Wiley GAAP: Financial Statement Disclosure Manual

2ASC 205 PRESENTATION OF FINANCIAL STATEMENTS

1. Authoritative Literature
   1. Subtopics
   2. Scope and Scope Exceptions
      1. ASC 205‐10
      2. ASC 205‐20
      3. ASC 205‐30
      4. ASC 205‐40
2. Practice Alert
3. Disclosures and Presentation Requirements
   1. ASC 205‐10, Overall
      1. Comparative Statements
      2. Full Set of Financial Statements
      3. Order of Data
      4. Changes Affecting Comparability
      5. Presentation
      6. Disclosure
   2. ASC 205‐20, Discontinued Operations
      1. Determining When a Disposal Should Be Presented as a Discontinued Operation
      2. Presentation—Income Statement
      3. Presentation—Balance Sheet
      4. Disclosures for Assets Sold or Held for Sale
      5. Change to a Plan of Sale
      6. Continuing Involvement
      7. Disclosures Required for a Discontinued Operation Comprising a Component or Group of Components of an Entity
      8. Disclosures Required for a Discontinued Operation Comprising an Equity Method Investment
   3. ASC 205‐30, Liquidation Basis of Accounting
      1. Determining When to Apply the Liquidation Basis of Accounting
      2. Measuring Assets and Liabilities
      3. Presentation
      4. Disclosure
   4. ASC 205‐40, Going Concern
      1. Overall Guidance
      2. Consideration of Management's Plans
      3. Disclosure Requirements
4. Presentation and Disclosure Examples
   1. Example 2.1: Reclassification
   2. Example 2.2: Income Statement Presentation for Discontinued Operations—Face of the Income Statement
   3. Example 2.3: Computing the Gain or Loss on Disposal in the Year in Which the Discontinued Operation Is Classified as Held for Sale
   4. Example 2.4: Discontinued Operations—Adjustment of Loss Repeated in a Prior Period as a Discontinued Operation ...