Common U.S. GAAP issues facing CPAS / Renee Rampulla.

Online resource; title from PDF title page (EBSCO, viewed April 3, 2018).

Intro; Title page; Copyright; Chapter 1 The Financial Reporting Environment; Practice Questions; Chapter 2 Summary of Recent Accounting Standards Updates; Part 1: Guidance Effective in 2016; Part 2: Guidance Effective in 2017 and Beyond; Part 3: Guidance Relating to the Private Company Council; Chapter 3 Accounting Guidance on the Horizon; FASB Framework Projects; FASB Recognition and Measurement Projects; FASB Presentation and Disclosure Projects; Practice Question; Chapter 4 Recognizing Revenue Under the New Standard: Core Principles and Resources; Practice Questions.

Chapter 5 The New Leasing ModelEvolution of the New Leasing Standard; Determining Whether an Arrangement Contains a Lease; Organization of the New Lease Accounting Standards; Chapter 6 Fair Value Accounting; Chapter 7 Inventory; Practice Question; Solutions to Practice Question; Chapter 8 Intangible Assets, Goodwill, and Asset Impairment and Disposal Issues; Chapter 9 Property, Plant, and Equipment-Including Capitalized Interest and Nonmonetary Transactions; Practice Question; Solutions to Practice Question; Chapter 10 Accounting for Debt; Chapter 11 Accounting for Income Taxes.

Are you looking for a review and update of common GAAP issues important to all CPAs' This broad-ranging book covers FASB accounting and reporting developments that apply to all companies. Emphasizing financial statement disclosures in addition to accounting methods, it presents implementation guidelines and disclosure illustrations from actual financial statements. This book will prepare you to: -Identify and apply select FASB accounting and reporting guidance. -Recall concepts related to FASB projects. -Recall key points related to disclosures.