Accounting Desk Book, 2006 (Accounting Desk Book)
Edition: 14 Pap/Cdr edition
Publisher: CCH
Published: December 15, 2005
Language: eng
Format: Paperback
Number of pages: 1120
ISBN-13: 9780808089889
Subjects: Accounting - General; Business & Economics; Business/Economics
First sentence: The general objective is to provide reliable information on resources, obligations and progress.
Table of contents: title: Financial reporting. Principles of financial statements, disclosure, analysis, and interpretation --Revenue and expenses -- Stockholders’ equity -- Statement of cash flows -- Segment reporting -- Standards. Actions of the Financial Accounting Standards Board -- Consolidation of variable interest entities -- Governmental accounting -- Governmental fund accounting -- Not-for-profit or exempt organizations -- International standards: accounting -- International standards : auditing, ethics, public sector --Accounting procedures. Cost accounting -- Budgeting for profit planning and budgetary control -- Change in accounting methods and consideration of accounting periods -- Auditor independence and the audit committee -- Taxpayer rights -- Niche accounting. Practice before the IRS and the power of attorney -- Internet accounting -- E-commerce and E-communication -- Insurance accounting -- Expert witness -- Keep it honest and profitable -- SEC accounting and oversight. The Securities and Exchange Commission : organization and the acts -- The Securities and Exchange Commission : materiality -- The Sarbanes-Oxley Act of 2002 -- Public Company Accounting Oversight Board -- Investments. The CPA as financial planner -- Equity strategies -- Advanced equity strategies -- Debt securities -- Demystifying funds -- Mutual funds -- Mutual fund “profile” disclosure option -- Plain English disclosure rule -- Derivatives -- Consideration of real estate as an asset -- Saving for a higher education -- Tax matters. American Jobs Creation Act and Working Families Tax Relief Act -- Federal Bankruptcy : 2005 changes and federal tax aspects -- Depreciation -- Asset valuation for tax purposes -- Business use of the home -- Limited liability companies -- Independent contractor or employee -- Tip income -- Appendix A : financial planning tables -- Appendix B : index to journal entries -- Appendix C : tax terminology -- Appendix D : investment vocabulary -- Appendix E : the going concern concept -- Appendix F : guidelines for interim reporting -- Appendix G : reporting cash payments of over $10,000 -- Appendix H : goodwill -- Appendix I : foreign currency translations.