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The most practical, authoritative guide to GAAP
Beginning July 1, 2009, the Financial Accounting Standards Board’s (FASB’s) Accounting Standards CodificationTM (ASC) has superseded virtually all promulgated generally accepted accounting principles (GAAP), replacing what had previously comprised four levels in the GAAP hierarchy with a single set of codified GAAP. The objective was to create a new, clearer indexing system that is much easier to access and use to research solutions to real-world financial reporting problems. Although the Codification does not itself change U.S. GAAP, it has comprehensively reorganized the myriad GAAP rules (FASB statements, AICPA statements of position, EITF consensus, guidance from audit and accounting guides, FASB staff positions, etc.) into a single, easy-to-use compendium conveniently organized by topic or subject.
Wiley GAAP 2011 contains, as did its predecessor editions, complete coverage of all levels of GAAP, now indexed to the ASC. Wiley GAAP renders GAAP more understandable and accessible for research, and has been designed to reduce the amount of time and effort needed to solve accounting research issues. As it has since its inception in 1985, Wiley GAAP provides interpretive guidance and a wealth of real-world, content-rich examples and illustrations to provide the type of insight into the application of complex financial reporting rules that traditional handbooks and their “plain vanilla” illustrations simply cannot offer.
Wiley GAAP 2011 is your one necessary authoritative guide to GAAP under the new codification system. This invaluable resource makes learning the ASC system a breeze, with at-your-fingertips information that does the work for you. Practicable and reliable, Wiley GAAP 2011 is the essential tool to navigate these waters.-Provides interpretive guidance and a wealth of real-world, content-rich examples and illustrations
-Offers insight into the application of complex financial reporting rules
-Contains detailed index for easy reference use
-Includes a comprehensive cross-reference of accounting topics to the new FASB codification system
-Offers clear, user-friendly guidance on every pronouncement including FASB Technical Bulletins, AcSEC Practice Bulletins, FASB Implementation Guides, AICPA Statements of Position, and AICPA Accounting Interpretations
-Other titles by Epstein and Nach: Wiley GAAP Codification Enhanced
-Other titles by Bragg: Wiley Practitioner's Guide to GAAS 2010
With easy-to-access information, this practicable and reliable resource offers complete coverage of the entire GAAP hierarchy.
The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.
The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.