Wiley Practitioner's Guide to GAAP 2023: Interpretation and Application of Generally Accepted Accounting Principles

  • 30h 40m
  • Joanne M. Flood
  • John Wiley & Sons (US)
  • 2022

The gold standard in US GAAP resources—fully revised to reflect the latest pronouncements

US GAAP undergoes constant revision and review, requiring accountants and other financial practitioners to keep a close eye on updates and changes. Wiley GAAP 2023 offers the most comprehensive coverage of all Financial Accounting Standards Board (FASB) Topics—including all the latest updates.

Every chapter offers a discussion of relevant perspectives and issues, GAAP sources, practice-oriented examples, and clear definitions of terms, concepts, and rules. Every FASB Topic is clearly explained in a reader-friendly way and includes dynamic graphics to help the reader understand and retain the nuanced subject matter.

Extensively updated to reflect all current US GAAP changes, this invaluable practice resource:

  • Reviews all the latest changes to accounting principles
  • Offers expert guidance on complex issues raised by specific pronouncements
  • For ease of research, includes topic-specific chapters and comprehensive cross-references
  • Illustrates how each standard applies to common, real-world scenarios
  • Clarifies how to implement each standard with numerous practical examples

The 2023 edition includes the latest revisions to standards on credit losses, leases, derivatives, and more, plus guidance on a new FASB Codification topic on government assistance.

Non-compliance with GAAP is not an option for effective accounting and financial professionals. Wiley GAAP 2023 is your one-stop resource for staying current with constantly evolving guidelines and delivers the insight and guidance you need.

BONUS: Online, downloadable Financial Statement Disclosure and Presentation Checklist, now including industry- specific disclosures!

About the Author

Joanne M. Flood, MBA, CPA, has worked with small business and large enterprise clients. She has worked for a Big 4 international firm and a small firm. Formerly a senior manager in the AICPA’s Professional Development Group, Joanne has produced training materials on accounting in a wide variety of media.

In this Book

  • Codification Taxonomy
  • ASC 105 Generally Accepted Accounting Principles
  • ASC 205 Presentation of Financial Statements
  • ASC 210 Balance Sheet
  • ASC 215 Statement of Shareholder Equity
  • ASC 220 Income Statement—Reporting Comprehensive Income
  • ASC 230 Statement of Cash Flows
  • ASC 235 Notes to Financial Statements
  • ASC 250 Accounting Changes and Error Corrections
  • ASC 255 Changing Prices
  • ASC 260 Earnings per Share
  • ASC 270 Interim Reporting
  • ASC 272 Limited Liability Entities
  • ASC 274 Personal Financial Statements
  • ASC 275 Risks And Uncertainties
  • ASC 280 Segment Reporting
  • ASC 310 Receivables
  • ASC 320 Investments—Debt Securities
  • ASC 321 Investments—Equity Securities
  • ASC 323 Investments—Equity Method And Joint Ventures
  • ASC 325 Investments—Other
  • ASC 326 Financial Instruments—Credit Losses
  • ASC 330 Inventory
  • ASC 340 Other Assets And Deferred Costs
  • ASC 350 Intangibles—Goodwill And Other
  • ASC 360 Property, Plant, And Equipment
  • ASC 405 Liabilities
  • ASC 410 Asset Retirement And Environmental Obligations
  • ASC 420 Exit Or Disposal Cost Obligations
  • ASC 430 Deferred Revenue And Contract Liabilities
  • ASC 440 Commitments
  • ASC 450 Contingencies
  • ASC 460 Guarantees
  • ASC 470 Debt
  • ASC 480 Distinguishing Liabilities From Equity
  • ASC 505 Equity
  • ASC 605 Revenue Recognition
  • ASC 606 Revenue From Contracts With Customers
  • ASC 610 Other Income
  • ASC 705 Cost Of Sales And Services
  • ASC 710 Compensation—General
  • ASC 712 Compensation— Nonretirement Post-Employment Benefits
  • ASC 715 Compensation—Retirement Benefits
  • ASC 718 Compensation—Stock Compensation
  • ASC 720 Other Expenses
  • ASC 730 Research And Development
  • ASC 740 Income Taxes
  • ASC 805 Business Combinations
  • ASC 808 Collaborative Arrangements
  • ASC 810 Consolidations
  • ASC 815 Derivatives And Hedging
  • ASC 820 Fair Value Measurements
  • ASC 825 Financial Instruments
  • ASC 830 Foreign Currency Matters
  • ASC 832 Government Asssistance
  • ASC 835 Interest
  • ASC 842 Leases
  • ASC 845 Nonmonetary Transactions
  • ASC 848 Reference Rate Reform
  • ASC 850 Related Party Disclosures
  • ASC 852 Reorganizations
  • ASC 853 Service Concession Arrangements
  • ASC 855 Subsequent Events
  • ASC 860 Transfers And Servicing
  • ASC 900s Specialized Industry GAAP
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