CCH Incorporated's Complete GAAP Library comprises both GAAP Guide Level A and GAAP Guide Levels B, C, and D. Together, these volumes analyze authoritative GAAP literature contained in Levels A through D of the GAAP hierarchy, established by Statement on Auditing Standards No. 69, including FASB Statements and Interpretations; APB Opinions and Accounting Research Bulletins; FASB Technical Bulletins; AICPA Statements of Position; AICPA Industry Audit and Accounting Guides; consensus positions of the EITF; AICPA AcSEC Practice Bulletins; FASB and SEC staff announcements; FASB Implementation Guides; FASB Staff Positions, and more.
The GAAP Guide Level A and the GAAP Guide Levels B, C, and D both meet accounting industry standards overseen by the peer review system, and each contains a document covering the peer review of the book.
Benefits and Features
Clarity And Ease Of Use
- In clear language, each pronouncement is discussed in a comprehensive format that makes it easy to understand and apply.
- Practical illustrations and examples demonstrate and clarify specific accounting principles.
- Accounting pronouncements are organized alphabetically by topic, and pronouncements covering the same subject are incorporated into a single chapter, so that the authoritative information is easily accessible.
- The Practice Pointers throughout this edition explicate, in plain English, how to apply the standards just discussed.
- Observations enrich the discussion by presenting interesting aspects of GAAP, such as conflicts within the authoritative literature.
- To facilitate research, both the GAAP Guide Level A and GAAP Guide Levels B, C, and D include extensive codification references to pertinent paragraphs of the original pronouncements.
Material can be located several ways:
- Cross-Reference shows the chapter in which a particular pronouncement is discussed
- Index provides a quick page reference
- Chapters' tables of contents list all topics covered and the page on which they begin.
Topics and Contents
Generally Accepted Accounting Principles:
Accounting Changes
Accounting Policies and Standards
Advertising
Balance Sheet Classification and Related Display Issues
Bankruptcy and Reorganization
Business Combinations
Capitalization and Expense Recognition Concepts
Cash Flow Statement
Changing Prices
Computer Software
Consolidated Financial Statements
Contingencies, Risks, and Uncertainties
Convertible Debt and Debt with Warrants
Deferred Compensation Contracts
Depreciable Assets and Depreciation
Development Stage Enterprises
Earnings Per Share
Equity Method
Extinguishment of Debt
Fair Value
Financial Instruments
Foreign Operations and Exchange
Government Contracts
Impairment of Long-Lived Assets
Income Taxes
Installment Sales
Intangible Assets
Interest Costs Capitalized
Interest on Receivables and Payables
Interim Financial Reporting
Inventory
Investments in Debt and Equity Securities
Leases
Long-Term Construction Contracts
Long-Term Obligations
Nonmonetary Transactions
Pension Plans
Personal Financial Statements
Postemployment and Postretirement Benefits Other Than Pensions
Product Financing Arrangements
Property Taxes
Real Estate Transactions
Related Party Disclosures
Research and Development
Results of Operations
Revenue Recognition
Segment Reporting
Stock-Based Payments
Stockholders’ Equity
Transfer and Servicing of Financial Assets
Troubled Debt Restructuring
Specialized Industry Accounting Principles:
Banking and Thrift Institutions
Entertainment
Insurance
Mortgage Banking
Not-For-Profit Organizations
Oil and Gas
Pension Plans
Regulated Industries