{"product_id":"wiley-gaap-policies-and-procedures-isbn-9780470081839","title":"Wiley GAAP Policies and Procedures","description":"Now fully updated and at your fingertips the most practical, authoritative guide to implementing GAAP Get the answers you need to prepare financial statements and keep up to date on the latest FASB requirements. Now fully revised and updated, Wiley GAAP Policies and Procedures, Second Edition is an ideal companion to the Wiley GAAP guide and provides the practical application information essential to ensuring that a company's accounting systems are fully capable of incorporating the most recent GAAP. A concise version of the more detailed GAAP found in the Wiley GAAP guides, Wiley GAAP Policies and Procedures, Second Edition features handy, illustrative decision trees showing how to determine which GAAP ruling to use in a variety of situations, eliminating hours of time wading through detailed GAAP rulings and presents:\u003cbr\u003e * New chapters on interim reporting, segment reporting, and accounting changes and correction of errors\u003cbr\u003e * Updated content on FAS No. 151, Inventory Costs, FAS No. 153, Exchanges of Non-monetary Assets, FAS No. 154, Accounting Changes and Error Correction, FAS No. 156, Servicing of Financial Assets\u003cbr\u003e * Implementation on nineteen newly issued EITFs\u003cbr\u003e * Specific accounting policies that comply with GAAP, especially in terms of creating controls that mesh with GAAP\u003cbr\u003e * The most common accounting transactions modified to work within GAAP restrictions\u003cbr\u003e * Specific controls that allow the maximum level of control over accounting systems while remaining in compliance with GAAP\u003cbr\u003e * Templates for forms and reports that can be used in a GAAP-compliant accounting system\u003cbr\u003e * Numerous examples of footnotes that can be used to describe GAAP-mandated financial disclosures\u003cbr\u003e * Hundreds of GAAP-compliant journal entries for most accounting transactions\u003cbr\u003e Wiley GAAP Policies and Procedures, Second Edition is a valuable tool for CFOs, controllers, accounting managers, and general ledger accountants who need to ensure that their company properly treats all types of accounting transactions in accordance with GAAP.  \u003cp\u003e1 Researching GAAP Implementation Problems 1\u003c\/p\u003e \u003cp\u003e2 Cash, Receivables, and Prepaid Expenses 9\u003c\/p\u003e \u003cp\u003e3 Short-Term Investments and Financial Instruments 37\u003c\/p\u003e \u003cp\u003e4 Inventory 45\u003c\/p\u003e \u003cp\u003e5 Revenue Recognition 85\u003c\/p\u003e \u003cp\u003e6 Long-Lived Assets 137\u003c\/p\u003e \u003cp\u003e7 Investments 179\u003c\/p\u003e \u003cp\u003e8 Business Combinations and Consolidated Financial Statements 211\u003c\/p\u003e \u003cp\u003e9 Current Liabilities and Contingencies 229\u003c\/p\u003e \u003cp\u003e10 Long-Term Debt 255\u003c\/p\u003e \u003cp\u003e11 Leases 289\u003c\/p\u003e \u003cp\u003e12 Pensions and Other Postretirement Benefits 315\u003c\/p\u003e \u003cp\u003e13 Stockholders’ Equity 323\u003c\/p\u003e \u003cp\u003e14 Interim Reporting 369\u003c\/p\u003e \u003cp\u003e15 Segment Reporting 375\u003c\/p\u003e \u003cp\u003e16 Foreign Currency 383\u003c\/p\u003e \u003cp\u003eIndex 397\u003c\/p\u003e \u003cb\u003eSteven M. Bragg\u003c\/b\u003e, CPA, CMA, CIA, CPIM, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst \u0026amp; Young and auditor at Deloitte \u0026amp; 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 has been the two-time president of the Colorado Mountain Club, is an avid alpine skier and mountain biker, and is a certified master diver. Mr. Bragg resides in Centennial, Colorado. He is also the author of Accounting Best Practices and Design and Maintenance of Accounting Manuals, both from Wiley.  Now fully updated and at your fingertips the most practical, authoritative guide to implementing GAAP Get the answers you need to prepare financial statements and keep up to date on the latest FASB requirements. Now fully revised and updated, Wiley GAAP Policies and Procedures, Second Edition is an ideal companion to the Wiley GAAP guide and provides the practical application information essential to ensuring that a company's accounting systems are fully capable of incorporating the most recent GAAP. A concise version of the more detailed GAAP found in the Wiley GAAP guides, \u003ci\u003eWiley GAAP Policies and Procedures, Second Edition\u003c\/i\u003e features handy, illustrative decision trees showing how to determine which GAAP ruling to use in a variety of situations, eliminating hours of time wading through detailed GAAP rulings and presents:  \u003cul\u003e \u003cli\u003eNew chapters on interim reporting, segment reporting, and accounting changes and correction of errors\u003c\/li\u003e \u003cli\u003eUpdated content on FAS No. 151, Inventory Costs, FAS No. 153, Exchanges of Non-monetary Assets, FAS No. 154, Accounting Changes and Error Correction, FAS No. 156, Servicing of Financial Assets\u003c\/li\u003e \u003cli\u003eImplementation on nineteen newly issued EITFs\u003c\/li\u003e \u003cli\u003eSpecific accounting policies that comply with GAAP, especially in terms of creating controls that mesh with GAAP\u003c\/li\u003e \u003cli\u003eThe most common accounting transactions modified to work within GAAP restrictions\u003c\/li\u003e \u003cli\u003eSpecific controls that allow the maximum level of control over accounting systems while remaining in compliance with GAAP\u003c\/li\u003e \u003cli\u003eTemplates for forms and reports that can be used in a GAAP-compliant accounting system\u003c\/li\u003e \u003cli\u003eNumerous examples of footnotes that can be used to describe GAAP-mandated financial disclosures\u003c\/li\u003e \u003cli\u003eHundreds of GAAP-compliant journal entries for most accounting transactions\u003c\/li\u003e \u003c\/ul\u003e \u003ci\u003eWiley GAAP Policies and Procedures, Second Edition\u003c\/i\u003e is a valuable tool for CFOs, controllers, accounting managers, and general ledger accountants who need to ensure that their company properly treats all types of accounting transactions in accordance with GAAP.","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990491480293,"sku":"NP9780470081839","price":115.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470081839.jpg?v=1761788041","url":"https:\/\/k12savings.com\/es\/products\/wiley-gaap-policies-and-procedures-isbn-9780470081839","provider":"K12savings","version":"1.0","type":"link"}