Wiley GAAP: Interpretation and Application of Generally Accepted Accounting Principles

by Barry J. Epstein, Steven M. Bragg, Ralph Nach, et al.

Book Overview

The most practical, authoritative guide to GAAP Beginning July 1, 2009, the Financial Accounting Standards Board's (FASB's) Accounting Standards Codification (ASC) has superseded virtually all promulgated GAAP, replacing what had previously comprised four levels in the GAAP hierarchy with a single set of codified GAAP. The objective was to create a new, clearer indexing system that is much easier to access and use to research solutions to real-world...

• Format: Paperback
• Language: English
• ISBN: 0470453192
• ISBN13: 9780470453193
• Release Date: October 2009
• Publisher: Wiley
• Length: 1392 Pages
• Weight: 4.10 lbs.
• Dimensions: 2.5" x 7.3" x 9.3"

Customer Reviews

A Nice Roadmap

I have been working with this Wiley Gaap series by years, it is really easy to understand and gives to you a comprehensive backround to understand most of the common topics. As an opportunity to improve, would be great if this book in a future, include a practical chapter with examples an study cases of the common practices as tips and falls. a great complement to this book are the Intermediate Accounting (Kyeso) & Advanced Accounting (Baker)

From a student's perspective...

This is a useful companion to any intermediate accounting text. It explains topics in plain English and in fewer words than most textbooks do. The best part about this guide is its detailed index that has come through in the clutch a few times during open-book exams and the cases that we prepare on a regular basis. I recommend this book to finance-focused MBA students and anyone who has a job that involves interpreting financial statements or FASB documents.

Great GAAP Resource

As a frequent reader of accounting literature in my daily activities, I have used the Wiley GAAP Guide for several years. The authors have converted complex accounting issues into well written and easy to understand language. It's a valuable resource.

USING THE 2005 GAAP GUIDE

I am a sole practitioner who has been using the Wiley GAAP Guide for many years. I find it to be an invaluable source for answering questions pertaining to GAAP issues in a clear and concise manner. I think that every practioner needs to have a copy of the GAAP Guide in their library.

Clear and enjoyable text

Written in a precise and coherent manner this book is easy to read and comprehend. The text is extensively cross-referenced with the sources of GAAP. The book is filled with examples of GAAP apllication and will be definitely useful for both practitioners and advanced students of accounting.