ASC 310-10, provides general guidance for receivables and has two subsections: general, which provides guidance on receivables in general and standby commitments to purchase loans, factoring arrangements, and rebates; and acquisition, development, and construction arrangements, which provides guidance on...
ASC 310, Receivables, consists of four subtopics: ASC 310-10, Overall; ASC 310-20, Nonrefundable Fees and Other Costs; ASC 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality; and ASC 310-40, Troubled Debt Restructurings by Creditors. Under the new guidance, ASC 326...
《FASB会计准则汇编》（Financial Accounting Standards Board Accounting Standards Codification）按专题（Topic）分类如下所示：ASC Topic 105 Generally Accepted Accounting Principles ASC专题105“一般公认会计原则”ASC Topic 205 Presentation of Financial Statements ASC专题205“财务报表列报”ASC Topic 210 Balance She...
ASC 310 — Receivables ASC 320 — Investments – Debt and Equity Securities ASC 321 — Investments – Equity Securities ASC 323 — Investments – Equity Method and Joint Ventures ASC 325 — Investments – Other ASC 326 — Financial Instruments – Credit Losses ASC 330 — Inventory ASC 340 — ...
ASC Topic 310 Receivables ASC专题310“应收账款” ASC Topic 320 Investments - Debt Securities ASC专题320“投资—债务证券” ASC Topic 321 Investments - Equity Securities ASC专题321“投资—股权证券” ASC Topic 323 Investments - Equity Method and Joint Ventures ...
• A credit adjustment, write-off of an uncollectible amount that impairs a contract asset, orreceivable and is assessed under ASC 310, Receivables. Implied price concession. If the customer’s credit risk is known at the inception of the contract,the entity must determine if there is an im...
°° ASC 310, Receivables °° ASC 320, Investments—Debt and Equity-Securities (This title changes to Investments in Debt Securities when ASU 2016-01 is implemented.) °° ASC 321, Investments in Equity Securities (when implemented) °° ASC 323, Investments—Equity-Method and Joint Ventures ...
ASC 310, Receivables, consists of four subtopics: ASC 310, overall; ASC 310, nonrefundable fees and other costs; ASC 310, loans and debt securities acquired with deteriorated credit quality; and ASC 310, troubled debt restructurings by creditors. The guidance for subsequent measurement of ...
This chapter provides clear explanations and practical examples for real﹚orld application of ASC 310, Receivables. It includes relevant sources of GAAP and expert guidance on interpretation, terminology, relevant concepts, and applicable rules, while inヾepth discussion on the issues surrounding ...
ASC 310 RECEIVABLESdoi:10.1002/9781119216698.ch18acquisition costsASC 310credit qualitycredit salesloans receivablenon‐refundable feesorigination costsJohn Wiley & Sons, LtdGAAP 2016 Interpretation and Application of Generally Accepted Accounting Principles...