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2025 GAAP Guide - Essential Resource for Financial Professionals

The 2025 GAAP Guide is the gold standard in US GAAP resources, meticulously revised to incorporate the latest pronouncements. This comprehensive guide is a must-have for accountants and financial practitioners who need to stay current with the ever-evolving accounting standards. With its complete coverage of all Financial Accounting Standards Board (FASB) Topics, it ensures that you have all the necessary information at your fingertips.

Comprehensive Coverage and Authoritative Guidance

Wiley GAAP 2025 delivers in-depth discussions of perspectives and issues, GAAP sources, and practice-oriented examples. Each chapter offers concise definitions of concepts, rules, and terms, making it easy to understand even the most complex accounting standards. The guide provides authoritative guidance on complicated issues raised by specific pronouncements, ensuring that you are well-equipped to handle any challenges that arise.

Practice-Oriented Examples and Real-World Applications

This practice resource not only reviews the latest changes to accounting principles but also clarifies the implementation of each standard with practical examples. It includes topic-specific chapters and cross-references for easy research, making it an invaluable tool for both study and reference. The 2025 edition covers the latest developments in financial statement presentation and disclosures, reporting crypto assets, improved segment reporting, and new disclosures for joint venture formations and income taxes. With Wiley GAAP 2025, you can rest assured that you are up-to-date with the most current guidelines and have the guidance and insight you need to excel in your profession.