Wiley Gaap 2008: Interpretation and Application of Generally Accepted Accounting Principles (Wiley GAAP: Interpretation and Application of Generally Accepted Accounting Principles) - Tapa blanda

This is the most practical, authoritative guide to GAAP. "Wiley GAAP 2008" delivers the most recent professional standards developments, in addition to detailed analysis of all generally accepted accounting principles (GAAP), explaining the original, highly technical pronouncements in easy-to-understand terms and providing battle-tested, real-world examples and implementation guidance. "Wiley GAAP 2008" contains a host of completely updated examples. This annual publication offers expert interpretation and explanation of all accounting principles currently effective or being deliberated in one single book. The authors provide 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. All pronouncements are explained with relevant terminology and practice-oriented real-world examples. Each chapter is composed of a discussion of perspectives and issue, sources of GAAP, a definition of terms, concepts, rules and examples, and for some chapters, specific appendices. "Wiley GAAP 2008" contains a detailed index for easy reference use. Barry J.Epstein (Chicago, IL) is a partner with Russell Novak & Company, LLP, where he specializes in technical consultation on accounting and auditing matters, litigation consulting, and corporate governance. Ralph Nach (Chicago, IL) is a partner in the National Office of Audit and Accounting of McGladrey & Pullen, LLP, where he specializes in technical consultation and continuing professional education. Steven M. Bragg (Centennial, CO) has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young. He is the author of 27 books published by Wiley.

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 2008 delivers updates on the most recent developments and analyses of all generally accepted accounting principles (GAAP), explaining the original, highly technical pronouncements in easy-to-understand terms and providing practical implementation guidance. Unlike other guides, Wiley GAAP 2008 offers complete coverage of all levels of 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 2008 contains updates for a host of new developments such as:

• A new chapter providing comprehensive coverage of FAS 159 that fundamentally changes the measurement and disclosure of fair values throughout the GAAP literature and provides management with flexible election alternatives to use fair value measurements to account for financial assets and liabilities

• Full coverage of newly effective (2007) and highly controversial requirements for accounting for the effects of uncertainty in income taxes (FIN 48)

• Recent changes that require more frequent remeasurements of leveraged lease transactions

• Accounting for planned major maintenance activities

• Accounting for sabbatical leave and other similar benefits

• Expansion of the definition of a public company for the purpose of applying certain pre-existing GAAP (FSP FAS 126-1)

• Full coverage of all newly issued FASB staff positions and EITF consensus