Wiley practitioner's guide to GAAP 2021 : interpretation and application of generally accepted accounting principles / Joanne M. Flood.

Format:

Book

Author/Creator:

Flood, Joanne M., author.

Series:

Wiley Regulatory Reporting

Language:

English

Subjects (All):

Accounting--Standards.

Accounting.

Physical Description:

1 online resource (1,420 pages)

Edition:

2nd.

Other Title:

Practitioner's guide to GAAP 2021 : interpretation and application of Generally Accepted Accounting Principles

Place of Publication:

Hoboken, New Jersey : Wiley, [2021]

Summary:

"US GAAP is constantly being updated, requiring its users to be armed with expert interpretation and explanation of the relevant principles. Wiley GAAP 2021 provides the most complete coverage of all Financial Accounting Standards Board (FASB) Topics – including the latest updates. Each chapter includes discussion of perspectives and issues, sources of GAAP, practice-oriented examples, and accurate definitions of terms, concepts, and rules. Every FASB Topic is fully explained in a clear, reader-friendly way with dynamic graphics to aid in understanding complex topics. Accurate and up-to-date GAAP implementation is crucial for eliminating the risk of noncompliance. Wiley GAAP 2021 is your one-stop resource for staying up-to-date with constantly-changing guidelines—providing the insight and guidance accounting professionals need." -- Publisher's description.

Contents:

Generally Accepted Accounting Principles

Presentation of Financial Statements

Balance Sheet

Statement of Shareholder Equity

Income Statement—Reporting Comprehensive Income

Statement of Cash Flows

Notes to Financial Statements

Accounting Changes and Error Corrections

Changing Prices

Earnings per Share

Interim Reporting

Limited Liability Entities

Personal Financial Statements

Risks and Uncertainties

Segment Reporting

Receivables

Investments—Debt Securities

Investments—Equity Securities

Investments—Equity Method and Joint Ventures

Investments—Other

Financial Instruments—Credit Losses

Inventory

Other Assets and Deferred Costs

Intangibles—Goodwill and Other

Property, Plant, and Equipment

Liabilities

Asset Retirement and Environmental Obligations

Exit or Disposal Cost Obligations

Deferred Revenue and Contract Liabilities

Commitments

Contingencies

Guarantees

Debt

Distinguishing Liabilities from Equity

Equity

Revenue Recognition

Revenue from Contracts with Customers

Other Income

Cost of Sales and Services

Compensation—General

Compensation—Nonretirement Post-Employment Benefits

Compensation—Retirement Benefits

Compensation—Stock Compensation

Other Expenses

Research and Development

Income Taxes

Business Combinations

Collaborative Arrangements

Consolidations

Derivatives and Hedging

Fair Value Measurements

Financial Instruments

Foreign Currency Matters

Interest

Leases

Nonmonetary Transactions

Reference Rate Reform

Related-Party Disclosures

Reorganizations

Service Concession Arrangements

Notes:

Description based on print version record.

Codification Taxonomy -- Generally Accepted Accounting Principles -- Presentation of Financial Statements -- Balance Sheet -- Statement of Shareholder Equity -- Income Statement-Reporting Comprehensive Income -- Statement of Cash Flows -- Notes to Financial Statements --a Accounting Changes and Error Corrections -- Changing Prices -- Earnings Per Share -- Interim Reporting -- Limited Liability Entities -- Personal Financial Statements -- Risks and Uncertainties -- Segment Reporting -- Receivables -- Investments-Debt and Equity Securities -- Investments-Debt Securities -- Investments-Equity Securities -- Investments-Equity Method and Joint Ventures -- Investments-Other -- Financial Instruments-Credit Losses -- Inventory -- Other Assets and Deferred Costs -- Intangibles-Goodwill and Other -- Property, Plant, and Equipment -- Liabilities -- Asset Retirement and Environmental Obligations -- Exit or Disposal Cost Obligations -- Deferred Revenue -- Commitments -- Contingencies -- Guarantees -- Debt -- Distinguishing Liabilities from Equity -- Equity -- Revenue Recognition -- Revenue from Contracts with Customers -- Other Income -- Cost of Sales and Services -- Compensation-General -- Compensation-Nonretirement Post-Employment Benefits -- Compensation-Retirement Benefits -- Compensation- Stock Compensation -- Other Expenses -- Research and Development -- Income Taxes -- Business Combinations -- Collaborative Arrangements -- Consolidations -- Derivatives and Hedging -- Fair Value Measurements -- Financial Instruments -- Foreign Currency Matters -- Interest -- Leases -- Leases -- Nonmonetary Transactions -- Related-Party Disclosures -- Reorganizations -- Service Concession Arrangements -- Subsequent Events -- Transfers and Servicing -- Specialized Industry GAAP -- Appendix A: Definitions of Terms -- Appendix B: Disclosure and Presentation Checklist for Commercial Businesses.

ISBN:

9781119736202

111973620X

9781119736189

1119736188

9781119736196

1119736196

OCLC:

1241977308