The gold standard in US GAAP resources―fully revised to reflect the latest pronouncements
The Premier Resource in US GAAP Knowledge―Thoroughly Updated to Reflect Recent Changes
Staying up to date on the frequent revisions in US GAAP is essential for accountants and financial experts. The 2024 edition of GAAP Essentials offers unmatched coverage of topics outlined by the Financial Accounting Standards Board (FASB), including the very latest amendments.
Each section provides in-depth discussions on key issues, references to GAAP sources, practical, real-world examples, and concise explanations of terms, concepts, and regulations. FASB Topics are elaborated on in an accessible manner, complemented by vivid illustrations, aiding in comprehension and retention of complex information.
This edition has been meticulously updated to capture current modifications in US GAAP, making it an indispensable tool for professionals:
- Delivers a review of the most recent alterations in accounting standards.
- Provides authoritative advice on intricate issues related to specific declarations.
- Features chapters organized by topic and extensive cross-references for efficient research.
- Demonstrates application of each standard in typical, real-life situations.
- Offers numerous practical examples for implementing each standard effectively.
- Includes the latest updates on standards regarding credit losses, leases, derivatives, and introduces guidance on a new FASB Codification topic about government support.
Adhering to GAAP is crucial for proficient accounting and financial practitioners. GAAP Essentials 2024 is the essential guide for staying up-to-date with ever-changing regulations, offering the insights and direction necessary for excellence.
All course materials provided
No additional testing, grading or certificate fees
No prerequisites
Course level: Basic
Instructional Method: Self-Study
