![]() Non-compliance with GAAP is not an option for effective accounting and financial professionals. The 2023 edition includes the latest revisions to standards on credit losses, leases, derivatives, and more, plus guidance on a new FASB Codification topic on government assistance. Clarifies how to implement each standard with numerous practical examples.Illustrates how each standard applies to common, real-world scenarios.For ease of research, includes topic-specific chapters and comprehensive cross-references.Offers expert guidance on complex issues raised by specific pronouncements.Reviews all the latest changes to accounting principles.Every FASB Topic is clearly explained in a reader-friendly way and includes dynamic graphics to help the reader understand and retain the nuanced subject matter.Įxtensively updated to reflect all current US GAAP changes, this invaluable practice resource: Wiley GAAP 2023 offers the most comprehensive coverage of all Financial Accounting Standards Board (FASB) Topics-including all the latest updates.Įvery chapter offers a discussion of relevant perspectives and issues, GAAP sources, practice-oriented examples, and clear definitions of terms, concepts, and rules. US GAAP undergoes constant revision and review, requiring accountants and other financial practitioners to keep a close eye on updates and changes. ![]() ![]() The gold standard in US GAAP resources-fully revised to reflect the latest pronouncements ![]()
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