This new two-volume edition is the perfect bridge between the traditional GAAP hierarchy and the new FASB Codification that became effective July 1, 2009. Together, these two volumes cover the waterfront analyzing authoritative GAAP literature in clear language, with each pronouncement/topic discussed in a comprehensive format that makes it easy to understand and apply. Practical illustrations and examples demonstrate and clarify specific accounting principles. Peer reviewed. Features: Pre-/post-Codification dual reference system; Detailed cross-reference table and index; Analysis, practice pointers, illustrations and observations.

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