Wiley GAAP 2020: Interpretation and Application of Generally Accepted Accounting Principles (Wiley Regulatory Reporting) 1st Edition

Joanne M. Flood, MBA, CPA, (Rockville Centre, NY) has accounting experience within both a Big 4 international firm and a small firm. She has worked as a senior manager in the AICPA’s Professional Development group. Joanne received her MBA in Accounting Summa Cum Laude from Adelphi University. While in public accounting, she worked on major clients in retail, manufacturing, and finance and on small business clients in construction, manufacturing, and professional services. At the AICPA, she managed the development and wrote courses in the accounting and auditing product line. She also wrote and produced training materials in a wide variety of media, including print, video, and audio, and pioneered the AICPA’s e-learning product line.

The most practical, authoritative guide to GAAP

Wiley GAAP 2020 contains complete coverage of the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification^® (ASC), the source of authoritative generally accepted accounting principles (GAAP). Wiley GAAP renders GAAP more understandable and accessible for research and has been designed to reduce the amount of time and effort needed to solve accounting research and implementation issues.

The 2020 edition reflects the new FASB guidance on:

• Revenue recognition
• Leases
• Business combinations
• Pensions
• Financial instruments
• And more than 17 other new FASB Accounting Standards Updates

Providing interpretive guidance, analytical explanations, graphic tools, and more than 300 real-world, examples and illustrations, this invaluable guide offers clear, user-friendly guidance on every ASC topic in the codification.

• Offers insight into the application of complex financial reporting rules
• Contains a detailed index for easy reference use
• Includes comprehensive cross-referencing to the FASB codification system, making it efficient for you to perform in-depth research

As a bonus, a comprehensive disclosure checklist offers practical guidance to preparing financial statements for commercial entities in accordance with GAAP. For easy reference and research, the checklist follows the order of the codification.

With easy-to-access information, this reliable resource offers complete coverage of the FASB codification.