This guide provides a comprehensive overview of Generally Accepted Accounting Principles (GAAP) as they stood in 2009. Authored by Jan R. Williams, a recognized expert in accounting standards, the book aims to clarify complex accounting rules for practitioners and students. It details the specific pronouncements and interpretations that formed the GAAP framework at that time, offering a structured approach to understanding financial reporting requirements.

As a guide to GAAP from 2009, this publication serves as a historical reference for accounting professionals and academics. Its value lies in its detailed exposition of the standards in effect at that specific time, offering clarity on a complex regulatory landscape. The book is likely utilized by those needing to understand or audit financial statements prepared under the GAAP rules of that era, providing a structured and authoritative account of the principles then governing financial reporting.