Preface ix About the Author xi 1 ASC 105 Generally Accepted Accounting Principles 1 2 ASC 205 Presentation of Financial Statements 5 3 ASC 210 Balance Sheet 27 4 ASC 215 Statement of Shareholder Equity 45 5 ASC 220 Income Statement--Reporting Comprehensive Income 47 6 ASC 230, Statement of Cash Flows 63 7 ASC 235 Notes to Financial Statements 77 8 ASC 250 Accounting Changes and Error Corrections 99 9 ASC 255 Changing Prices 121 10 ASC 260 Earnings Per Share 125 11 ASC 270 Interim Reporting 139 12 ASC 272 Limited Liability Entities 149 13 ASC 274 Personal Financial Statements 153 14 ASC 275 Risks and Uncertainties 159 15 ASC 280 Segment Reporting 169 16 ASC 310 Receivables 177 17 ASC 320 Investments--Debt Securities 195 18 ASC 321 Investments--Equity Securities 209 19 ASC 323 Investments--Equity Method and Joint Ventures 217 20 ASC 325 Investments--Other 231 21 ASC 326 Financial Instruments--Credit Losses 239 22 ASC 330 Inventory 251 23 ASC 340 Other Assets and Deferred Costs 261 24 ASC 350 Intangibles--Goodwill and Other 269 25 ASC 360 Property, Plant, and Equipment 291 26 ASC 405 Liabilities 303 27 ASC 410 Asset Retirement and Environmental Obligations 309 28 ASC 420 Exit or Disposal Cost Obligations 323 29 ASC 430 Deferred Revenue and Contract Liabilities 331 30 ASC 440 Commitments 333 31 ASC 450 Contingencies 339 32 ASC 460 Guarantees 349 33 ASC 470 Debt 359 34 ASC 480 Distinguishing Liabilities from Equity 377 35 ASC 505 Equity 387 36 ASC 605 Revenue Recognition 409 37 ASC 606 Revenue from Contracts with Customers 411 38 ASC 610 Other Income 443 39 ASC 705 Cost of Sales and Services 449 40 ASC 710 Compensation--General 451 41 ASC 712 Compensation--Nonretirement Postemployment Benefits 457 42 ASC 715 Compensation--Retirement Benefits 459 43 ASC 718 Compensation--Stock Compensation 489 44 ASC 720 Other Expenses 499 45 ASC 730 Research and Development 507 46 ASC 740 Income Taxes 513 47 ASC 805 Business Combinations 529 48 ASC 808 Collaborative Arrangements 551 49 ASC 810 Consolidations 563 50 ASC 815 Derivatives and Hedging 587 51 ASC 820 Fair Value Measurement 619 52 ASC 825 Financial Instruments 627 53 ASC 830 Foreign Currency Matters 641 54 ASC 835 Interest 649 55 ASC 840 Leases 657 56 ASC 842 Leases 665 57 ASC 845 Nonmonetary Transactions 685 58 ASC 848 Reference Rate Reform 691 59 ASC 850 Related-Party Disclosures 699 60 ASC 852 Reorganizations 707 61 ASC 853 Service Concession Arrangements 729 62 ASC 855 Subsequent Events 733 63 ASC 860 Transfers and Servicing 739 Index 751.