Читать книгу Wiley GAAP: Financial Statement Disclosure Manual - Joanne M. Flood - Страница 55

ASC 220 applies to all entities except it does not apply to the following:

 Those that do not have any items of comprehensive income.

 Those not‐for‐profit entities that are required to follow the guidance in ASC 958‐205. (ASC 220‐10‐15‐3)

It applies to general purpose financial statements that present results of operations according to GAAP. (ASC 220‐10‐15‐5)

ASC 220 focuses on presentation and disclosure and does not address recognition and measurement requirements.