Nguồn ngoài
Intermediate Financial Accounting 1
Intermediate Financial Accounting Volume 1 by G. Arnold and S. Kyle, developed in collaboration by Athabasca University and Lyryx, is intended for a first course in Intermediate Financial Accounting, and presumes that students have already completed one or two Introductory Financial Accounting courses. The textbook reflects current International Financial Reporting Standards (IFRS), such as IFRS 15 – Revenue from Contracts With Customers.
- Tác giả
- Glenn Arnold & Suzanne Kyle
- Nhà xuất bản
- Athabasca University
- Nguồn
- LibreTexts
- Giấy phép
- CC BY
- Ngôn ngữ
- EN
- Danh mục
- Kế toán - Kiểm toán
Mục lục· 190 mục
- 01: Review of Intro Financial Accounting
- 1.01: Adjusting and Closing Entries
- 1.02: Merchandising Transactions
- 1.03: Inventory Costing Methods
- 1.04: Bank Reconciliations
- 1.05: Receivables Transactions
- 1.06: Long-Lived Assets
- 1.07: Current and Long-Term Liabilities
- 1.08: Statement of Cash Flows
- 02: Why Accounting
- 2.01: Definition and Information Asymmetry
- 2.02: Trade-Offs
- 2.03: How Are Standards Set
- 2.04: The Conceptual Framework
- 2.4.01: The Objective of Financial Reporting
- 2.4.02: Qualitative Characteristics of Useful Information
- 2.4.03: Elements of Financial Statements
- 2.4.04: Recognition
- 2.4.05: Measurement Base
- 2.4.06: Capital Maintenance
- 2.05: Challenges and Opportunities in Financial Reporting
- 2.06: Conclusion
- 2.07: IFRS ASPE Key Differences
- 2.08: Chapter Summary
- 2.09: References
- 2.10: Exercises
- 03: Financial Reports- Statement of Income Comprehensive Income and Changes in Equity
- 3.01: Financial Reporting- Overview
- 3.02: Factors that Influence Reports
- 3.2.01: Accounting Year-end
- 3.2.02: Changes in Accounting Estimates Changes in Accounting Policy and Correction of Errors
- 3.03: Financial Statements and their Interrelationships
- 3.3.01: Financial Statement Differences Between IFRS and ASPE
- 3.04: Statement of Income and Comprehensive Income
- 3.05: Statement of Changes in Equity and Statement of RE
- 3.06: Analysis of Statement of Income and Statement of Changes in Equity
- 3.07: IFRS and ASPE Applicable Standards
- 3.08: Chapter Summary
- 3.09: References
- 3.10: Exercises
- 04: Financial Reports Statement of Financial Position and Statement of Cash Flows
- 4.01: Financial Reports- Overview
- 4.02: Statement of Financial Position Balance Sheet
- 4.2.01: Disclosure Requirements
- 4.2.02: Factors Affecting the Statement of Financial Position Balance Sheet (SFP BS)
- 4.03: Statement of Cash Flows (SCF)
- 4.3.01: Preparing a Statement of Cash Flows
- 4.3.02: Disclosure Requirements
- 4.3.03: Interpreting the Statement of Cash Flows
- 4.04: Analysis
- 4.05: Chapter Summary
- 4.06: References
- 4.07: Exercises
- 05: Revenue
- 5.01: Definition
- 5.02: Revenue Recognition
- 5.2.01: Identify the Contract
- 5.2.02: Identify the Performance Obligations
- 5.2.03: Determine the Transaction Price
- 5.2.04: Allocate the Transaction Price to the Performance Obligations
- 5.2.05: Recognize Revenue When (or as) the Entity Satisfies a Performance Obligation
- 5.2.06: Contract Costs
- 5.03: Applications
- 5.3.01: Bundled Sales
- 5.3.02: Consignment Sales
- 5.3.03: Sales With Right of Return
- 5.3.04: Bill-and-Hold Arrangements
- 5.3.05: Barter Transactions
- 5.3.06: Long-Term Construction Contracts
- 5.04: Presentation and Disclosure
- 5.05: The Earnings Approach
- 5.06: IFRS ASPE Key Differences
- 5.07: Chapter Summary
- 5.08: References
- 5.09: Exercises
- 06: Cash and Receivables
- 6.01: Overview
- 6.02: Cash and Cash Equivalents
- 6.2.01: Internal Control of Cash
- 6.03: Receivables
- 6.3.01: Accounts Receivable
