{"product_id":"wiley-gaap-2026","title":"Wiley GAAP 2026: Interpretation and Application of Generally Accepted Accounting Principles","description":"\u003ch3\u003e\u003cstrong\u003eJoanne M. Flood, CPA (Author)\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 9781394427284\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePublished:\u003c\/strong\u003e Jun 2026\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eFormat:\u003c\/strong\u003e Paperback\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eLanguage:\u003c\/strong\u003e English\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePublisher:\u003c\/strong\u003e John Wiley \u0026amp; Sons\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eDescription\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eWiley GAAP 2026 is the definitive practitioner's guide to interpreting and applying current U.S. Generally Accepted Accounting Principles, fully updated for the FASB standards now taking effect. Written by Joanne M. Flood, CPA, a former AICPA senior manager for accounting and auditing professional development, the guide works through all Financial Accounting Standards Board (ASC) topics with plain-English explanations, GAAP source citations, practice-oriented examples and illustrations designed for accountants preparing or reviewing financial statements under U.S. GAAP.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eKey Features\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eFull chapter-by-chapter coverage of all 64 ASC topic areas, from Topic 105 through the 900-series, each with GAAP perspective, source citation, illustrative examples and definitions\u003c\/li\u003e\n\u003cli\u003eUpdated for recent FASB changes including expense presentation and disaggregation (ASU 2024-03), business combinations, internal-use software, and credit losses (ASU 2025-08)\u003c\/li\u003e\n\u003cli\u003eIncludes a Definitions appendix and a Disclosure Checklist appendix built for financial statement preparation and close-season lookup\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cstrong\u003eCoverage\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e1,360 pages organized into 64 chapters spanning general principles, financial statement presentation, revenue, expenses, financial instruments, liabilities, equity, business combinations, and specialized industry topics, plus appendices covering definitions and disclosure checklists.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eAbout the Authors\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eJoanne M. Flood, CPA, MBA, has extensive experience with small business and large enterprise accounting clients, including Big Four and regional firm work. She previously served as a senior manager in the AICPA's Professional Development group, where she managed accounting and auditing course content. She holds an MBA in Accounting, summa cum laude, from Adelphi University.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eTable of Contents\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e64 chapters covering ASC Topics 105 through 900, organized by financial statement area (presentation, assets, liabilities, equity, revenue and expenses) and by transaction or industry topic (business combinations, financial instruments, leases, revenue recognition, and specialized industries), followed by a Definitions appendix and a Disclosure Checklist appendix.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eWhy buy this book?\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eWith the FASB's new expense-disaggregation disclosure requirement (ASU 2024-03) effective for annual periods beginning after 15 December 2026, and continued updates to credit-loss and business-combination guidance, accounting teams and their advisers need a single, current reference for what U.S. GAAP now requires — this is that reference, updated annually and organized for fast lookup during close and audit season.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eKeywords\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eUS GAAP, Wiley GAAP 2026, FASB, ASC codification, financial reporting, GAAP compliance, expense disaggregation, disclosure checklist, accounting standards, financial statement preparation\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eTarget Audience\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eAccountants and controllers preparing U.S. GAAP financial statements, auditors, CFOs and finance teams at multinational subsidiaries reporting to U.S. parents, accounting libraries\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eGenre\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eAccounting, Financial Reporting, U.S. GAAP, Auditing Reference\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eQ\u0026amp;A\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eQ: What does Wiley GAAP 2026 cover that earlier editions didn't?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eA: The 2026 edition is updated for the FASB's most recent standards, including new expense presentation and disaggregation requirements, and updated guidance on business combinations, internal-use software costs, and credit losses (ASC 326) reflecting FASB ASU 2025-08, issued in November 2025.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eQ: When does the FASB's new expense disaggregation disclosure requirement take effect?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eA: The disaggregation of income statement expenses requirement (ASU 2024-03) applies to all public business entities for annual reporting periods beginning after 15 December 2026, with interim periods following a year later; early adoption is permitted.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eQ: Is Wiley GAAP 2026 suitable for non-U.S. accounting teams?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eA: Yes — it is widely used by finance teams at multinational subsidiaries and foreign private issuers that must report under U.S. GAAP to a U.S. parent, exchange, or regulator, in addition to U.S.-based accountants and auditors.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eQ: How is the book organized?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eA: Across 1,360 pages and 64 chapters, it follows the FASB's Accounting Standards Codification (ASC) topic by topic, from ASC 105 through the 900-series, with a Definitions appendix and a Disclosure Checklist appendix for financial statement preparation.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eQ: Where can I buy Wiley GAAP 2026?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eA: Wiley GAAP 2026: Interpretation and Application of Generally Accepted Accounting Principles is available now from CLNZ Books, Bookseller for Professionals Worldwide, with pricing that includes worldwide shipping.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003e📘 Learn more about shipping, delivery times, and returns, see our \u003ca href=\"https:\/\/clnzbooks.com\/pages\/faq-frequently-asked-questions\" style=\"color: #8b0000; text-decoration: underline; font-weight: bold;\"\u003eFAQ here\u003c\/a\u003e\u003c\/strong\u003e\u003c\/h3\u003e\n\u003ch3\u003e\u003cstrong\u003e📦 New to ordering with us? See our \u003ca href=\"https:\/\/clnzbooks.com\/pages\/how-to-order\" style=\"color: #8b0000; text-decoration: underline; font-weight: bold;\"\u003eHow to Order\u003c\/a\u003e guide for payment, shipping, and institutional order options.\u003c\/strong\u003e\u003c\/h3\u003e","brand":"John Wiley \u0026 Sons","offers":[{"title":"Default Title","offer_id":44106295672906,"sku":"9781394427284","price":267.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0287\/7351\/5338\/files\/Gaap2026Wiley.jpg?v=1787656758","url":"https:\/\/clnzbooks.com\/products\/wiley-gaap-2026","provider":"CLNZ Books ","version":"1.0","type":"link"}