Appendix Disclosure Checklist for Commercial Businesses
The disclosure checklist presented below provides a quick reference to those disclosures that are common to the financial statements of most commercial business enterprises. This checklist does not purport to be suitable for use as a comprehensive SEC disclosure checklist, nor is it designed to be used for reporting entities that are not-for-profit organizations, state or local governments, or that are engaged in other industries that are subject to specialized accounting and reporting rules. Readers are advised to access the FASB Codification for additional details on requirements.
Numbers preceding the topics refer to the relevant FASB ASC Topic. For each Topic, the related chapter in Wiley GAAP 2014 offers more information about implementing the requirements and gives examples.
CONTENTS
205 Presentation of Financial Statements
205-20 Discontinued Operations
205-30 Liquidation Basis of Accounting
225-20 Extraordinary and Unusual Items
235 Notes to Financial Statements
250 Accounting Changes and Error Corrections
270 Interim Financial Statements
310-20 Nonrefundable Fees and Other Costs
310-30 Loans and Debt Securities Acquired with Deteriorated Credit Quality
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