内容提要
The GAAP Guide Level A, in both the text and on the accompanying easy-to-use CD-ROM, analyzes authoritative GAAP literature contained in Level A of the GAAP hierarchy, established by Statement on Auditing Standards No. 69, which include FASB Statements and Interpretations, as well as APB Opinions and Accounting Research Bulletins. It is written in clear, comprehensible language. Each pronouncement is discussed in a comprehensive format that makes it easy to understand and apply. Practical illustrations and examples demonstrate and clarify specific accounting principles. The 2009 edition covers up to FAS-163 and contains the following specific information: · Changes in the GAAP hierarchy promulgated in FAS-162 (The Hierarchy of Generally Accepted Accounting Principles). · Changes required by FAS-141(R) (Business Combinations). · Reporting requirements for noncontrolling interests required by FAS-160 (Noncontrolling Interests in Consolidated Financial Statements). · Amendments to FAS-133 found in FAS-161 (Disclosures about Derivative Instruments and Hedging Activities). · Recently issued FAS-163 (Accounting for Financial Guarantee Insurance Contracts). Accounting pronouncements are organized alphabetically by topic under two general areas: generally accepted accounting principles and specialized industry accounting principles. Pronouncements covering the same subject are incorporated into a single chapter, so that the authoritative information is easily accessible. The Practice Pointers explicate, in plain English, how to apply the standards just discussed. Observations enrich the discussion by presenting interesting aspects of GAAP, such as conflicts within the authoritative literature. To facilitate research, the GAAP Guide Level A includes extensive references to pertinent paragraphs of the original pronouncements. Where applicable, topics related to international standards are cross-referenced to CCHs International AccountingFinancial Reporting Standards Guide. Material can be located several ways: the Cross-Reference shows the chapter in which a particular pronouncement is discussed and where to find its useful counterpart in the proposed FASB codification; the Index provides a quick page reference; and the chapters table of contents list all topics covered and the page on which they begin. The GAAP Guide Level A meets accounting industry standards overseen by the peer review system and contains a document covering the peer review of this book.
作者介绍
Jan R. Williams, Ph.D, CPA, is the Pilot Corporation Chair or Excellence and Dean of the College of Business Administration at the University of Tennessee, Knoxville, where he has been on the faculty since 1977. He received a Ph.D. in business administration from the University of Arkansas and is a CPA licensed in Arkansas and Tennessee. Dr. Williams has, for many years, been actively involved in the American Institute of Certified Public Accountants, the Tennessee Society of Certified Public Accountants, and several other professional organizations. Throughout his career, he has taught continuing professional education for CPAs. In 1994, Dr. Williams received the Outstanding Accounting Educator Award from both the Tennessee Society of CPAs and the AICPA. He was president of the American Accounting Association in 1999-2000 and has authored or co-authored five books and more than 70 articles and other publications on issues related to financial reporting and accounting education. Joseph V. Carcello, Ph.D., CPA, CMA, CIA, is the Ernst & Young Professor in the Department of Accounting and Information Management at the University of Tennessee. Dr. Carcello also is co-founder and Director of Research for the University s Corporate Governance Center. He has taught continuing professional education courses for two of the Big 4 accounting firms, the AICPA, the Institute of Internal Auditors, the Institute of Management Accountants, and the Tennessee and Florida Societies of CPAs. He has provided consulting services to public companies on revenue recognition and on Section 404 of the Sarbanes-Oxley Act. Dr. Carcello has served the Securities and Exchange Commission as an expert witness. Dr. Carcello is the co-author of CCH s GAAS Guide. He is also the co-author of a funded research study by the Committee of Sponsoring Organizations (COSO) of the Treadway Commission titled Fraudulent Financial Reporting: 1987-1997, An Analysis of U.S. Public Companies and of a research monograph, Fraud-Related SEC Enforcement Actions Against Auditors: 1987-1997, published by the AICPA s Auditing Standards Board. Dr. Carcello served on COSO s Small Business Controls Guidance Task Force. He currently serves as Vice President-Finance for the American Accounting Association, a member of the Public Company Accounting Oversight Board s (PCAOB) Standing Advisory Group, and a member of the Institute of Internal Auditors Professional Issues Committee.
