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The gold standard in US GAAP resources—completely revised to include the newest pronouncements
US GAAP is consistently reviewed and updated, which requires accountants and financial practitioners to keep one eye on revisions and changes. Wiley GAAP 2025 delivers comprehensive coverage of all Financial Accounting Standards Board (FASB) Topics—along with all the latest updates.
Each chapter provides a discussion of perspectives and issues, GAAP sources, practice-oriented examples, and concise definitions of concepts, rules, and terms. Every Topic is clearly explained in an easy-to-understand way and is accompanied by illustrations and graphics that help the reader apply the information.
This practice resource:
Reviews the latest changes to accounting principles
Provides authoritative guidance on complicated issues raised by specific pronouncements
Includes topic-specific chapters and cross-references for easy research
Illustrates how each standard might apply to common scenarios
Clarifies the implementation of each standard with practice examples
Non-compliance with GAAP is not an acceptable option for skilled financial professionals and accountants. Wiley GAAP 2025 remains your one-stop resource for staying up to date with constantly changing guidelines and delivers the guidance and insight you need.
BONUS: Downloadable, online Financial Statement Disclosure and Presentation Checklist, now with industry-specific disclosures! New this year access to a newsletter updating information throughout the year.
Author Biography
Joanne M. Flood, MBA, CPA, has worked with small business and large enterprise clients. She has experience in a Big 4 international firm and a small firm. Formerly a senior manager in the AICPA’s Professional Development Group, Joanne has produced training materials on accounting in a wide variety of media.
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