accountants handbook volume two special industries and special topics

... instruments sharehold-Volume Two: Special Industries and Special Topics includes: • Comprehensive single-source coverage of the specialized environmental and accounting siderations for key industries, ... by accountants, auditors, executives,bankers, lawyers, financial analysts, and other preparers and users of accounting information ac-The Accountants’ Handbook is accounting’s oldest handbook and ... of the Handbook. The tenth edition of the Handbook is divided into two convenient volumes: xvii 1Daniel Kadlec, “Worldcon: The Fall of a Telecom Titan,” Time, July 8, 2002, p 21. Trang 21Volume

Ngày tải lên: 20/06/2014, 18:20

... (Accounting Standards Section A06), and accountedfor prospectively re-(c) INVENTORY. A mining company’s inventory generally has two major components—(1) metals and minerals and (2) materials and supplies ... Metals and Minerals. Metal and mineral inventories usually comprise broken ore;crushed ore; concentrate; materials in process at concentrators, smelters, and refineries; metal;and joint and by-products ... RECLAMATION AND REMEDIATION The mining industry is subject to federal and state laws for reclamation and restoration of lands after the completion of mining Historically, costs to reclaim and restore

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... re-a The number, weighted-average exercise price, and weighted-average remaining contrac-tual life of options outstanding, and b The number and weighted-average exercise price of options currently ... facts and assumptions on the grant date The following factors should beconsidered: (1) the vesting period of the grant, (2) the average length of time similar grants have re-mained outstanding, and ... companies adopting the new standard or disclosure of pro forma net income and earnings pershare for companies remaining under APB Opinion No 25 for all awards of stock options and otherstock-based instruments

Ngày tải lên: 20/06/2014, 18:20

... “Compilation and Review of Financial Statements,” Statement on Standards for Accounting and Review Services No. 1. AICPA, New York, 1978. , Auditing Standards Board, “Attestation Standards: Revision and ... information and use by the client [name of individual] and not intended to be and should not be used by any other party.” 39.13 SOURCES AND SUGGESTED... to be presented, and the form and ... Financial Plans,” Statement on Standards for Accounting and. .. assets and the proper determination of their fair values and the amount of liabilities and the appropriateness of the underlying

Ngày tải lên: 20/06/2014, 18:20

... receipts and bursements to principal and income Such distinctions, although not called for under the will, arefrequently mandated by requirements of estate, inheritance, and income tax laws and regulations ... care and skill to preserve the trust property The standard of care and skill is that of a man of ordinary prudence 9 To take reasonable steps to realize on claims which he holds in trust and to ... beneficiary has the right to inspect and take copies of all papers, records, and data bearing onthe administration of the trust property and income that are in the hands of the trustee The benefi-ciary

Ngày tải lên: 20/06/2014, 18:20

... each class, showing the amounts and character of any claims and securities and, so far as is known,the name and address or place of business of each creditor and a notation whether the claim ... Spouses and former spouses 17 Environmental issues 18 Nature, location, and name of business 19 Books, records, and financial statements 20 Inventories 21 Current partners, officers, directors, and ... eight kinds of acts and conductsubject to the automatic stay.Under Section 362 of the Bankruptcy Code, a tax audit, a demand for a tax return, or the issuance of a notice and demand for payment for

Ngày tải lên: 20/06/2014, 18:20

... Tenth Edition ACCOUNTANTS HANDBOOK VOLUME ONE: Financial Accounting and General Topics D R Carmichael Paul H Rosenfield JOHN WILEY & SONS, INC Tenth Edition ACCOUNTANTS HANDBOOK VOLUME ONE: ... presentation, disclosure, and analysis Volume Two: Specialized Industries and Special Topics includes: • • • Comprehensive single-source coverage of the specialized environmental and accounting considerations ... Auditing Standards and Audit Reports DAN M GUY, PhD, CPA Clemson University ALAN J WINTERS, PhD, CPA Clemson University VOLUME TWO: SPECIAL INDUSTRIES AND SPECIAL TOPICS 27 Oil, Gas, and Other...

Ngày tải lên: 28/06/2014, 00:20

... deficiency before contributions to term and permanent endowments or permanent fund principal, special and extraordinary items, and transfers • Contributions • Special and extraordinary items • Transfers ... revenues, expenditures, and changes in fund balances—budget and actual—general and special revenue fund types (Exhibit 32.5) Combined statement of revenues, expenses, and changes in retained ... Favorable (Unfavorable) Special Revenue Funds NAME OF GOVERNMENTAL UNIT Combined Statement of Revenues, Expenditures, and Changes in Fund Balances—Budget and Actual— General and Special Revenue Fund...

Ngày tải lên: 21/06/2014, 04:20

... assumptions used and actual experience Gains and losses may reflect both the refinement of estimates or assumptions and real changes in 36 12 • PENSION PLANS AND OTHER POSTRETIREMENT AND POSTEMPLOYMENT ... obligations (liability gains and losses) and return on plan assets (asset gains and losses) Liability gains and losses (increases or decreases in the PBO) stem from two types of events: changes ... year and to both gains and losses, and must be disclosed in the employer’s financial statements The 10% corridor is designed to avoid amortization of relatively small and temporary gains and losses...

Ngày tải lên: 21/06/2014, 04:20

... Standards Reform Act, which, if enacted, would have required the SEC to pass on all new standards approved by the FASB The bill stated, in part: “ any new accounting standard or principle, and ... awards to both the employer and the employee; and (d) exhibits illustrating the accounting and federal income tax consequences of hypothetical awards The discussion and exhibits demonstrate the ... based on the specific terms of the award and the authoritative accounting literature and the tax laws and rulings in effect at the time of the award State and local income tax consequences of stock-based...

Ngày tải lên: 21/06/2014, 04:20

... wife or husband) and estates for life or years are adjusted, and G T Stephenson and Norman Wiggins, Estates and Trusts, 5th ed (Appleton-Century-Crofts, New York, 1973) 41 10 • ESTATES AND TRUSTS ... could be corrected by crediting the overvalued assets and charging Andrews and Bell in the income ratio 40 16 • PARTNERSHIPS AND JOINT VENTURES Andrews, capital Bell, capital Sundry assets Cash ... A’s spouse and one adult child predecease A A is survived by a second adult child (B) and the predeceased child’s two children (C and D) A per stripes distribution would leave 50% to B and 25% to...

Ngày tải lên: 21/06/2014, 04:20