- 6.3.02: Notes Receivable
- 6.3.03: Derecognition and Sale of Receivables- Shortening the Credit-to-Cash Cycle
- 6.3.04: Disclosures of Receivables
- 6.04: Cash and Receivables- Analysis
- 6.05: IFRS ASPE Key Differences
- 6.06: Appendix A- Review of Internal Controls Petty Cash and Bank Reconciliations
- 6.07: Chapter Summary
- 6.08: References
- 6.09: Exercises
- 07: Inventory
- 7.01: Definition
- 7.02: Initial Recognition and Measurement
- 7.03: Subsequent Recognition and Measurement
- 7.3.01: Inventory Accounting Systems
- 7.3.02: Cost Flow Assumptions
- 7.3.03: The Problem of Overvaluation
- 7.04: Presentation and Disclosure
- 7.05: Inventory Errors
- 7.06: Estimating Inventory
- 7.07: Inventory Analysis
- 7.08: IFRS ASPE Key Differences
- 7.09: Chapter Summary
- 7.10: References
- 7.11: Exercises
- 08: Intercorporate Investments
- 8.01: Intercorporate Investments- Overview
- 8.02: Non-Strategic Investments
- 8.2.01: Fair Value Through Net Income (FVNI)
- 8.2.02: Fair Value Through OCI Investments (FVOCI) (IFRS only)
- 8.2.03: Amortized Cost Investments (AC)
- 8.03: Strategic Investments
- 8.3.01: Investments in Associates (Significant Influence)
- 8.3.02: Investments in Subsidiaries (Control)
- 8.3.03: Investments in Joint Arrangements
- 8.04: Investments Disclosures
- 8.05: Investments Analysis
- 8.06: IFRS ASPE Key Differences
- 8.07: Chapter Summary
- 8.08: References
- 8.09: Exercises
- 09: Property Plant and Equipment
- 9.01: Definition
- 9.02: Recognition
- 9.03: Measurement at Recognition
- 9.3.01: Self-Constructed Assets
- 9.3.02: Borrowing Costs
- 9.3.03: Asset Retirement Obligations
- 9.3.04: Lump Sum Purchases
- 9.3.05: Non-monetary Exchanges
- 9.3.06: Deferred Payments
- 9.3.07: Government Grants
- 9.04: Measurement After Initial Recognition
- 9.4.01: Cost Model
- 9.4.02: Revaluation Model
- 9.4.03: Fair Value Model
- 9.05: Costs Incurred After Acquisition
- 9.06: IFRS ASPE Key Differences
- 9.07: Chapter Summary
- 9.08: References
- 9.09: Exercises
- 10: Depreciation Impairment and Derecognition of Property Plant and Equipment
- 10.01: Definition
- 10.02: Depreciation Calculations
- 10.2.01: Depreciable Amount
- 10.2.02: Useful Life
- 10.2.03: Methods of Calculation
- 10.2.04: Separate Components
- 10.2.05: Partial Period Calculations
- 10.2.06: Revision of Depreciation
- 10.03: Impairment
- 10.3.01: Accounting for Impairment
- 10.3.02: Accounting for Impairment
- 10.04: Derecognition
- 10.4.01: Held for Sale
- 10.4.02: Other Derecognition Issues
- 10.05: Presentation and Disclosure Requirements
- 10.06: IFRS ASPE Key Differences
- 10.07: Appendix A- ASPE Standards for Impairment
- 10.08: Chapter Summary
- 10.09: References
- 10.10: Exercises
- 11: Intangible Assets and Goodwill
- 11.01: Intangible Assets and Goodwill- Overview
- 11.02: Intangible Assets- Initial Recognition and Measurement
- 11.2.01: Purchased Intangible Assets
- 11.2.02: Internally Developed Intangible Assets
- 11.2.03: Intangible Assets- Subsequent Measurement
- 11.2.04: Intangible Assets- Impairment and Derecognition
- 11.03: Goodwill
- 11.3.01: Initial Recognition and Measurement
- 11.3.02: Subsequent Measurement of Goodwill
- 11.04: Disclosures of Intangible Assets and Goodwill
- 11.05: Analysis
- 11.06: IFRS ASPE Key Differences
- 11.07: Chapter Summary
- 11.08: References
- 11.09: Exercises
- 12: Solutions
- 12.01: Chapter 2 Solutions
- 12.02: Chapter 3 Solutions
- 12.03: Chapter 4 Solutions
- 12.04: Chapter 5 Solutions
- 12.05: Chapter 6 Solutions
- 12.06: Chapter 7 Solutions
- 12.07: Chapter 8 Solutions
- 12.08: Chapter 9 Solutions
- 12.09: Chapter 10 Solutions
- 12.10: Chapter 11 Solutions
- 12.11: Solutions