[AICPA 과목별 주요내용] FARE (2) - Select Financial Statement Accounts (30~40%)

Financial Accounting and Reporting 주요내용
(Wiley CPAexcel Exam Review 2017년판 기준)
Select Financial Statement Accounts (30~40%)

Cash and Cash Equivalents

Cash
Bank Reconciliations

Receivables

Accounts Receivable—Accounting and Reporting
Uncollectible—Direct Write-Off and Allowance
Allowance—Income Statement and Balance Sheet: Approach
Allowance—Income Statement and Balance Sheet
Criteria for Sale of Receivables
Factoring, Assignment, and Pledging
Notes Receivable—Impairment

Inventory

Introduction to Inventory
Periodic Inventory System and Cost-Flow Assumption
Perpetual Inventory System and Cost-Flow Assumption
Evaluation of FIFO and LIFO
Dollar-Value LIFO
Subsequent Measurement of Inventory
Gross Margin and Relative Sales Value Method
Retail Inventory Method
Dollar-Value LIFO Retail
Inventory Errors
Losses on Purchase Commitments
Inventory and IFRS

Property, Plant, and Equipment: Categories and Presentation

Capitalized Costs
Valuation
Interest Capitalization Basics
Interest Capitalization Limits
Post-Acquisition Expenditures
Non-Accelerated Depreciation Methods
Accelerated Depreciation Methods
Natural Resources
Impairment—Assets for Use and Held-for-Sale
Impairment and IFRS
PPE and IFRS

Nonmonetary Exchange

Commercial Substance
No Commercial Substance
Nonmonetary Exchanges and IFRS

Investments

Introduction—Equity and Debt Investments
No Significant Influence

• No Significant Influence
• Cost Method and Transfers Between Classifications
• IFRS—Investments

Significant Influence—Equity Method

• Equity Method
• IFRS—Equity Method

Investor Stock Dividends, Splits, and Rights
Impairment of Debt and Equity Securities

Intangible Assets—Goodwill and Other

Introduction to Intangible Assets
Goodwill
Research and Development Costs
Software Costs
Intangibles and IFRS

Payables and Accrued Liabilities

Current Liabilities
Specific Current Liabilities

Costs and Expenses

Costs and Expenses
Compensated Absences
Contingencies, Commitments, and Guarantees (Provisions)

• Contingent Liability Principles
• Examples of Contingent Liabilities and Additional Aspects
• IFRS—Contingencies

Long-Term Debt (Financial Liabilities)

Notes Payable
Bonds Payable

• Bond Accounting Principles
• Bond Complications
• Bond Fair Value Option, International

Modification and Debt Retirement

• Refinancing Short-Term Obligations
• Debt Retirement

Troubled Debt
Debt Covenant Compliance
Distinguishing Liabilities from Equity

Equity

Owners’ Equity Basics
Stock Issuance
Preferred Stock
Treasury Stock
Dividends
Stock Dividends and Splits
Dividend Allocation
Stock Rights, Retained Earnings
Book Value per Share