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The quick, complete, cross-referenced GAAP guide, with illustrations, explanations, and examples
Wiley GAAP 2015 contains the most comprehensive coverage of all GAAP pronouncements in a single volume, providing professionals with a complete reference to the entire GAAP hierarchy. This new edition includes the latest updates to the standards, along with AICPA ASEC statements of position and a comprehensive cross-reference of accounting topics to the new FASB codification system. All pronouncements are fully explained in detail, including terminology, and practice exercises demonstrate real-world application. Each chapter includes a discussion of perspectives and issues, sources of GAAP, definitions, concepts, rules, and examples, with specific appendices where applicable. This useful guide contains more examples and illustrations than any other GAAP reference, and all original pronouncements are referenced to the FASB Current Text.
GAAP is constantly being updated, and users require expert interpretation and explanation of relevant principles with every new pronouncement. This book provides clear, user-friendly guidance, including FASB Technical Bulletins, AcSEC Practice Bulletins, FASB Implementation Guides, and AICPA Statements of Position and Accounting Interpretations. Readers will:
- Refer to GAAP standards and ASEC statements quickly and easily
- Understand relevant terminology, concepts, and rules
- Study detailed examples to gain a solid working knowledge of the standards
- Gain confidence by practicing GAAP applications before using it in the field
This guide represents the most complete, comprehensive GAAP reference available, and the digital format allows for instant access to needed information through the point-and-click index and Table of Contents. Busy professionals need to get up to speed quickly without sacrificing a solid understanding, and Wiley GAAP 2015 is the essential user-friendly reference.
- Sales Rank: #85758 in Books
- Published on: 2014-10-13
- Original language: English
- Number of items: 1
- Dimensions: 9.30" h x 2.82" w x 7.42" l, .0 pounds
- Binding: Paperback
- 1512 pages
From the Back Cover
The most practical, authoritative guide to GAAP
Wiley GAAP 2015 contains complete coverage of all levels of GAAP, 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. Providing interpretive guidance and a wealth of real-world, content-rich examples and illustrations, this invaluable guide 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.
- 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 FASB codification system
With easy-to-access information, this reliable resource offers complete coverage of the entire GAAP hierarchy.
Most helpful customer reviews
3 of 3 people found the following review helpful.
1000+ pages in the palm of your hand, I mean Kindle!
By Mk
(This review is for the Kindle version)
I'm currently studying for the CPA and I'm using this ebook as a reference guide when I need clarification on a certain topic. I love to have hard copy editions of all my textbooks/learning materials so I was hesitant to purchase this in the Kindle version. However, after seeing the hard copy edition in person, I realized I didn't want to lug a 1000+ page book around that is also a paperback (durability issues). So I purchased the Kindle version and I have to say I'm very satisfied.
It took a bit of getting used to but now I think I'm getting much more out of this book from the Kindle version than I would have with the paperback edition. If I need to find a sub-sub-topic, I just need to do a search, rather than poring over an index. Also, as in all Kindle books, I can find definitions as needed with a push of a button. Oh, I'm sorry, I mean tap, and hold ;) When I go to an appointment or some place that will require some waiting time, I have the entire GAAP book in my little Kindle Paperwhite. Maximizing my study time.
The only downside to the e-book version (assuming you are using a Kindle), is that large data tables are too big for the Kindle screen. Even if you bring the font size down to the size for ants to read, most tables would not fit. This results in cut off tables that could span multiple pages and pretty much have no utility. However, this problem is not a real issue because when I'm full on studying, I have my laptop out and i just use Kindle for PC software to read the book. There, the tables are shown in full and are completely readable and understandable.
As for the content itself, it's very clear and well-written with many examples. I love the book because it gives you the authoritative GAAP rules but also the reasoning behind those rules which really helps me understand why some rules are the way they are.
2 of 2 people found the following review helpful.
Great Accounting Guide
By Ross
Wiley provides so many great accounting resources and this is one of them. I passed the CPA exam on my own thanks to Wiley products. This guide provides pretty good explanations on the ASC from FASB and includes some good examples.
The one downside is that the guide is a little dry, but that is to be expected.
2 of 2 people found the following review helpful.
Logical layout and thoughtful insights
By Alan Reich
Each year I look forward to the release of this great resource. It's logical layout and thoughtful insights and examples are just two of the many reasons this guide has always been on my desk, and always will be. Keep up the great work!
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