Wiley GAAP 2012: Interpretation and Application of Generally Accepted Accounting Principles
| Author | : | |
| Rating | : | 4.18 (538 Votes) |
| Asin | : | 0470923962 |
| Format Type | : | paperback |
| Number of Pages | : | 1344 Pages |
| Publish Date | : | 2016-01-05 |
| Language | : | English |
DESCRIPTION:
He has published over 30 books through John Wiley & Sons. Steven Bragg, CPA, (Centennial, CO), 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. Among his most prominent titles are Accounting Best Practices, 6th edition,
First, under GAAP, you charge all research and development costs to expense right away. And finally, it does sound pretty nifty to be able to revalue your fixed assets, but you also have to pay for the appraisals, so there is an out-of-pocket cost if you choose to go down that path. Of course, there is a problem with revaluing assets all the time, which is that it is expensive and it is time-consuming. But in IFRS, you charge research to expense but you capitalize development and then you amortize it. First, GAAP is very conservative and rigid when it comes to valuing fixed assets, whereas IFRS allows you to take advantage of fair value chan
Although the Codification does not itself change U.S. As it has since its inception in 1985, Wiley GAAP provides interpretive guidance and a wealth of real-world, content-rich examples and illustrations to provide the type of insight into the application of complex financial reporting rules that traditional handbooks and their "plain vanilla" illustrations simply cannot offer.Wiley GAAP 2012 is your one necessary authoritative guide to GAAP under the new codification system. From the Back CoverThe most practical, authoritative guide to GAAPThe Financial Accounting Standards Board's (FASB's) Accounting Standards Codification (ASC) has superseded virtually all promulgated generally accepted accounting principles (GAAP), replacing what had previously comprised four levels in the GAAP hierarchy with a single set of codified GAAP. Wiley GAAP renders GAAP more understandable and accessible for research, and has been designed to reduce the amoun
I. Alvarez said Excellent Guide!. I'm a CPA in public practice and use this guide as a good secondary source to gain a fast understanding of US GAAP. The author writes in plain English (rather than talking down to you like an academic), hence, you can find answers fast. This is one of the best practitioner guides to GAAP.If you purchase the book new, you will get a code and instructions to do. "she likes it" according to Elaine k.. I bought it for my sister in law who is studying/ reviewing, planning to take an exam. She wants me to buy this for her.. Wileys link to get ebook copy of book does not work When you buy this book you are also suppose to be able to download an ecopy of the book as well. The download link did not work. So I waited Wileys link to get ebook copy of book does not work G. Erickson When you buy this book you are also suppose to be able to download an ecopy of the book as well. The download link did not work. So I waited 45 min on Wiley help line for assistance and was told the link didn't work. I asked them to send me link to download book but no link was provided to get the ebook.. 5 min on Wiley help line for assistance and was told the link didn't work. I asked them to send me link to download book but no link was provided to get the ebook.