Wiley GAAP 2020

45ASC 720 OTHER EXPENSES

• Perspective and Issues
  • Subtopics
  • Technical Alert
    • ASU 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers
    • Guidance
    • Effective Date and Transition
  • Scope and Scope Exceptions
    • ASC 720-15, Start-Up Costs
    • ASC 720-25, Contributions Made
    • ASC 720-35, Advertising Costs
    • ASC 720-40, Electronic Equipment Waste Obligations
• Definitions of Terms
• Concepts, Rules, and Examples
  • ASC 720-10, Overall
  • ASC 720-15, Start-Up Costs
  • ASC 720-20, Insurance Costs
  • ASC 720-25, Contributions Made
  • ASC 720-30, Real and Personal Property Taxes
    • Example of Accrued Real Estate Taxes
  • ASC 720-40, Electronic Equipment Waste Obligations
  • ASC 720-45, Business and Technology Reengineering
  • ASC 720-50, Fees Paid to the Federal Government by Pharmaceutical Manufacturers 
and Health Insurers

PERSPECTIVE AND ISSUES

Subtopics

ASC 720, Other Expenses, contains nine subtopics:

• ASC 720-10, Overall, which merely lists the other subtopics
• ASC 720-15, Start-Up Costs
• ASC 720-20, Insurance Costs
• ASC 720-25, Contributions Made
• ASC 720-30, Real and Personal Property Taxes
• ASC 720-35, Advertising Costs
• ASC 720-40, Electronic Equipment Waste Obligations
• ASC 720-45, Business and Technology Reengineering
• ASC 720-50, Fees Paid to the Federal Government by Pharmaceutical Manufacturers and Health Insurers

Technical Alert

ASU 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers.

In December 2016, the FASB ...