Wiley GAAP 2009: Interpretation and Application of Generally Accepted Accounting Principles (Wiley GAAP: Interpretation and Application of Generally Accepted Accounting Principles) - Tapa blanda

The most practical, authoritative guide to GAAP

The complexities of financial reporting?which for too many preparers, auditors, and users were only revealed through the exposure of scores of occurrences of reporting fraud in recent years?demand a reliable, readable GAAP resource.

Wiley GAAP 2009 provides in-depth coverage of the most recent developments and analyses of all U.S. generally accepted accounting principles (GAAP), explaining the original, highly technical pronouncements in easy-to-understand terms and with copious practical implementation guidance. Unlike other guides, Wiley GAAP 2009 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 2009 analyzes a host of new developments, such as:

• Comprehensive coverage of major new standards on accounting for business combinations (FAS 141®) and presentation of consolidated financial statements (FAS 160)

• Expanded disclosure requirements for derivative financial instruments and hedging activities (FAS 161)

• Interpretive guidance resulting from issuance of new FASB staff positions addressing the fair value hierarchy and transfers of financial assets

• Interpretive consensuses of the Emerging Issues Task Force about accounting for dividends on nonvested options, accounting for collaborative arrangements, and more

• Updated coverage of major ongoing FASB projects, including "convergence" efforts with the International Accounting Standards Board's IFRS

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

Featuring numerous real-world examples, illustrations, and helpful practice hints that are extremely user-friendly, Wiley GAAP 2009 is designed with the needs of readers and researchers in mind. Covering the entire GAAP hierarchy, Wiley GAAP 2009 addresses all effective pronouncements, including:

• FASB Statements of Financial Accounting Standards (SFAS)

• FASB Interpretations

• FASB Technical Bulletins

• FASB Statements of Financial Accounting Concepts

• FASB Staff Positions (FSP)

• Consensuses of the FASB's EmergingIssues Task Force

• AICPA Statements of Position

• Accounting Research Bulletins

• Accounting Principles Board Opinions

• AICPA Audit and Accounting Guides

As preparers, auditors, and financial statement users demand guidance about accounting procedures they can trust, they know they can depend on the number one GAAP resource, Wiley GAAP 2009?the title that for twenty-five years has provided the indispensable tools accounting professionals have needed.