Author Description

This GAAP Library includes Miller GAAP Guide Level A and Miller GAAP Guide Levels B, C, and D. Together, both volumes analyze authoritative GAAP literature contained in Levels A through D of the GAAP hierarchy, established by Statement on Auditing Standards No. 69, which include FASB Statements and Interpretations as well as APB Opinions and Accounting Research Bulletins; FASB Technical Bulletins; AICPA Statements of Position; AICPA Industry Audit and Accounting Guides; consensus positions of the EITF; AICPA AcSEC Practice Bulletins; FASB and SEC staff announcements; FASB Implementation Guides; the new FASB Staff Positions, and more. It is written in clear, comprehensible language. Each pronouncement is discussed in a comprehensive format that makes it easy to understand and apply. Practical illustrations and examples demonstrate and clarify specific accounting principles. Accounting pronouncements are organized alphabetically by topic, and pronouncements covering the same subject are incorporated into a single chapter, so that the authoritative information is easily accessible. The Practice Pointers throughout this edition explicate, in plain English, how to apply the standards just discussed. Observations enrich the discussion by presenting interesting aspects of GAAP, such as conflicts within the authoritative literature. To facilitate research, both the Miller GAAP Guide Level A and Miller GAAP Guide Levels B, C, and D include extensive codification references to pertinent paragraphs of the original pronouncements.