CCH’s U.S. Master GAAP Guide helps accountants solve many complex
accounting and disclosure problems. Superior technical analysis and practical
explanations of accounting principles are provided in this insightful volume.
The Guide uses a helpful three-step approach for each topic covered. First,
flowcharts illustrate the decision process and accounting procedures. Then,
general discussion of the major provisions provides a context for understanding;
and, finally, detailed examples show the specific computations and accounting
requirements.
This one comprehensive volume provides you with new insights into, and practical
understanding of, the standards that constitute U.S. GAAP. To reflect the
structure of the FASB’s Accounting Standards Codification (ASC), the U.S. Master
GAAP Guide is organized into nine chapters that correspond to the areas of the
ASC. With its summaries, explanations, and applications of generally accepted
accounting principles for nongovernmental entities in the United States of
America, this book is the most powerful working guide available to accounting
practitioners today.
Topics and Content
1.General principles
2.Presentation
3.Assets
4.Liabilities
5.Equity
6.Revenue
7.Expenses
8.Broad transactions
9.Industry
Also contains:
- Conceptual framework
- Accounting Standards Updates
- Exposure Drafts
- How to cross-reference the Codification and pre-Codification standards
- Present value factors