Wiley GAAP 2018, 16th Edition

1ASC 105 Generally Accepted Accounting Principles

1. Perspectives and Issues
   1. What Is GAAP?
      1. Nonauthoritative Sources
      2. Recognition Principles
      3. Disclosure Principles
2. Definitions of Terms
3. Concepts, Rules, and Examples
   1. History of GAAP
      1. Other Sources
   2. GAAP Codification
      1. SEC Guidance in the Codification
   3. Standards-Setting Process
      1. Emerging Issues Task Force
      2. Accounting Standards Updates
      3. Maintenance Updates
      4. American Institute of Certified Public Accountants
   4. Researching GAAP Problems
      1. Codification Structure
   5. Research Procedures
      1. Step 1: Identify the Problem
      2. Step 2: Analyze the Problem
      3. Step 3: Refine the Problem Statement
      4. Step 4: Identify Plausible Alternatives
      5. Step 5: Develop a Research Strategy
      6. Step 6: Search Authoritative Literature (Described in Additional Detail Below)
      7. Step 7: Evaluation of the Information Obtained
4. Search Authoritative Literature (Step 6)—Further Explanation
   1. Researching Wiley GAAP
   2. Researching Nonpromulgated GAAP
   3. Internet-Based Research Sources
5. The Concept of Materiality
   1. Technical Alert
6. Descriptions of Materiality
   1. Quantitative Factors
   2. Qualitative Factors
   3. Degree of Precision
7. The Conceptual Framework
   1. Components of the Conceptual Framework
8. CON 8—Chapter 1: The Objective of General Purpose Financial Reporting
9. CON 8—Chapter 3: Qualitative Characteristics of Useful Financial Information
10. CON 5: Recognition and Measurement in Financial Statements of Business Enterprises
11. CON 6: Elements of Financial Statements
    1. Definitions of terms
    2. Elements of Not-For-Profit Financial Statements ...