This up-to-date accounting reference book contains information and instructions on dozens of finance and taxation subjects, helping CPAs and other tax professionals understand and apply a range of relevant principles, requirements, and rules.
Both new CPAs and experienced financial professionals alike can benefit from the Accounting Desk Book (2024) published by Wolters Kluwer. This up-to-date accounting reference book contains information and instructions on dozens of finance and taxation subjects, helping CPAs and other tax professionals understand and apply a range of relevant principles, requirements, and rules.
Features of Accounting Desk Book (2024)
Accounting Desk Book (2024) presents a practical, straightforward discussion of significant subjects in accounting and taxation. It promises comprehensive, informative subject matter while simultaneously being easy to navigate, making it a handy desk reference for busy accountants. Its contents include sections on the following topics:
- Financial reporting
- Standards of accounting
- Accounting procedures
- Niche topics in finances
- United States Securities and Exchange Commission (SEC) accounting and oversight
- Investments
- Tax matters
Each section also includes important pronouncements from the Financial Accounting Standards Board (FASB), Government Accounting Standards Board (GASB), and International Accounting Standards Board (IASB). There is also updated insight on the activities related to the Public Company Accounting Oversight Board (PCAOB).
All of this information is followed by discussions of how to apply these topics to accounting practices. Accounting Desk Book (2024) examines criteria for required disclosures and reviews while updating the reader on specialized topics. This key information enables accountants to engage in new areas of practice, confidently field questions from clients, and complete transactions properly.
Benefits of Using Accounting Desk Book
The Desk Book offers straightforward discussion of significant developments that help the accountant understand and apply relevant accounting principles, legal requirements and tax rules. This handy guide examines the financial reporting presentation requirements and required disclosures and reviews and updates the reader on specialized accounting topics needed for the proper treatment of a transaction. The book provides information that is key to the consideration of an engagement in a new area of practice or to field a client's question. New developments are discussed within the context of the topics in each chapter.