (pg. 1.22-24) | |
| Review 22-5 Disclosure of Noncash Transactions (pg. 1.22-25) | |
| LO22-6 Utilize a worksheet to prepare the statement of cash flows (pg. 1.22-26) | |
| Demo 22-6 Cash Flow Worksheet (pg. 1.22-26) | |
| Review 22-6 Preparing Cash Flow Worksheet Entries (pg. 1.22-29) | |
| LO22-7 Prepare the operating cash flow section of the statement of cash flows using the direct metho (pg. 1.22-29) | |
| Demo 22-7 Cash Flows from Operating Activities under Direct Method (pg. 1.22-30) | |
| Review 22-7 Cash Flows from Operating Activities Using the Direct Method (pg. 1.22-35) | |
| Appendix 22A LO22-8 Prepare a statement of cash flows using the cash T-Account approach (pg. 1.22-36) | |
| Demo 22-8 Cash T-Account Approach (pg. 1.22-36) | |
| Review 22-8 Cash T-Account Approach (pg. 1.22-38) | |
| Questions (pg. 1.22-38) | |
| Brief Exercises (pg. 1.22-39) | |
| Exercises (pg. 1.22-42) | |
| Problems (pg. 1.22-54) | |
| Accounting Decisions and Judgments (pg. 1.22-64) | |
| Appendix-Exercise (pg. 1.22-69) | |
| Appendix-Problem (pg. 1.22-69) | |
| Answers to Review Exercises (pg. 1.22-69) | |
Michelle L. Hanlon
Michelle L. Hanlon is the Howard W. Johnson Professor at the MIT Sloan School of Management. She earned her doctorate at the University of Washington.
Prior to joining MIT, she was a faculty member at the University of Michigan. Professor Hanlon has taught financial accounting to undergraduates, MBA students, executive MBA students, and Masters of Finance students. Professor Hanlon also teaches Taxes and Business Strategy to MBA students. She is the winner of the 2013 Jamieson Prize for Excellence in Teaching at MIT Sloan.
Professor Hanlon’s research focuses primarily on the intersection of taxation and financial accounting. Her recent work examines the capital market effects of the accounting for income tax, the reputational effects of corporate tax avoidance, and the economic consequences of U.S. international tax policies for multinational corporations. She has published research studies in the Journal of Accounting and Economics, the Journal of Accounting Research, The Accounting Review, the Review of Accounting Studies, the Journal of Finance, the Journal of Financial Economics, the Journal of Public Economics, and others. She has won several awards for her research and has presented her work at numerous universities and conferences. Professor Hanlon has served on several editorial boards and currently serves as an editor at the Journal of Accounting and Economics.
Professor Hanlon has testified in front of the U.S. Senate Committee on Finance and the U.S. House of Representatives Committee on Ways and Means about the interaction of financial accounting and tax policy. She served as a U.S. delegate to the American-Swiss Young Leaders Conference in 2010 and worked as an Academic Fellow at the U.S. House Ways and Means Committee in 2015.
| Intermediate Accounting, 2e (Hanlon, Hodder, Nelson, Roulstone, Dragoo) | |
|---|---|
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Errata - Volume 1 Last Updated: Feb 4 2022 |
Identified errors in Volume 1 of printed text, corrected. |
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Errata - Volume 2 Last Updated: Feb 15 2022 |
Identified errors in Volume 2 of printed text, corrected. |
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Appendix B Last Updated: Jul 1 2020 |
Appendix B - IFRS |
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Appendix C Last Updated: Jun 24 2020 |
Appendix C - Data Analytics |
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Data Analytics Files Last Updated: Nov 5 2020 |
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