Wiley GAAP Codification Enhanced - Softcover

Epstein, Barry J.; Nach, Ralph; Bragg, Steven M.

Softcover

ISBN 10: 0470464712 ISBN 13: 9780470464717

Publisher: John Wiley & Sons, 2009

Synopsis

The essential guide to the new GAAP Accounting Standards Codification Wiley′s long–running series of annual GAAP references has been the essential series for accountants using U.S. Generally Accepted Accounting Standards for more than a generation. Every year, the Federal Accounting Standards Board (FASB) adds more rulings and more details to the end of an already long and complicated list, and Wiley GAAP brings order to the chaos.But this year is different: the FASB has spent several years and a reported $13 million consolidating all of those many and varied pronouncements on standards into a single, integrated Accounting Standards Codification (ASC). Under the old system, GAAP pronouncements were listed chronologically. Now newly codified standards will be listed by subject–so information is easier to find then ever. In April of 2009, when the FASB switches to the new ASC, every accountant in the nation will need a guide to the new system. Wiley GAAP Codification Enhanced is a full and complete guide to using the newly reorganized standards, providing complete coverage of all levels of GAAP in a single volume. It explains the original, highly technical pronouncements in easy–to understand terms with copious practical implementation guidance. Barry J. Epstein (Chicago, IL) is a partner with Russell Novak & Company, LLP, where he specializes in technical consultation on accounting and auditing matters and corporate governance. Ralph Nach (Chicago, IL) is a Vice–President of AuditWatch, Inc., for whom he writes, teaches, and consults on a wide range of accounting, auditing, and financial reporting matters. 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 more than 30 Wiley titles.

About this title

About the Author

Barry J. Epstein is a partner with Chicago–based Russell Novak & Company, LLP, where he specializes in technical consultation on accounting and auditing matters and corporate governance, and serves as a consulting and testifying expert for various litigation matters. Ralph Nach is a Vice President of AuditWatch, Inc., where he writes, teaches, and consults on a wide range of accounting, auditing, and financial reporting matters. Steven M. Bragg 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 more than thirty Wiley titles.

From the Back Cover

Your single, authoritative source to GAAP under the new Accounting Standards Codification (ASC) system By mid–2009, the Financial Accounting Standards Board (FASB) is expected to release its Accounting Standards Codification (ASC), a new, clearer indexing system that is much easier to access and research. Though the Codification does not change U.S. generally accepted accounting principles (GAAP), it does reorganize the thousands of U.S. GAAP pronouncements from difficult–to–use chronological listings and multiple series of pronouncements into a single, easily accessible source conveniently organized by topic/subject. Arriving at just the right time, Wiley GAAP Codification Enhanced contains complete coverage of all levels of GAAP, as well as integrated cross–references to the new ASC. In addition, Wiley GAAP Codification Enhanced renders GAAP more understandable and accessible for research and is designed to reduce the amount of time and effort you spend to solve accounting research issues. Your authoritative guide to GAAP under the new codification system, this invaluable resource makes learning the new ACS system a breeze, with at–your–fingertips information that does the work for you. Practical and reliable, Wiley GAAP Codification Enhanced is your essential tool to navigate through these new, uncharted waters.

From the Inside Flap

Wiley GAAP Codification Enhanced

- Contains instructions for how to access and use FASB's new GAAP Codification Web site

- Cross-references previous GAAP references against the new Accounting Standards Codification (ASC)

- Notes relevant ASC at the beginning of each chapter

Edition details

• Publisher: John Wiley & Sons
• Publication date: 2009
• Language: English
• ISBN 10: 0470464712
• ISBN 13: 9780470464717
• Binding: Paperback
• Number of pages: 1368