U.S. GAAP Financial Statements - Best Practices in Presentation and Disclosure

  • $139.00-$179.00
    U.S. GAAP Financial Statements - Best Practices in Presentation and Disclosure Availability : In Stock Product #: ATTATT17P
    AICPA Member: $139.00
    Non-Member: $179.00
  • $129.00-$159.00
    U.S. GAAP Financial Statements - Best Practices in Presentation and Disclosure Availability : Online Access Product #: ABPPDO
    AICPA Member: $129.00
    Non-Member: $159.00

With comprehensive coverage of virtually every required disclosure, this resource is designed to give you an unparalleled picture of U.S. GAAP compliance.

Updated for new accounting and auditing guidance issued, this valuable tool provides hundreds of high quality disclosure examples from carefully selected U.S. companies of different sizes, across industries such as banking, credit and insurance, communication services, and healthcare from such organizations as Scotts Miracle-Gro, Coca-Cola, Caterpillar, and BB&T. Don’t spend your time searching for the most helpful example of a given disclosure, let AICPA’s experts do the work for you.

You’ll find illustrations of the most important, immediate, and challenging disclosures, such as derivatives and hedging, consolidations, and fair value measurement. Hot topics include statement of cash flows, going concern, and business combinations and intangibles. This edition also provides clear, direct guidance to help you understand and comply with all significant reporting requirements and detailed indexes to help you quickly find exactly what you need.

For auditors, this resource presents up-to-date auditors’ reports, fully in compliance with GAAS.

Save time and improve efficiency with the unrivaled presentation and disclosure examples found in U.S. GAAP Financial Statements.

Key Features and Benefits

  • Time saving,. as examples of financial statement disclosures are all in one location
  • Includes a sample auditor’s report based on GAAS
  • Discussion of the new accounting and auditing pronouncements
  • Listing of most required disclosures
  • Pronouncement index to help you find what you need faster

Updates or Regulatory Bullets

  • ASU No. 2014-15, Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items
  • ASU No. 2015-03, Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs
  • ASU No. 2015-06, Earnings Per Share (Topic 260): Effects on Historical Earnings per Unit of Master Limited Partnership Dropdown Transactions (a consensus of the Emerging Issues Task Force)

Who Will Benefit?

  • Smaller and regional accounting firms need this product to have examples for disclosure for financial statement they may compile or prepare for clients.
  • Smaller and regional auditing firms need this product to understand the requirements of the clarified auditing standards related to the auditor’s reports.

Discounted Multi-User Subscriptions

In addition to individual subscriptions, the AICPA offers multi-user subscriptions, which follow a concurrent usage model. Under this model, a subscription can be purchased for any number of users who may need access to the product at the same time. The number of seats purchased for a multi-user subscription does not need to reflect the total number of employees; rather, how many employees will need to access the product during the same time frame. For example, your firm may have 10 employees, of which only 3 may need access to the OPL subscription at the same time; therefore, you only need to purchase 3 seats under the multi-user/concurrent model. Click here for more information or call 888-777-7077.

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About the Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.