This practical resource includes detailed examples, diagrams, and lucid explanations that focus on the problems faced by practitioners when applying GAAP. All authoritative pronouncements, including AICPA Accounting Standards Executive Committee Statements of Position and the latest Emerging Issues Task Force Consensus Statements, are listed and cross-referenced throughout so readers can connect related topics and problems. There is absolutely no other GAAP resource that is both informative and easy to use and understand. Unique coverage of both FASB and SEC regulations ensures users are playing by the right rules.

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