|Publisher:||John Wiley and Sons Canada|
|Edition description:||Older Edition|
|Product dimensions:||8.46(w) x 10.63(h) x 1.18(d)|
Table of ContentsVolume 2 Contents
Chapter 14—Current Liabilities and Contingencies
What is a Liability? Liabilities Financial Liabilities What is a Current Liability? Bank Indebtedness and Credit Facilities Accounts Payable Notes Payable Current Maturities of Long-Term Debt Short-Term Debt Expected to Be Refinanced Dividends Payable Returnable Deposits Unearned Revenues Sales Taxes Payable Goods and Services Tax Income Taxes Payable Employee-Related Liabilities Rents and Royalties Estimated Liabilities Product Guarantee and Warranty Obligations Premiums, Coupons, Rebates, and Loyalty Points Asset Retirement Obligations Contingencies, Commitments and Guarantees Types of Contingencies Litigation, Claims, and Assessments Guarantees Self-Insurance Risks Contractual Obligations Presentation and Analysis Presentation of Current Liabilities Presentation of Contingencies and Commitments Perspectives Analysis of Current Liabilities
Chapter 15—Long-Term Financial Liabilities
Nature of Long-Term Debt Bonds Notes Payable Types of Bonds/Notes Bond Ratings Measurement and Valuation Bonds and Notes Issued at Par Discounts and Premiums Deep Discount or Zero-Interest-Bearing Bonds/Notes Special Situations Extinguishment of Debt or Derecognition Repayment Prior to Maturity Date Exchange of Debt Instruments Defeasance Recognition and Presentation Issues Off-Balance-Sheet Financing Presentation and Analysis of Long-Term Debt Note Disclosures Perspectives Appendix 15A Troubled Debt
Chapter 16—Shareholders' Equity
The Corporate Form Corporate Law Share Capital System Share Capital Types of Shares Limited Liability of Shareholders Issuance of Shares Reacquisition of Shares Retirement of Reaquired Shares Retained Earnings Formality of Profit Distribution Types of Dividends Stock Splits Other Components of Shareholders' Equity Contributed Surplus APPENDIX 16A Par Value and Treasury Shares APPENDIX 16B Reorganization
Chapter 17—Complex Financial Instruments and Derivatives
Presentation and Measurement Issues Perpetual Debt Callable/Redeemable Preferred Shares Debt with Detachable Stock Warrants Dealing with Uncertainty Interest, Dividends, Gains, and Losses Perspectives Basic Derivatives Understanding Derivatives: Managing Risks Financial Risks Defined Using Derivatives: Hedging versus Speculation Recognition, Measurement, and Presentation Issues Options and Warrants Forwards Futures Perspectives Stock Compensation Plans Cumulative Translation Adjustment Presentation and Analysis of Shareholders' Equity Types of Plans Direct Awards of Stock Stock Options Revisited Compensatory Stock Option Plans Perspectives Appendix 17A Hedging Appendix 17B Stock Compensation Plans-Additional Complications
Chapter 18—Earnings per Share
Overview Objective of EPS Presentations and Disclosure Basic EPS Simple Capital Structure Income Available to Common Shareholders Weighted Average Common Shares Comprehensive Illustration Diluted Earnings per Share Complex Capital Structure Convertible Securities If-Converted Method Options and Warrants Treasury Stock Method Reverse Treasury Stock Method Contingently Issuable Shares Antidilution Revisited Additional Disclosures Comprehensive Earnings per Share Exercise Perspectives Usefulness of EPS
Chapter 19—Income Taxes
Income Tax Fundamentals Accounting Income and Taxable Income Future Taxable Amounts and Future Taxes Future Deductible Amounts and Future Taxes Calculation of Taxable Income Tax Rate Considerations Accounting for Income Tax Loss Carryover Benefits
Introduction to Loss Carryback and Carryforward Loss Carryback Illustrated Loss Carryforward Illustrated Carryforward with Valuation Allowance Review of Future Income Tax Asset Account
Intraperiod Tax Allocation Objective Financial Statement Presentation Balance Sheet Presentation Income Statement Presentation Other Disclosures Perspectives The Asset-Liability Method Differential Reporting Review and Conceptual Questions Comprehensive Illustration of Intraperiod Tax Allocation
