The bestselling series in accounting takes you into the next millennium . . . Wiley GAAP 2000 is a thorough study and analysis of all generally accepted accounting principles (GAAP) set forth in the pronouncements of the FASB (Financial Accounting Standards Board) and its predecessor agencies. This respected guide contains the AICPA Accounting Standards Executive Committee (ASEC) Statements of Position, and all pronouncements are explained with practical, real-world examples. Each chapter is composed of a discussion of perspectives and issues, sources of GAAP, a definition of terms, concepts, rules and examples, and, for some chapters, specific appendices. The book also includes the EITF consensus summaries and AICPA Statements of Position.
Patrick R. Delaney (Dekalb, IL) is a member of the Wiley CPA Exam Review, Dekalb IL. Barry J. Epstein is a bestselling author with BDO Seidman, LLP. James R. Adler is with the American Tax and Business Services and Michael F. Foran is a professor at Wichita State University.
This textbook is well put together and gives the information to the student in a clear way. As I am learning this subject in college, this book has made it easier and more efficient to learn accounting. Not only is the book fantastic, but the online version is very useful as well. It gives an excellent summary of the chaos that highlights and bolds the important information needed to apply this to my daily life. I would recommend this book to any student in school or any individual that is looking to increase their knowledge in the business and financing area!