Interpretation and application of the new AICPA financial reporting framework for small- and medium-sized entities in preparing financial statements. Wiley Financial Reporting Framework for Small and Medium Sized Entities: Interpretation and Application provides a less complicated and less costly system of accounting for small to medium sized entities (SMEs), a cost-beneficial solution for owner-managers and others who need financial statements prepared in Financial Reporting, covering cash basis, modified cash basis, tax basis, regulatory basis, contractual basis and other bases of accounting. This important book provides a walk through of the standards, implementation guidance in the form of examples, illustrative financial statements, illustrative disclosures checklist, and similar tools and includes highlights of major differences with GAAP. It includes Wiley GAAP Guide, Wiley Financial Statements Disclosure Manual, and Wiley GAAP Disclosure Checklist. It is the first book to be published on financial reporting framework for small and medium-sized entities. It provides interpretation and application of the new AICPA financial reporting framework.
Wiley Financial Reporting Framework for Small and Medium Sized Entities: Interpretation and Application presents the set of new criteria used to determine measurement, recognition, presentation, and disclosure of all material items appearing in the financial statements for privately held SMEs.
- ISBN10 1118730437
- ISBN13 9781118730430
- Publish Date 3 April 2015 (first published 9 March 2015)
- Publish Status Cancelled
- Publish Country US
- Imprint John Wiley & Sons Inc
- Format Paperback
- Pages 512
- Language English