Generally Accepted Accounting Principles (GAAP) are used as the basis for financial reporting. The original GAAP documents span thousands of pages, and so are difficult to research. The GAAP Guidebook solves this problem by condensing GAAP into a single volume. This book describes the key elements of each topic, how accounting information is disclosed, and where to look in the FASB Codification source documents for additional information. The text contains hundreds of practical examples that show how to apply GAAP to real-world situations, as well as sample journal entries and usage tips. In short, the GAAP Guidebook serves as a handy reference for accountants who need quick answers to difficult problems.
Steven Bragg is a former chief financial officer and controller, and author of 300+ business courses and 50 business books. To get away from the business world, he is also the trail running author of Run the Rockies, a PADI-certified Master Diver, an avid skier and mountain biker, and two-time president of the Colorado Mountain Club. He is also the author of the science fiction novels Under an Autumn Sun and Early Winter, the first two novels in The Auditors trilogy.