Wiley GAAP 2021, 2nd Edition

16ASC 310 RECEIVABLES

1. Perspective and Issues
   1. Technical Alert
   2. ASU 2019-10
      1. Guidance regarding effective dates
   3. ASU 2016-13
      1. Effective Dates
      2. Transition
      3. Guidance
      4. Example—Estimating ECLs for Trade Receivables Using an Aging Schedule
      5. Example
   4. ASU 2018-19
   5. ASU 2019-04
   6. ASU 2019-05
      1. Guidance
      2. Effective Dates
      3. Transition
   7. Subtopics
   8. Scope and Scope Exceptions
2. Definitions of Terms
3. Concepts, Rules, and Examples
   1. Scope
      1. ASC 310-10, Overall
   2. Overview
      1. Types of Receivables
   3. Valuation Allowance for Uncollectible Amounts
      1. Percentage-of-Sales Method
      2. Example of Percentage-of-Sales Method
      3. Aging the Accounts Method
      4. Example of the Aging Method
      5. Change in Estimate
      6. Imputed Interest
      7. Lending and Financing Activities, Including Trade Receivables
      8. Example of Delinquency Fees, Prepayment Fees, and Rebates
   4. Pledging, Assigning, and Factoring Receivables
      1. Pledging
      2. Assignment
      3. Factoring
      4. Example of Accounting for the Factoring of Receivables without Recourse
   5. Subsequent Measurement
      1. Technical Alert – ASU 2016‐13
      2. Technical Alert – ASU 2019‐04
   6. Impairment of Loans and Receivables
      1. Measurement
   7. Subsequent Measurement for Specific Types of Receivables
      1. Financial Assets Subject to Prepayment
      2. Standby Commitments to Purchase Loans
      3. Loans and Trade Receivables Not Held for Sale
      4. Nonmortgage Loans Not Held for Sale
      5. Nonmortgage Loans Held for Sale
      6. Transfers of Nonmortgage Loans between Classifications
      7. Loans Not Previously Held for Sale
      8. Amortization of Discount or Premium on Notes
      9. Premiums Allocated to Loans Purchased in ...