Publisher's Synopsis
The most practical, easy–to–use Book available — The Leading GAAP resource
More accountants now rely on this handy quick–reference volume to help them interpret and apply the latest GAAP than any other professional resource. And with good reason. Not just a reiteration of current GAAP, it cuts through the confusion with clear, concise explanations of all the latest GAAP principles, rules, terminology, and concepts. Written by a dedicated team of authors, practitioners, and educators, extremely well–indexed, and thoroughly cross–referenced throughout, it offers instant answers to any questions you may have and arms you with proven solutions to a host of practical problems. Among the many outstanding features that have helped make this the bestselling GAAP resource are:
- The most up–to–date coverage of all financial accounting standards—issued annually
- More examples than any other GAAP resource
- Lucid illustrations of accounting transactions and their presentation in financial statements
- Summary charts and diagrams that illustrate the relationship between the standards and application
- Cross–references to all authoritative sources of GAAP, including FASB, ARB, SEC, APB,EITF, and others
- Coverage of all specialized GAAP, including real estate and retail land sales, banking and thrifts, nonprofits, franchises, government contracts, and 21 other industries
- Detailed explanations of key relationships and required disclosures for official pronouncements
- Extensive disclosure checklists, including SEC requirements
The most timely, practical, and easy–to–use GAAP resource available, GAAP 1995: Interpretation and Application is an indispensable tool of the trade for all accountants!
Electronic GAAP is also available! ISBN 0–471–05656–1
