Chapter 2 — Financial Statement Accounting and Disclosure Topics 2.1 Business Combinations 2.1.1 Business Combination Versus Asset Acquisition 2.1.2 Determining the Accounting Acquirer 2.1.3 Assigning Amounts to Assets and Liabilities 2.1.4 Contingent Consideration 2.1.5 Disclosures 2.2 Consolidation 2.2.1 Determining Whether an Entity Is a VIE and Whether the Reporting Entity Is a VIE’s Primary Beneficiary 2.2.2 Required Disclosures for VIEs 2.3 Contingencies 2.3.1 Loss Contingencies 2.3.2 Litigation Contingencies 2.3.3 Asset Retirement Obligations 2.4 Debt 2.4.1 Restrictions 2.4.2 Financial Covenant Disclosures 2.4.3 Classification as Debt or Equity 2.5 Discontinued Operations, Assets Held for Sale, and Restructuring Charges 2.5.1 Discontinued Operations and Assets Held for Sale 2.5.2 Restructuring Charges 2.6 Earnings per Share 2.6.1 Two-Class Method 2.7 Fair Value 2.7.1 Valuation Techniques and Inputs 2.7.2 Use of Third-Party Pricing Services 2.8 Financial Instruments 2.8.1 Embedded Derivatives in Hybrid Instruments 2.8.2 Classification of Financial Instruments 2.9 Financial Statement Classification, Including Other Comprehensive Income 2.9.1 Balance Sheet Classification 2.9.2 Income Statement Classification 2.9.3 Cash Flow Statement Classification 2.9.4 Comprehensive Income — Disclosure 2.10 Foreign Currency 2.10.1 Determination of Functional Currency 2.10.2 Change in Functional Currency 2.10.3 Translation Adjustments 2.10.4 Disclosures in MD&A, Including Risks and Uncertainties 2.11 Impairments of Goodwill and Other Long-Lived Assets 2.11.1 Goodwill 2.11.2 Other Long-Lived Asset Impairments 2.12 Income Taxes 2.12.1 Valuation Allowances 2.12.2 Income Tax Rate (Including Rate Reconciliation and Effective Tax Rate) 2.12.3 Transaction-Specific Disclosures 2.12.4 Noncompliance With Disclosure Requirements 2.13 Inventory 2.14 Leases 2.14.1 Application of ASC 842 2.15 Materiality of Errors 2.16 Noncontrolling Interests 2.17 Pensions and Other Postretirement Benefits 2.18 Revenue Recognition 2.18.1 Significant Judgments 2.18.2 Performance Obligations 2.18.3 Contract Costs 2.18.4 Disaggregation of Revenue 2.18.5 Contract Balances 2.18.6 Remaining Performance Obligations 2.19 SAB Topic 11.M (SAB 74) — Disclosures About the Impact of Recently Issued Accounting Pronouncements 2.20 Segment Reporting 2.20.1 Identification of Operating Segments 2.20.2 Aggregation of Operating Segments 2.20.3 Changes in Reportable Segments 2.20.4 Reporting Considerations for Entities With a Single Reportable Segment 2.20.5 Multiple Segment Performance Measures 2.20.6 Entity-Wide Disclosures 2.21 Share-Based Payment Awards 2.21.1 Disclosures 2.21.2 Share-Based Payment Awards Issued by Nonpublic Entities 2.21.3 Significant Assumptions 2.21.4 Financial Statement Presentation