Questions -
1. Use the master glossary to find the definition of cash. Then use the printer friendly version with sources to locate its associate archived standard. Use the codification to answer this question.
2. Summarize one industry accounting issue related to the motion picture industry. Use the codification to answer this question.
3. Use the Next-Generation Edgar system to find the most recent 10-K of a company of your choosing. Go to the company's web site and view the same document. How do the two documents differ?
4. Use the codification to identify accounting authority governing each of the following:
a. The accounting for prepaid advertising.
b. The accounting for the range of an estimated loss contingency.
c. The accounting for goodwill.
d. The accounting for the start-up costs, sometimes referred to as organizational costs.
5. Use the codification to answer the following:
a. What is contingency?
b. Precisely where in the authority did you find that definition?
c. Under what circumstances contingent losses are recorded?
d. Precisely where in the authority did you find the rule?