Chapter 20—Pensions and Other Employee Future Benefits
Introduction and Terminology Nature of Pension Plans Defined Contribution Plans Defined Benefit Plans The Role of Actuaries in Pension Accounting Plans with Defined Benefits that Vest or Accumulate: the Basics Alternative Measures of the Liability Capitalization versus Noncapitalization Major Components of Pension Expense Projected Benefit Obligation and Plan Assets Basic Illustration Plans with Defined Benefits that Vest or Accumulate: Complexities Past Service Costs (PSC)
Actuarial Gains and Losses Corridor Amortization for Net Actuarial Gains and Losses Illustration Other Defined Benefit Plans with Benefits that Vest or Accumulate Comprehensive Illustration with a Transitional Balance Reporting Defined Benefit Plans in Financial Statements Perspectives on Pension Reporting Plan Compexities Defined Benefit Plans: Benefits Do Not Vest or Accumulate Post-Employment Benefits and Compensated Absences Appendix 20A Example of a One-Person Plan
Basics of Leasing Advantages of Leasing Conceptual Nature of a Lease Accounting by Lessees Capitalization Criteria Accounting for a Capital Lease Capital Lease Method Illustrated Reporting and Disclosure Requirements—Capital Leases Accounting for an Operating Lease Reporting and Disclosure Requirements—Operating Leases Perspectives Illustration of Capital and Operating Lease Disclosures by the Lessee Accounting by Lessors Economics of Leasing Classification of Leases by the Lessor Capitalization Criteria Accounting for a Direct Financing Lease Accounting for a Sales-Type Leases Operating Leases Reporting and Disclosure Requirements for the Lessor Illustration of Lessor Disclosures by Lessors Special Accounting Issues Residual Values Bargain Purchase Options Initial Direct Costs of the Lessor Classification between Current and Noncurrent Lease Accounting—Unsolved Problems Illustration of Different Lease Arrangements Harmon, Inc.
Arden's Oven Corp.
Mendota Truck Corp.
Appleland Computer Appendix 21A Other Lease Issues
Chapter 22—Accounting Changes and Error Analysis
Changes in Accounting Policies and Estimates, and Errors Introduction Types of Accounting Changes Alternative Accounting Methods Accounting Standards Retroactive Application Prospective Application Summary of Accounting Changes Reporting Issues Examples of Disclosures Motivations for Change Perspectives Error Analysis Balance Sheet Errors Income Statement Errors Balance Sheet and Income Statement Errors Comprehensive Illustration: Numerous Errors Preparation of Comparative Financial Statements
Chapter 23—Statement of Cash Flows
Introduction to the Statement of Cash Flows Usefulness of the Statement of Cash Flows What is Cash?
Classification of Cash Flows Format of the Statement of Cash Flows Preparing a Statement of Cash Flows Sources of Information and Steps in the Process First Illustration—Tax Consultants, Inc.
Second Illustration—Eastern Window Products Limited Third Illustration—Yoshi Corporation Interpreting the Statement Reporting and Disclosure Issues Cash Flow Statements Cash Flow per Share Information Free Cash Flow Financial Reporting Examples Perspectives Appendix 23 Use of a Work Sheet
Chapter 24—Other Measurement and Disclosure Issues
Disclosure Issues Full Disclosure Principle Revisted Increase in Reporting Requirements Accounting Policies Illegal Acts Segmented Reporting Interim Reporting Internet Financial Reporting and Continuous Disclosures Other Measurement Issues Measurement Uncertainty Revisited Related Party Transactions Differential Reporting Subsequent Events Reporting on Financial Forecasts and Projections Auditor's Reports Unqualified Opinions Qualified Opinions Adverse Opinions Disclaimer of Opinions Appendix Auditor's Report Management's Report Unincorporated Businesses Perspectives Speciment Financial Statements Tables Index