Considered the standard reference in the field of bankruptcy accounting, this two-volume set combines accounting, finance, tax and legal issues in an easy-to-understand resource. This updated and expanded edition contains major changes to the Bankruptcy Code and the Federal Rules of Bankruptcy Procedure, and discusses the release of AICPA's SOP 90-7 with examples regarding the complications of applying it. Features new sections on business valuations, debtor-in-possession and post-petition financing. Volume 2 provides a unique collection of forms and exhibits and has been extensively revised to be more user-friendly with checklists and discussions to accompany the scores of sample documents and authentic exhibits. Supplemented annually.
BANKRUPTCY AND INSOLVENCY ENVIRONMENT.
Accountant's Role in Perspective.
Economic Causes of Business Failures.
LEGAL ASPECTS OF BANKRUPTCY AND INSOLVENCY PROCEEDINGS.
Nature of Bankruptcy and Insolvency Proceedings.
Rehabilitation Proceedings under the Bankruptcy Code.
Retention of the Accountant and Fees.
Accounting and Financial Services for the Debtor-in-Possession or Trustee: Part 1.
Accounting and Financial Services for the Debtor-in-Possession or Trustee: Part 2.
Accounting and Financial Services for the Creditors' Committee.
Valuation of a Business in Bankruptcy Proceedings.
AUDITING PROCEDURES AND REPORTS.
Special Areas of Inquiry.
Financial Reporting During Bankruptcy.
Reporting Results of the Plan.
Reporting on an Insolvent Company.