U.S. GAAP Codification of Accounting Standards

U.S. GAAP Codification   Accounting Standards, ASC

U.S. GAAP Accounting Standards
Codification Topic 325-20: Cost Method Investments

Principles of Accounting Intermediate Financial AccountingU.S. GAAP Textbook
Accounting by Topic Accounting Terms Dictionary

Codification Topic 325-20
Cost Method Investments

Investments in equity securities

1. If fair value is readily determinable
--> Apply ASC 320 Investments - Debt and Equity Securities
--> SFAS 115

2. If fair value is not readily determinable and 
--> Less than 20% of voting rights
--> Apply ASC 325-20 Cost Method Investments

Initial measurement
Investments are measured --> at cost

Subsequent measurement

1. Dividends from an investee
--> recognized as earnings from investment

2. Dividends over the accumulated earnings of an investee
--> return of investment, not earnings from investment

A decrease in investment is recognized
--> if the decrease is "other than temporary"

   Codification Topic 325
Subtopics of Codification Topic 325
   325-10 Overall
   325-20 Cost method investments
   325-30 Investments in insurance contracts
   325-40 Beneficial interests in securitized financial assets   
Accounting Terms of Codification Topic 325-10
Accounting Terms of Codification Topic 325-20
   Publicly traded company   
Accounting Terms of Codification Topic 325-30
   Cash surrender value
   Claims stabilization reserve
   Deferred acquisition cost tax
   Insurance policy
   Life settlement contract
   Policy account balance
   Surrender charge   
Accounting Terms of Codification Topic 325-40
   Beneficial interest
   Debt security

   Other Topics at the Codification 300 
Accounting Standards Codification, ASC, Overview
ASC Codification Topic 305: Cash and Cash Equivalents
ASC Codification Topic 310: Receivables
ASC Codification Topic 320: Investments-Debt and Equity Securities
ASC Codification Topic 323: Investments-Equity Method and Joint Ventures
ASC Codification Topic 325: Investments-Other
ASC Codification Topic 330: Inventory
ASC Codification Topic 340: Other Assets and Deferred Costs
ASC Codification Topic 350: Intangibles-Goodwill and Other
ASC Codification Topic 360: Property, Plant, and Equipment

   U.S. GAAP Codification of Accounting Standards
Accounting Standards Codification, ASC, Overview
ASC Codification 200: Presentation
ASC Codification 300: Assets
ASC Codification 400: Liabilities
ASC Codification 500: Equity
ASC Codification 600: Revenue
ASC Codification 700: Expenses
ASC Codification 800: Broad Transactions
ASC Codification 900: Industry

U.S. GAAP by Topic
Accounting Topics

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