Wiley Not-for-Profit GAAP 2001 Interpretation and Application of Generally Accepted Accounting Principles for Not-for-Profit Organizations 2001

The most practical, authoritative guide to not–for–profit GAAP

Wiley Not–for–Profit GAAP 2001 is a comprehensive, easy–to–use guide to

the accounting and financial reporting principles used by not–for–profit organizations. It is written with the needs of both the financial statement preparer and attestor in mind. It provides a complete review of the authoritative accounting literature that impacts all types of not–for–profit organizations. At the same time, Wiley Not–for–Profit GAAP 2001 features many examples and illustrations that will assist the reader in applying authoritative literature to real–life situations. Wiley Not–for–Profit GAAP 2001 excels in providing financial statement preparers and attestors with the most comprehensive and usable information because of these features:

• Easy–to–use information that enables the reader to find needed information quickly

• Coverage of accounting principles specifically related to not–for–profit organizations, as well as accounting principles applicable to all types of organizations

• Specific coverage of accounting issues for different types of not–for–profit organizations

• A comprehensive disclosure checklist that helps financial statement preparers and attestors ensure all disclosures required by GAAP have been considered

• Many examples and illustrations that make putting accounting theory into practice an easy task

This 2001 Edition also includes new information covering:

• FASB Statements No. 137 and 138, which amend and defer the effective date of FASB Statement No. 133 "Accounting for Derivative Financial Instruments and Hedging Activities"

• FASB Concepts Statement No. 7 "Using Cash Flow and Present Value in Accounting Measurements"

• FAF’s Financial Accounting Series Special Report "Accounting by Recipients for Nonreciprocal Transfers, Excluding Contributions by Owners: Their Definition, Recognition, and Measurement"

• FASB Exposure Draft "Business Combinations and Intangible Assets," including coverage

of the latest discussions of the separate project on combinations and mergers of not–for–profit organizations

• FASB Exposure Draft "Accounting for the Impairment or Disposal of Long–Lived Assets and for Obligations Associated with Disposal Activities"

• Latest revision of the AICPA Audit and Accounting Guide for Not–for–Profit Organizations

Wiley Not–for–Profit GAAP 2001 strives to be a thorough, reliable reference that you’ll use constantly. It’s designed to be kept on your desk rather than on your bookshelf.

And don’t forget to add Wiley Not–for–Profit Accounting Field Guide 2001 to your library