Accounting

Download Accountants’ handbook. Special Industries and Special Topics by D. R. Carmichael, O. Ray Whittington, Lynford Graham PDF

By D. R. Carmichael, O. Ray Whittington, Lynford Graham

ISBN-10: 0471790397

ISBN-13: 9780471790396

This extremely popular reference is trusted via a substantial a part of the accounting career of their day by day paintings. This instruction manual is the 1st position many accountants glance to discover solutions to perform questions. Its complete scope is widely known and depended on. it truly is designed as a unmarried reference resource that offers solutions to all moderate questions about accounting and monetary reporting requested via accountants, auditors, bankers, attorneys, monetary analysts, and different preparers and clients of accounting details.

Show description

Read Online or Download Accountants’ handbook. Special Industries and Special Topics PDF

Best accounting books

Accounting (Accounting Carl S. Warren)

The main profitable larger schooling textual content of all time retains convalescing. The authors adapt their confirmed method of accounting's evolving function in company and use the training of monetary statements because the framework for figuring out what accounting is all approximately. Accounting presents a high-quality origin of accounting innovations with special good points to teach how clients can use accounting to appreciate company.

A Currency Options Primer (The Wiley Finance Series)

A short and concise consultant to foreign money optionsAn knowing of forex recommendations is key for these operating in funding and foreign currency echange. A foreign money thoughts Primer units out to provide readers a transparent advisor to how the forex choice industry services, delivering functional recommendation on gaining knowledge of the mandatory elements and ideas for totally knowing the workings of this marketplace.

Advances in Accounting Behavioral Research, Volume 5 (Advances in Accounting Behavioral Research)

Quantity five of Advances in Accounting Behavioral learn includes a good number of papers that are meant to end up to be worthwhile to a large choice of accounting behavioral researchers. This quantity, that's divided into 3 sections, comprises a few very concept upsetting articles. the 1st part, views of Accounting Behavioral study, comprises an insightful article by means of Jim Hunton reflecting on his view of the way forward for behavioral study in an atmosphere that's more and more pushed through electronic know-how.

Governmental Accounting Made Easy

A hands-on advisor to the bits and bobs of governmental accounting—made effortless! Governmental Accounting Made effortless, moment variation equips you with the instruments you want to run the monetary and accounting operations inside your company. this entire and easy handbook covers a vast diversity of governmental accounting subject matters that fall lower than the Governmental Accounting criteria Board, and its lately revised monetary reporting version.

Additional info for Accountants’ handbook. Special Industries and Special Topics

Sample text

G) ACCOUNTING FOR THE IMPAIRMENT OF LONG-LIVED ASSETS. SFAS No. 121, “Accounting for the Impairment of Long-Lived Assets and Long-Lived Assets to Be Disposed Of,” provided definitive guidance on when the carrying amount of long-lived assets should be reviewed for impairment. Long-lived assets of a mining company, for example, plant and equipment and capitalized development costs, should be reviewed for recoverability when events or changes in circumstances indicate that carrying amounts may not be recoverable.

30 · 4 REAL ESTATE AND CONSTRUCTION The two primary concerns under SFAS No. 66 are: 1. Has a sale occurred? 2. Under what method and when should profit be recognized? The concerns are answered by determining the buyer’s initial and continuing investment and the nature and extent of the seller’s continuing involvement. The guidelines used in determining these criteria are complex and, within certain provisions, arbitrary. Companies dealing with these types of transactions are often faced with the difficult task of analyzing the exact nature of a transaction in order to determine the appropriate accounting approach.

The following information is for all real estate sales other than retail land sales. To determine whether profit recognition is appropriate, a test must first be made to determine whether a sale may be recorded. Then additional tests are made related to the buyer’s investment and the seller’s continued involvement. Generally, real estate sales should not be recorded prior to closing. Since an exchange is generally required to recognize profit, a sale must be consummated. A sale is consummated when all the following conditions have been met: • The parties are bound by the terms of a contract.

Download PDF sample

Rated 4.47 of 5 – based on 23 votes