Publisher's Synopsis
The 2006 Cumulative Supplement contains the following new chapters:
- Chapter 20A: Goodwill and Other Intangible Assets. This chapter includes a comprehensive examination of all current accounting literature bearing upon the financial reporting of intangible assets, with a new emphasis on the intellectual property rights that are increasingly the foundation for business operations. The impact of Sarbanes–Oxley on governance matters pertaining to intangible assets is also addressed.
- Chapter 44D: Cost–Volume–Revenue Analysis for Nonprofit Organizations. This chapter discusses how cost–volume–revenue (CVR) analysis, together with cost behavior information, can assist nonprofit managers in performing many useful planning analyses. By studying the relationships of costs, service volume, and revenue, nonprofit management is better able to cope with many planning decisions.
