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Book Information
The most comprehensive guide to US GAAP—thoroughly updated to reflect the latest pronouncements
US GAAP is constantly being updated, requiring its users to be armed with expert interpretation and explanation of the relevant principles. Wiley GAAP 2021 provides the most complete coverage of all Financial Accounting Standards Board (FASB) Topics – including the latest updates.
Each chapter includes discussion of perspectives and issues, sources of GAAP, practice-oriented examples, and accurate definitions of terms, concepts, and rules. Every FASB Topic is fully explained in a clear, reader-friendly way with dynamic graphics to aid in understanding complex topics. Extensively updated to reflect all current US GAAP changes, this indispensable book:
Reviews the latest changes to accounting principles, including credit losses, inventory, financial instruments, leases, and revenue
Offers expert guidance on issues surrounding specific pronouncements
Includes comprehensive cross-references and topic-specific appendices
Explains how the standards apply to common real-world scenarios
Clarifies implementation through numerous illustrations and practical examples Accurate and up-to-date GAAP implementation is crucial for eliminating the risk of noncompliance. Wiley GAAP 2021 is your one-stop resource for staying up-to-date with constantly-changing guidelines—providing the insight and guidance accounting professionals need.
Book ID Asin: 111973617X
Book Title: Wiley GAAP 2021: Interpretation and Application of Generally Accepted Accounting Principles (Wiley Regulatory Reporting)
Book Author: Joanne M. Flood
Book Format: unknownBook Price: unknown
Book Category: Books, Business & Money, Finance and unknown
Book Rating: 27 ratings
Book Product Detail
Publisher ‏ : ‎ Wiley; 2nd edition (March 9, 2021)
Language ‏ : ‎ English
Paperback ‏ : ‎ 1424 pages
ISBN-10 ‏ : ‎ 111973617X
ISBN-13 ‏ : ‎ 978-1119736172
Item Weight ‏ : ‎ 4.12 pounds
Dimensions ‏ : ‎ 7.4 x 3.1 x 9.3 inches
Best Sellers Rank: #881,627 in Books (See Top 100 in Books)
#99 in Accounting Standards (Books)
#518 in Accounting (Books)
#706 in Financial Accounting (Books)
Customer Reviews:
4.7 out of 5 stars 27 ratings
From the Inside Flap
Accounting
The most practical, authoritative guide to GAAP
Wiley GAAP 2021 contains complete coverage of the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification® (ASC), the source of authoritative generally accepted accounting principles (GAAP). 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 and implementation issues.
The 2021 edition reflects the new FASB guidance on:
Revenue recognition
Leases
Business combinations
Pensions
Financial instruments
And more than 17 other new FASB Accounting Standards Updates
Providing interpretive guidance, analytical explanations, graphic tools, and more than 300 real-world, examples and illustrations, this invaluable guide offers clear, user-friendly guidance on every ASC topic in the codification.
Offers insight into the application of complex financial reporting rules Contains a detailed index for easy reference use
Includes comprehensive cross-referencing to the FASB codification system, making it efficient for you to perform in-depth research
As a bonus, a comprehensive, downloadable, disclosure checklist offers practical guidance to preparing financial statements for commercial entities in accordance with GAAP. For easy reference and research, the checklist follows the order of the codification.
With easy-to-access information, Wiley GAAP offers complete coverage of the FASB codification.
From the Back Cover
Accounting
The most practical, authoritative guide to GAAP
Wiley GAAP 2021 contains complete coverage of the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification® (ASC), the source of authoritative generally accepted accounting principles (GAAP). 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 and implementation issues.
The 2021 edition reflects the new FASB guidance on:
Revenue recognition
Leases
Business combinations
Pensions
Financial instruments
And more than 17 other new FASB Accounting Standards Updates
Providing interpretive guidance, analytical explanations, graphic tools, and more than 300 real-world, examples and illustrations, this invaluable guide offers clear, user-friendly guidance on every ASC topic in the codification.
Offers insight into the application of complex financial reporting rules Contains a detailed index for easy reference use
Includes comprehensive cross-referencing to the FASB codification system, making it efficient for you to perform in-depth research
As a bonus, a comprehensive, downloadable, disclosure checklist offers practical guidance to preparing financial statements for commercial entities in accordance with GAAP. For easy reference and research, the checklist follows the order of the codification.
With easy-to-access information, Wiley GAAP offers complete coverage of the FASB codification.
Read more
Book Review
Name: allan b. afterman
Rating: 4.0 out of 5 stars
Title: Well done
Date: Reviewed in the United States on November 21, 2021
Review: Comprehensive in most areas..
Name: Arod
Rating: 2.0 out of 5 stars
Title: Technical Subject
Date: Reviewed in the United States on July 17, 2021
Review: I have purchased several of these GAAP Guides since 2004. They are very technical books that are useful in practice. The author has good qualifications but not the strongest for books of this technical nature.
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