Wiley GAAP 2025

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This comprehensive resource provides an in-depth examination of US GAAP, reflecting the latest updates and revisions from the Financial Accounting Standards Board (FASB). Each chapter discusses relevant issues, offers practice-oriented examples, and includes clear definitions to enhance understanding. The 2025 edition covers new standards on credit losses, leases, and derivatives, while also introducing guidance on government assistance. With its reader-friendly format and dynamic graphics, this book serves as an essential tool for accounting professionals to navigate complex regulations effectively.