{"product_id":"wiley-gaap-2025-isbn-9781394199747","title":"Wiley GAAP 2025","description":"\u003cp\u003e\u003cb\u003eThe gold standard in US GAAP resources—completely revised to include the newest pronouncements\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eUS GAAP is consistently reviewed and updated, which requires accountants and financial practitioners to keep one eye on revisions and changes. \u003ci\u003eWiley GAAP 2025\u003c\/i\u003e delivers comprehensive coverage of all Financial Accounting Standards Board (FASB) Topics—along with all the latest updates. \u003c\/p\u003e\u003cp\u003eEach chapter provides a discussion of perspectives and issues, GAAP sources, practice-oriented examples, and concise definitions of concepts, rules, and terms. Every Topic is clearly explained in an easy-to-understand way and is accompanied by illustrations and graphics that help the reader apply the information. \u003c\/p\u003e\u003cp\u003eThis practice resource: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eReviews the latest changes to accounting principles\u003c\/li\u003e \u003cli\u003eProvides authoritative guidance on complicated issues raised by specific pronouncements\u003c\/li\u003e \u003cli\u003eIncludes topic-specific chapters and cross-references for easy research\u003c\/li\u003e \u003cli\u003eIllustrates how each standard might apply to common scenarios\u003c\/li\u003e \u003cli\u003eClarifies the implementation of each standard with practice examples\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe 2025 edition covers the latest developments in the presentation and disclosures in financial statements, reporting crypto assets, improved segment reporting, and new disclosures for joint venture formations and income taxes. \u003c\/p\u003e\u003cp\u003eNon-compliance with GAAP is not an acceptable option for skilled financial professionals and accountants. \u003ci\u003eWiley GAAP 2025\u003c\/i\u003e remains your one-stop resource for staying up to date with constantly changing guidelines and delivers the guidance and insight you need. \u003c\/p\u003e\u003cp\u003eBONUS: Downloadable, online Financial Statement Disclosure and Presentation Checklist, now with industry-specific disclosures! New this year access to a newsletter updating information throughout the year. \u003c\/p\u003e\u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAbout the Author xi\u003c\/p\u003e \u003cp\u003eCodification Taxonomy xiii\u003c\/p\u003e \u003cp\u003e1 ASC 105 Generally Accepted Accounting Principles 1\u003c\/p\u003e \u003cp\u003e2 ASC 205 Presentation of Financial Statements 27\u003c\/p\u003e \u003cp\u003e3 ASC 210 Balance Sheet 39\u003c\/p\u003e \u003cp\u003e4 ASC 215 Statement of Shareholder Equity 49\u003c\/p\u003e \u003cp\u003e5 ASC 220 Income Statement— Reporting Comprehensive Income 51\u003c\/p\u003e \u003cp\u003e6 ASC 230 Statement of Cash Flows 67\u003c\/p\u003e \u003cp\u003e7 ASC 235 Notes to Financial Statements 91\u003c\/p\u003e \u003cp\u003e8 ASC 250 Accounting Changes and Error Corrections 99\u003c\/p\u003e \u003cp\u003e9 ASC 255 Changing Prices 119\u003c\/p\u003e \u003cp\u003e10 ASC 260 Earnings per Share 123\u003c\/p\u003e \u003cp\u003e11 ASC 270 Interim Reporting 157\u003c\/p\u003e \u003cp\u003e12 ASC 272 Limited Liability Entities 169\u003c\/p\u003e \u003cp\u003e13 ASC 274 Personal Financial Statements 173\u003c\/p\u003e \u003cp\u003e14 ASC 275 Risks and Uncertainties 181\u003c\/p\u003e \u003cp\u003e15 ASC 280 Segment Reporting 185\u003c\/p\u003e \u003cp\u003e16 ASC 310 Receivables 197\u003c\/p\u003e \u003cp\u003e17 ASC 320 Investments— Debt Securities 215\u003c\/p\u003e \u003cp\u003e18 ASC 321 Investments— Equity Securities 229\u003c\/p\u003e \u003cp\u003e19 ASC 323 Investments— Equity Method and Joint Ventures 235\u003c\/p\u003e \u003cp\u003e20 ASC 325 Investments— Other 267\u003c\/p\u003e \u003cp\u003e21 ASC 326 Financial Instruments— Credit Losses 273\u003c\/p\u003e \u003cp\u003e22 ASC 330 Inventory 287\u003c\/p\u003e \u003cp\u003e23 ASC 340 Other Assets and Deferred Costs 327\u003c\/p\u003e \u003cp\u003e24 ASC 350 Intangibles— Goodwill and Other 341\u003c\/p\u003e \u003cp\u003e25 ASC 360 Property, Plant, and Equipment 375\u003c\/p\u003e \u003cp\u003e26 ASC 405 Liabilities 403\u003c\/p\u003e \u003cp\u003e27 ASC 410 Asset Retirement and Environmental Obligations 411\u003c\/p\u003e \u003cp\u003e28 ASC 420 Exit or Disposal Cost Obligations 431\u003c\/p\u003e \u003cp\u003e29 ASC 430 Deferred Revenue and Contract Liabilities 437\u003c\/p\u003e \u003cp\u003e30 ASC 440 Commitments 439\u003c\/p\u003e \u003cp\u003e31 ASC 450 Contingencies 443\u003c\/p\u003e \u003cp\u003e32 ASC 460 Guarantees 451\u003c\/p\u003e \u003cp\u003e33 ASC 470 Debt 461\u003c\/p\u003e \u003cp\u003e34 ASC 480 Distinguishing Liabilities