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GAAP Handbook of Policies and Procedures (2024)

GAAP Handbook of Policies and Procedures (2024)

  • 作者:
  • 出版商: CCH U.S.
  • ISBN: 9780808059028
  • 出版时间 January 2024
  • 规格: Paperback , 1800 pages
  • 适应领域: U.S. ? 免责申明:
    Countri(es) stated herein are used as reference only

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  • 描述 
  • 大纲 
  • 作者 
  • 详细

    The GAAP Handbook of Policies and Procedures is the most complete and user-friendly source of on-the-job help for applying generally accepted accounting principles in practice. It provides guidance in resolving any issues and problems that the accountant may face day-to-day in applying GAAP.

    The GAAP Handbook provides many rules of thumb. Its content includes informative rules, policies, and procedures applicable to CPAs and may be used as a training medium.

    This practical reference contains all of the important authoritative pronouncements on GAAP with references to ASC codification, and the corresponding references to the original literature, including APB Opinions, Accounting Research Bulletins, FASB Statements, Staff Positions, Interpretations, Technical Bulletins, and Concepts, as well as AICPA Statements of Position as an aid. Securities and Exchange Financial Reporting Releases and EITF Issues are also covered when appropriate.

    This volume contains accounting principles, financial reporting presentation requirements, required and recommended disclosures, and specialized accounting topics. The book includes examples, tables, exhibits, and practice aids that demonstrate how to apply GAAP in practice. In some cases, flowcharts are presented to explain, in clearer terms, the practitioner's decision process in applying a pronouncement. Current footnotes from annual reports provide clear examples of reporting.

  • PART I: FINANCIAL STATEMENTS

    • Reporting, Presentation, and Disclosures for the Income Statement
    • Revenue Recognition
    • Balance Sheet Reporting and Disclosures: Assets
    • Balance Sheet Presentation and Disclosures: Liabilities
    • Balance Sheet Reporting: Stockholders' Equity
    • Statement of Cash Flows
    • Other Financial Statement Types and Related Items
    • Disclosures

    PART II: MAJOR ACCOUNTING AREAS AND REPORTING

    • Accounting Changes and Error Corrections
    • Investments in Equity and Debt Securities
    • Business Combinations
    • Consolidation
    • Leases
    • Pension Plans and Other Postretirement Benefit Plans
    • Income Tax Accounting

    PART III: FOREIGN OPERATIONS AND DERIVATIVE INSTRUMENTS

    • Foreign Currency Translation and Transactions
    • Derivatives, Repurchase Agreements, and Disclosures of Credit Risk and Fair Values: Accounting, Reporting, and Disclosures
    • International Financial Reporting Standards: An Examination of Accounting Convergence

    PART IV: GAAP IN SPECIALIZED INDUSTRIES

    • Accounting in Specialized Industries
  • Joel G. Siegel, Ph.D., CPA, is a self-employed certified public accountant and professor of accounting at Queens College of the City University of New York. Previously, he was employed by Coopers & Lybrand and Arthur Andersen. Dr. Siegel has acted as a consultant in accounting to many organizations, including Citicorp, International Telephone and Telegraph, United Technologies, American Institute of CPAs, and Person-Wolinsky Associates. He is the author of 68 books and 300 articles on accounting topics. Dr. Siegel was the recipient of the Outstanding Educator of America Award and has served as chairperson of the National Oversight Board.

    Marc H. Levine, Ph.D., CPA, is a financial accounting consultant and professor of accounting at Queens College. Dr. Levine was previously associated with Deloitte & Touche. He has authored five books, as well as many articles that have appeared in major industry journals.

    Jae K. Shim, Ph.D., is a financial consultant to several companies and Professor of Accounting and Finance at California State University in Long Beach. Dr. Shim has 40 books to his credit and has published more than 50 articles in accounting and financial journals.

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