Wiley GAAP: Financial Statement Disclosure Manual

44ASC 720 OTHER EXPENSES

1. Authoritative Literature
   1. Subtopics
   2. ASC 720‐10, Overall
   3. ASC 720‐15, Start‐Up Costs
   4. ASC 720‐20, Insurance Costs
      1. Retroactive Contracts
      2. Claims‐Made Contracts
      3. Multiple‐Year Retrospectively Rated Contracts
   5. ASC 720‐25, Contributions Made
   6. ASC 720‐30, Real and Personal Property Taxes
   7. ASC 720‐35, Advertising Costs
   8. ASC 720‐40, Electronic Equipment Waste Obligations
   9. ASC 720‐45, Business and Technology Reengineering
   10. ASC 720‐50, Fees Paid to the Federal Government by Pharmaceutical Manufacturers and Health Insurers
2. Practice Alert
3. Presentation and Disclosure Requirements
   1. Presentation
   2. Disclosure
4. Presentation and Disclosure Examples
   1. Example 44.1: Accounting Policy for Advertising Costs
   2. Example 44.2: Accounting Policy for Start‐Up Costs
   3. Example 44.3: Organizational Costs Accounting Policy

AUTHORITATIVE LITERATURE

Subtopics

ASC 720, Other Expenses, contains nine Subtopics and there is no relationship between the Subtopics:

• 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
• 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

ASC 720‐10, Overall

ASC 720‐10 provides no guidance. It merely lists all the Subtopics in Topic 720.

ASC 720‐15, Start‐Up Costs

ASC 720‐15 ...