Wiley GAAP 2024

The gold standard in US GAAP practice resources-fully updated to include the latest pronouncements

Wiley GAAP 2024 delivers comprehensive coverage of all Financial Accounting Standards Board (FASB) topics, including all the latest updates. Every chapter includes a robust discussion of perspectives and issues, sources of GAAP, practice-oriented examples, and accurate definitions of terms, concepts, and rules. Accounting standards can be difficult to understand, but Wiley GAAP 2024 fully explains each FASB Topic in a clear, reader-friendly way with dynamic graphics to aid in the understanding and retention of complicated subject areas.

This book reviews all the latest changes to accounting principles and offers expert guidance on complex issues raised by specific pronouncements. It includes topic-specific chapters and comprehensive cross-references to aid readers conducting quick research and clarifies how to implement each standard with several practical examples.

The 2024 edition covers significant standards on credit losses, leases, goodwill, and derivatives that will be fully implemented this year, as well as guidance on a new FASB Codification topic on government assistance and new standards on supplier finance programs. It also includes access to an online, downloadable Financial Statement Disclosure and Presentation Checklist with industry-specific disclosures. And new this year, online sample financial statements with full disclosures.

Wiley GAAP 2024 is your one-stop resource for staying current with constantly evolving GAAP guidelines.