from Equity 493\u003c\/p\u003e \u003cp\u003e35 ASC 505 Equity 507\u003c\/p\u003e \u003cp\u003e36 ASC 605 Revenue Recognition 529\u003c\/p\u003e \u003cp\u003e37 ASC 606 Revenue from Contracts with Customers 537\u003c\/p\u003e \u003cp\u003e38 ASC 610 Other Income 609\u003c\/p\u003e \u003cp\u003e39 ASC 705 Cost of Sales and Services 613\u003c\/p\u003e \u003cp\u003e40 ASC 710 Compensation— General 617\u003c\/p\u003e \u003cp\u003e41 ASC 712 Compensation— Nonretirement Post- Employment Benefits 623\u003c\/p\u003e \u003cp\u003e42 ASC 715 Compensation— Retirement Benefits 627\u003c\/p\u003e \u003cp\u003e43 ASC 718 Compensation— Stock Compensation 669\u003c\/p\u003e \u003cp\u003e44 ASC 720 Other Expenses 713\u003c\/p\u003e \u003cp\u003e45 ASC 730 Research and Development 721\u003c\/p\u003e \u003cp\u003e46 ASC 740 Income Taxes 727\u003c\/p\u003e \u003cp\u003e47 ASC 805 Business Combinations 783\u003c\/p\u003e \u003cp\u003e48 ASC 808 Collaborative Arrangements 835\u003c\/p\u003e \u003cp\u003e49 ASC 810 Consolidations 847\u003c\/p\u003e \u003cp\u003e50 ASC 815 Derivatives and Hedging 885\u003c\/p\u003e \u003cp\u003e51 ASC 820 Fair Value Measurements 959\u003c\/p\u003e \u003cp\u003e52 ASC 825 Financial Instruments 981\u003c\/p\u003e \u003cp\u003e53 ASC 830 Foreign Currency Matters 989\u003c\/p\u003e \u003cp\u003e54 ASC 832 Government Asssistance 1011\u003c\/p\u003e \u003cp\u003e55 ASC 835 Interest 1015\u003c\/p\u003e \u003cp\u003e56 ASC 842 Leases 1035\u003c\/p\u003e \u003cp\u003e57 ASC 845 Nonmonetary Transactions 1071\u003c\/p\u003e \u003cp\u003e58 ASC 848 Reference Rate Reform 1083\u003c\/p\u003e \u003cp\u003e59 ASC 850 Related Party Disclosures 1095\u003c\/p\u003e \u003cp\u003e60 ASC 852 Reorganizations 1099\u003c\/p\u003e \u003cp\u003e61 ASC 853 Service Concession Arrangements 1105\u003c\/p\u003e \u003cp\u003e62 ASC 855 Subsequent Events 1107\u003c\/p\u003e \u003cp\u003e63 ASC 860 Transfers and Servicing 1111\u003c\/p\u003e \u003cp\u003e64 ASC 900s Specialized Industry GAAP 1147\u003c\/p\u003e \u003cp\u003eAppendix A: Definitions of Terms 1251\u003c\/p\u003e \u003cp\u003eAppendix B: Disclosure and Presentation Checklist for Commercial Businesses 1293\u003c\/p\u003e \u003cp\u003eIndex 1295\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eJoanne M. Flood, MBA, CPA,\u003c\/b\u003e has worked with small business and large enterprise clients. She has experience in a Big 4 international firm and a small firm. Formerly a senior manager in the AICPA’s Professional Development Group, Joanne has produced training materials on accounting in a wide variety of media.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003eThe gold standard in US GAAP practice resources—fully updated to include the latest pronouncements\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eWiley GAAP 2025\u003c\/i\u003e offers comprehensive coverage of all Financial Accounting Standards Board (FASB) topics, including all the latest updates. Each chapter delivers a robust discussion of perspectives and relevant issues, sources of GAAP, practice-oriented examples, and accurate definitions of terms, concepts, and rules. Accounting standards are difficult to understand, but \u003ci\u003eWiley GAAP 2025\u003c\/i\u003e explains each FASB Topic in a clear, reader-friendly way, with dynamic graphics to aid in the understanding and retention of complex subjects. \u003c\/p\u003e\u003cp\u003eThe author reviews all the latest changes to accounting principles and offers expert guidance on complicated issues raised by specific pronouncements. She includes topic-specific chapters and comprehensive cross-references to aid readers conducting quick research and clarifies how to implement each standard with several practical examples. This edition includes bonus downloadable, online Financial Statement Disclosure and Presentation Checklist, now with industry-specific disclosures! Also, new for 2025 is access to a newsletter which is updated with information throughout the year. \u003c\/p\u003e\u003cp\u003eThe 2025 edition covers the latest developments in the presentation and disclosures in financial statements, reporting crypto assets, improved segment reporting, and new disclosures for joint venture formations and income taxes. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eWiley GAAP 2025\u003c\/i\u003e remains your one-stop resource for staying up to date with constantly changing guidelines and delivers the guidance and insight you need.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990491316453,"sku":"NP9781394199747","price":150.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781394199747.jpg?v=1761788039","url":"https:\/\/k12savings.com\/products\/wiley-gaap-2025-isbn-9781394199747","provider":"K12savings","version":"1.0","type":"link"}