Wiley Gaap: Financial Statement Disclosure Manual

Financial Statement Disclosures Manual is a naturalcomplement to Wiley GAAP, providing a complete set of toolsfor statement preparation. This useful reference is formatted inaccordance 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 helpsusers perform additional research and easily find more detailedinformation on requirements, with disclosures referenced to FASB'sASC. Explicit examples enable easy customization, streamlining thestatement preparation process and potentially improving theeffectiveness of disclosures with clear presentation of informationthat is most important to users.

Determining the correct wording and presentation formats fordisclosures is a time consuming effort. Standards are continuallyupdated, and the latest changes to revenue recognition impactvirtually all financial statements. This book is a guide toenhanced disclosure as standardized by FASB, and works inconjunction with other Wiley GAAP products to provide a completeprofessional reference.

Enhanced disclosure requirements have come about in response toaccounting scandals, the proliferation of complicated instruments, and the pressure toward transparency. Keeping abreast of the latestdevelopments - and their applications and requirements- is an essential but time-consuming part of the accountant'srole. Financial Statement Disclosures Manual simplifiesstatement preparation by providing complete disclosuresinformation, cross-referenced to relevant GAAP information andtools.