U.S. GAAP Codification of Accounting Standards

U.S. GAAP Codification IFRS International Standards Accounting Standards, ASC

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

Principles of Accounting Intermediate Financial AccountingU.S. GAAP Textbook
IFRS,  IFRS Dictionary IFRS U.S. GAAP Comparison IFRS Texbook
Securities Law Library,  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"

International Financial Reporting Standards (IFRS) 

   IAS 39: Financial instruments: recognition and measurement

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   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

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