LibGuides: Accounting: Standards

What Are Standards?

Standards are conventions, rules, and procedures necessary to define acceptable accounting practice at a particular time.

Standards Issuing Bodies

AICPA
American Institute of Certified Public Accountants.
ASB
Auditing Standards Board, an arm of AICPA.
FASAB
Federal Accounting Standards Advisory Board.
GASB
Government Accounting Standards Board.
IAASB
International Auditing and Assurance Standards Board.
IASB
International Accounting Standards Board.
IFAC
International Federation of Accountants.
PCAOB
Public Company Accounting Oversight Board.

GAAP & GAAS

GAAP, or Generally Accepted Accounting Principles, are a set of guidelines for companies to aid in preparing financial statements according to a standard.

GAAS, or Generally Accepted Auditing Standards, are auditing standards for auditors to help ensure transparent and unbiased auditing.

Wiley GAAP 2016
Call Number: Ebook

ISBN: 9781119106067

Offers clear guidance on every pronouncement including FASB Technical Bulletins, AcSEC Practice Bulletins, FASB Implementation Guides, AICPA Statements of Position, and AICPA Accounting Interpretations. Provides insight into the application of complex financial reporting rules. Includes a comprehensive cross-reference of accounting topics to the FASB codification system
Wiley Practitioner's Guide to GAAS
Call Number: Ebook

ISBN: 9781118978979

Publication Date: 2015

Authoritative coverage of auditing standards, practices and procedures, with well organized and clear explanations and interpretations.
Wiley Not-for-Profit GAAP
Call Number: Ebook

ISBN: 9781118945247

Publication Date: 2014

For use by not-for-profit organisations and their auditors in preparing financial statements in accordance with generally accepted accounting principles (GAAP),
Wiley GAAP for Governments 2015
Call Number: Ebook

ISBN: 9781118979907

Publication Date: 2015

Governmental GAAP (Generally Accepted Accounting Principles) consists of all the promulgated accounting principles applicable to financial accounting and reporting for state and local governments. This book covers government GAAP for 2013.

Accounting

Who Sets Standards?

FASB Codification

What Are Standards?

Standards Issuing Bodies

GAAP & GAAS