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Wiley GAAP Workbook provides easy-to-understand guidance and clarity to practical applications of GAAP. Enhancing your comprehension of GAAP to enable practical application of a variety of situations that you may encounter in practice, this workbook and guide simplifies application of GAAP standards and interpretations to specific real-world situations.
Wiley GAAP: Practical Implementation Guide and Workbook is a quick reference guide on Generally Accepted Accounting Principles and their application with easy to understand outlines of FASB standards, practical insights, case studies with solutions, illustrations, and multiple choice questions with solutions. It greatly facilitates understanding of the practical implementation issues involved in applying these complex rules-based standards.
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Chapter 1 Researching GAAP.
Chapter 2 Statement of Financial Position (ASC 210).
Chapter 3 Income Statement (ASC 225).
Chapter 4 Statement of Cash Flows (ASC 230).
Chapter 5 Accounting Policies, Changes in Accounting Estimates and Errors (ASC 250).
Chapter 6 Fair Value (ASC 820).
Chapter 7 Cash, Receivables, and Prepaid Expenses (ASC 305, 310, 860).
Chapter 8 Inventory (ASC 330).
Chapter 9 Revenue Recognition (ASC 605).
Chapter 10 Property, Plant, and Equipment (ASC 360).
Chapter 11 Financial Instruments (ASC 825).
Chapter 12 Equity Method Investments and Joint Ventures (ASC 323).
Chapter 13 Intangible Assets (ASC 350).
Chapter 14 Consolidated and Separate Financial Statements (ASC 810).
Chapter 15 Business Combinations (ASC 805).
Chapter 16 Income Taxes (ASC 740).
Chapter 17 Current Liabilities and Contingencies (Various Sections under the ASC).
Chapter 18 Long-Term Liabilities (ASC 480 and 835).
Chapter 19 Leases (ASC 840).
Chapter 20 Segment Reporting (ASC 280).
Chapter 21 Interim Reporting (ASC 270).
Chapter 22 Foreign Currency (ASC 830).
Chapter 23 Earnings Per Share (ASC 260).
Chapter 24 Employee Benefits (ASC 715).
Chapter 25 Accounting and Reporting by Retirement Benefit Plans (ASC 960 and 962).
Chapter 26 Stockholders’ Equity (ASC 505).
Chapter 27 Personal Financial Statements (ASC 274).
Answers for Multiple-Choice Questions.
Index.
Overview
Wiley GAAP Workbook provides easy-to-understand guidance and clarity to practical applications of GAAP. Enhancing your comprehension of GAAP to enable practical application of a variety of situations that you may encounter in practice, this workbook and guide simplifies application of GAAP standards and interpretations to specific real-world situations.