Publisher's Synopsis
The most practical, authoritativeguide to not–for–profit GAAP
Wiley Not–for–Profit GAAP 2007 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 the financial statement preparer, user, 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 2007 features many examples and illustrations that will assist the reader in applying authoritative literature to real–life situations. Wiley Not–for–Profit GAAP 2007 excels in providing financial statement preparers, users, 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 that all disclosures required by GAAP have been considered
- Many examples and illustrations that make putting accounting theory into practice an easy task
This 2007 Edition also includes new information covering:
- FASB 155, Accounting for Certain Hybrid Financial Instruments
- FASB 156, Accounting for Service of Financial Assets
- FASB 157, Fair Value Measurements
- FASB 158, Employer′s Accounting for Defined Benefit Pension and Other Post–retirement Plans
- Update of FASB project on accounting for not–for–profit organization mergers and acquisitions
Wiley Not–for–Profit GAAP 2007 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.
