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Wiley GAAP 2007 delivers the most recent developments and analysis of all generally accepted accounting principles (GAAP), restating the original, highly technical pronouncements in easy-to-understand terms and providing battle-tested implementation guidance.
- Sales Rank: #3635497 in Books
- Published on: 2006-09-29
- Original language: English
- Number of items: 1
- Dimensions: 9.17" h x 1.81" w x 7.54" l, 4.26 pounds
- Binding: Paperback
- 1288 pages
- ISBN13: 9780471798200
- Condition: Used - Very Good
- Notes: 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!
From the Back Cover
The most practical, authoritative guide to GAAP
Amidst a national parade of corporate scandals, accounting professionals require a timely, rock-solid resource in order to instill clients and investors with the confidence they have come to expect. Wiley GAAP 2007 delivers the most recent developments and analysis of all generally accepted accounting principles (GAAP), restating the original, highly technical pronouncements in easy-to-understand terms and providing battle-tested implementation guidance. Unlike other guides, Wiley GAAP 2007 offers complete coverage of Levels A, B, and C GAAP in a single volume, including EITF issues that have not yet been reduced to consensus, as well as EITF Appendix D discussion matters. Wiley GAAP 2007 contains a host of completely updated features, such as:
- A streamlined format that helps readers find what they need to know quickly
- Comprehensive coverage of FAS 154, which fundamentally alters the reporting of accounting changes
- Full coverage of the forthcoming (mid 2006) requirements on accounting for the effects of uncertain tax positions
- New standard on hybrid financial instruments (FAS 155)
- New standard on accounting for financial instrumentservicing rights (FAS 156)
- Complete coverage of the proposed standard on financial reporting of defined benefit pension and other postretirement benefit plan assets and liabilities
- Full coverage of all FASB staff positions issued
Featuring numerous real-world examples, illustrations, and helpful practice hints that are extremely user-friendly, Wiley GAAP 2007 is designed with the needs of the reader in mind. Covering the entire GAAP hierarchy, Wiley GAAP addresses all effective pronouncements, including:
- FASB Interpretations
- FASB Technical Bulletins
- FASB Statements of Financial Accounting Concepts
- FASB Statements of Financial Accounting Standards (SFASs)
- Consensus Opinions of the Emerging Issues Task Force of the FASB
- AICPA Statements of Position
- Accounting Research Bulletins
- Accounting Principles Board Opinions
- AICPA Audit and Accounting Guides
As clients demand accounting procedures they can trust, accountants require up-to-date reference materials they know they can depend on. More than any other resource, Wiley GAAP 2007 provides the indispensable tools for the accounting professional.
About the Author
Barry J. Epstein, PhD, CPA, 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 maintains a practice as a consulting and testifying expert for commercial and other litigation matters, including accountants’ malpractice, contractual dispute resolution, damages modeling, and white-collar criminal defense. He has previously served in senior technical and litigation consulting positions with several regional and national CPA firms, and as a corporate finance executive and college professor. Dr. Epstein has authored or coauthored six books (including Wiley IFRS Interpretation and Application), hundreds of professional education courses, several articles in professional journals, and a weekly business column for an international newspaper. He has served on several state and national technical committees, including the AICPA’s Board of Examiners, served as chair of the Illinois CPA Society’s senior accounting technical committee, and held teaching positions at several universities. Dr. Epstein received his doctorate from the University of Pittsburgh, and also holds degrees from DePaul University and the University of Chicago. He is a member of the Illinois CPA Society, the AICPA, and the American Accounting Association.
Ralph Nach, CPA, is a partner in the National Office of Audit and Accounting of McGladrey & Pullen, LLP. Mr. Nach has been a practitioner for over thirty years, during which he has specialized in accounting, auditing, and financial reporting issues. Mr. Nach holds a BSBA with honors from the Walter E. Heller School of Business Administration of Roosevelt University in Chicago, and is a CPA in Illinois. Previously Mr. Nach served in capacities including accountant, auditor, technical reviewer, educator, and consultant for several public accounting firms including Arthur Andersen LLP, and taught graduate accounting and finance at Northwestern University in Evanston, Illinois. Mr. Nach has coauthored several other books and speaks nationally on accounting, auditing, and financial reporting topics. He is a member of the American Institute of Certified Public Accountants and is the immediate past chair of its Educational Management Exchange Subcommittee (EDMAX). He is also a member of the Information Systems Audit and Control Association (ISACA), the Illinois CPA Society, where he has served as a chairman and/or member of numerous committees, and an associate member of the Association of Certified Fraud Examiners.
Steven Bragg, CPA, CMA, CIA, CPIM, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young and auditor at Deloitte & Touche. He received a master’s degree in finance from Bentley College, an MBA from Babson College, and a Bachelor’s degree in Economics from the University of Maine. He is the author of 28 books, including Accounting Best Practices, The Ultimate Accountants’ Reference, and Controllership. He has been the two-time president of the Colorado Mountain Club. He resides with his wife and two daughters in Centennial, Colorado. Sign up for his free accounting best practices newsletter at www.stevebragg.com.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Excelent presentatipn and examples
By Clubdelectura
Reading technical matter is not always pleasant, but this book really helps you in the interpretation of the Generally Accapted Accounting Principles
6 of 6 people found the following review helpful.
Very Good Reference
By D. Borjesson
I've found the Wiley GAAP 2007 very useful in my work. I can easily crosswalked from APB opinions into updated interpretations and examples. In addition there are extra features not found in other single source AICPA publications. Excellent resource for anyone who is studying or works within the accounting profession.
8 of 9 people found the following review helpful.
Thorough Coverage, Great Price
By C. Shatzer
I had been purchasing the Miller GAAP Guide series, but got disgusted when they divided the subjects into 3 or 4 volumes and charged more for each volume than what they used to charge for the single comprehensive book. I decided to give Wiley a try to see if it would meet my needs for about $300 less. So far, it has given a good accounting of itself (pun intended), answering questions on leases, cash flow statements, and auditor reports. Before shelling out the big bucks for Miller or the Prentice Hall books, give Wiley a try. Amazon has the best price that I could find for it, substantially less than the publisher's web site.
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