U.S. GAAP - A Practical Implementation Guide for Preparation of Reporting Packages and Other Financial Reports in US GAAP (Paperback)

This book is updated with New FASB Codification and includes measurement and disclosure requirements for SEC Registrants, Foreign Private Issuers and other US GAAP preparers. This comprehensive guide published by Watson provides excellent guidance and clarity for practical application and understanding of the main concepts of US GAAP (Generally Accepted Accounting Practices in the US). This book offers practical application to complex concepts in US GAAP in a variety of situations which may arise in practice. As a result, it simplifies the application of US GAAP standards and interpretations specific to real-world situations. The book is divided by large areas of accounting; Includes practical approach to illustrate the main differences in GAAP that you need to know to make your conversion project easier; you save time by going straight to the point to understand the main concepts in an objective and concise way; includes requirements for measurement / disclosure US SEC Registrants; Can be used as a quick reference guide to US GAAP, which will enhance your understanding to all situations that may arise in practice; Has a simple guideline on interpretation and application of massive US GAAP standards; Formatted according to the new FASB Codification; Relevant work for the academic and professional fields; Includes several critical comments about disclosures required under US GAAP. You will find many relevant aspects or accounting treatments that you need to know to apply the rules of US GAAP as a benchmark to ensure that your company applies the key concepts for major adjustments and differences objectively.