The 2008 GAAP Handbook of Policies and Procedures is the most complete and user-friendly source of on-the-job help for applying generally accepted accounting principles in practice. It provides guidance in resolving any issues and problems that the accountant may face day-to-day in applying GAAP.
The GAAP Handbook provides many rules of thumb. Its content includes informative rules, policies, and procedures applicable to CPAs and may be used as a training medium.
The book also comes with a free, companion CD-ROM that contains an electronic version of the book.
Subscribers can also earn online CPE credits through the CCH Learning Center [see the book’s Highlights pages for more information].
Benefits and Features
Contains all of the Important Authoritative Pronouncements on GAAP, Including:
- APB Opinions
- Accounting Research Bulletins
- FASB Statements
- Interpretations
- Technical Bulletins
- Concepts
- AICPA Statements of Position
- Securities and Exchange Financial Reporting Releases and EITF Issues (covered when appropriate).
Additional Coverage Includes:
- Accounting principles
- Financial reporting presentation requirements
- Required and recommended disclosures
- Specialized accounting topics
Ease of Use Features Include:
- Examples, tables, exhibits, and practice aids to show how to apply GAAP in practice
- Flowcharts are presented in some cases to explain in clearer terms the practitioner’s decision process in applying a pronouncement
- Current footnotes from annual reports provide clear examples of reporting