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