The most practical, authoritative guide to GAAP

Wiley GAAP 2016 contains complete coverage of the Financial Accounting Standards Board's (FASB) Accounting Standards Codification (ASC), the source of authoritative generally accepted accounting principles (GAAP). Wiley GAAP renders GAAP more understandable and accessible for research and has been designed to reduce the amount of time and effort needed to solve accounting research and implementation issues.

The 2016 edition reflects the new FASB guidance on:

• Revenue recognition
• Consolidation
• Presentation of debt issuance costs
• Discontinued operations
• Development stage entities
• And more…

Providing interpretive guidance, analytical explanations, and more than 300 real-world, content-rich examples and illustrations, this invaluable guide offers clear, user-friendly guidance on every ASC Topic in the Codification.

• Offers insight into the application of complex financial reporting rules
• Contains a detailed index for easy reference use
• Includes a comprehensive cross-reference to the FASB codification system, making it efficient for you to perform in-depth research

As a bonus, a comprehensive disclosure checklist offers practical guidance to preparing financial statements for commercial entities in accordance with GAAP. For easy reference and research, the checklist follows the order of the codification.

With easy-to-access information, this reliable resource offers complete coverage of the FASB Codification.