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GAAP is a study of all Generally Accepted Accounting Principles set forth in the pronouncements of the Financial Accounting Standards Board and its predecessor agencies. All pronouncements are explained with relevant terminology and real-world examples.
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Expert, comprehensive resource lists all GAAP pronouncements with intepreations and applications of the authoritative accounting literature
The latest edition of this definitive, annual guide includes both AICPA accounting Standards Executive Committee Statements of Position and Emerging Issues Task Force Abstracts, explains with relevant terminology an practice-oriented, real-world examples. Each chapter contains a through analysis of its topic, sources of GAAP, definitions of terms, concepts, and rules, and specific appendices when appropriate. This indispensable staple of corporate and public accountants and CPA candidates also provides a detailed index for easy reference use.
The most practical, authoritative guide to GAAP
Amidst a national parade of corporate scandals, accounting professionals require a timely, rock-solid resource in order to instill clients and investors with the confidence they have come to expect. Wiley GAAP 2003 delivers the most recent developments and analysis of all generally accepted accounting principles (GAAP), restating the original, highly-technical pronouncements in easy-to-understand terms and providing battle-tested implementation guidance. Unlike other guides, Wiley GAAP offers complete coverage of Levels A, B, and C GAAP in a single volume, including EITF issues that have not yet been reduced to consensus as well as EITF Appendix D discussion matters. Wiley GAAP 2003 contains a host of completely updated features, such as:
Featuring numerous real-world examples, illustrations, and helpful practice hints that are extremely user friendly, Wiley GAAP 2003 is designed with the needs of the reader in mind. Covering the entire GAAP hierarchy, Wiley GAAP addresses all effective pronouncements, including:
As clients demand accounting procedures they can trust, so accountants require up-to-date reference materials they know they can depend on. More than any other resource, Wiley GAAP 2003 provides the indispensable tools for the accounting professional.
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