U.S. Master GAAP Guide (2010)

Author: Brad E. Muniz; Elizabeth Harper; J. Ross Harper
Publisher: CCH U.S.
ISBN: 9780808021087
Published In: September 2009
Format: Paperback , 1360 pages
Jurisdiction: U.S. ? Disclaimer:
Countri(es) stated herein are used as reference only

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Description
Contents
Author

Details

CCH’s U.S. Master GAAP Guide helps accountants solve many complex accounting and disclosure problems. Superior technical analysis and practical explanations of accounting principles are provided in this insightful volume. The Guide uses a helpful three-step approach for each topic covered. First, flowcharts illustrate the decision process and accounting procedures. Then, general discussion of the major provisions provides a context for understanding; and, finally, detailed examples show the specific computations and accounting requirements.

This one comprehensive volume provides you with new insights into, and practical understanding of, the standards that constitute U.S. GAAP. To reflect the structure of the FASB’s Accounting Standards Codification (ASC), the U.S. Master GAAP Guide is organized into nine chapters that correspond to the areas of the ASC. With its summaries, explanations, and applications of generally accepted accounting principles for nongovernmental entities in the United States of America, this book is the most powerful working guide available to accounting practitioners today.

Benefits and Features

Topically arranged to follow the FASB's Accounting Standards Codification (ASC).
Three-level approach to explanation and analysis, including flowcharts, General discussion, and Detailed examples, makes the official pronouncements easy to understand.
Serves as a working guide so practitioners can find solutions to complex Practice problems quickly.
Helps prepare CPA Exam candidates for the GAAP pronouncements portion of the Exam.
Enables clear understanding of the accounting requirements of the pronouncements.

Topics and Content

General principles
Presentation
Assets
Liabilities
Equity
Revenue
Expenses
Broad transactions
Industry

Also contains:

Conceptual framework
Accounting Standards Updates
Exposure Drafts
How to cross-reference the Codification and pre-Codification standards
Present value factors

Brad E. Muniz, CPA, is a Member of the Firm and Director of Accounting and Auditing at Sobel & Co., Livingston, N.J., where he serves small businesses and individuals in the areas of accounting, auditing, tax, and business consulting. Brad has over 20 years experience in the areas of financial reporting, tax compliance and planning for closely held businesses, SEC registrants, non-profit organizations, and strategic business planning. Brad utilizes his expertise to ensure that the quality of all Sobel engagements exceeds the client expectations while complying with AICPA, SEC, and GAO requirements, in addition to other industry guidelines. Brad holds a B.A. in Accounting from William Paterson University.

Elizabeth Harper, CPA, joined Sobel & Co. , Livingston, N.J., in the fall of 2009, to assume the role of Quality Control Manager. In this senior role, Liz has responsibility for reviewing all of the financial statements issued by the firm along with client correspondences ensuring that the highest quality standards are met and that the reports are in accordance with the established authoritative standards. Liz is also dedicated to ensuring that the firm complies with its internal quality standards. This includes involvement with the engagement teams during all phases of the work, personnel training and development, and monitoring of engagement quality.

Previously she worked at a Big Four firm and a local CPA firm. Liz is a member of the New Jersey Society of CPAs (NJSCPA) and the AICPA. Liz is also an active participant in the NJSCPA Accounting & Auditing Standards Interest Group. An active alumnus, Liz is involved in recruiting efforts at Montclair State University, where she graduated with a Bachelor of Science in Business Administration and Accounting.