Streamline financial statement preparation with this cross-referenced
guide
Financial Statement Disclosures Manual is a natural complement to
Wiley GAAP, providing a complete set of tools for statement
preparation. This useful reference is formatted in accordance with FASB
Accounting Standards Codification(R) (ASC) schema, with information
delineated as Presentation, Assets, Liabilities, Equity, Revenue,
Expenses, and Broad Transactions. When used with other Wiley GAAP
resources, this arrangement helps users perform additional research and
easily find more detailed information on requirements, with disclosures
referenced to FASB's ASC. Explicit examples enable easy customization,
streamlining the statement preparation process and potentially improving
the effectiveness of disclosures with clear presentation of information
that is most important to users.
Determining the correct wording and presentation formats for disclosures
is a time consuming effort. Standards are continually updated, and the
latest changes to revenue recognition impact virtually all financial
statements. This book is a guide to enhanced disclosure as standardized
by FASB, and works in conjunction with other Wiley GAAP products to
provide a complete professional reference.
- Find specific GAAP codification and explanations quickly and easily
- Get up to speed on the latest developments and updates
- Follow references to relevant content in Wiley GAAP and the Disclosure
Checklist
- Study expertly-prepared examples to understand GAAP applications
Enhanced disclosure requirements have come about in response to
accounting scandals, the proliferation of complicated instruments, and
the pressure toward transparency. Keeping abreast of the latest
developments - and their applications and requirements - is an essential
but time-consuming part of the accountant's role. Financial Statement
Disclosures Manual simplifies statement preparation by providing
complete disclosures information, cross-referenced to relevant GAAP
information and tools.
