Wiley GAAP 2025 Interpretation and Application of Generally Accepted Accounting Principles

<p><b>The gold standard in US GAAP resources—fully revised to reflect the latest pronouncements</b></p> <p>US GAAP undergoes constant revision and review, requiring accountants and other financial practitioners to keep a close eye on updates and changes. <i>Wiley GAAP 2025</i> offers the most comprehensive coverage of all Financial Accounting Standards Board (FASB) Topics—including all the latest updates.</p> <p>Every chapter offers a discussion of relevant perspectives and issues, GAAP sources, practice-oriented examples, and clear definitions of terms, concepts, and rules. Every FASB Topic is clearly explained in a reader-friendly way and includes dynamic graphics to help the reader understand and retain the nuanced subject matter.</p> <p>Extensively updated to reflect all current US GAAP changes, this invaluable practice resource:</p> <ul> <li>· Reviews all the latest changes to accounting principles</li> <li>· Offers expert guidance on complex issues raised by specific pronouncements</li> <li>· For ease of research, includes topic-specific chapters and comprehensive cross-references</li> <li>· Illustrates how each standard applies to common, real-world scenarios</li> <li>· Clarifies how to implement each standard with numerous practical examples</li> </ul> <p>This 2025 edition includes the latest revisions to standards on credit losses, leases, derivatives, and more, plus guidance on a new FASB Codification topic on government assistance.</p> <p>Non-compliance with GAAP is not an option for effective accounting and financial professionals. <i>Wiley GAAP 2025</i> is your one-stop resource for staying current with constantly evolving guidelines and delivers the insight and guidance you need.</p>