CCH's Complete GAAP Library comprises both GAAP Guide Level A and GAAP Guide Levels B, C, and D. Together, these volumes analyze authoritative GAAP literature contained in Levels A through D of
the GAAP hierarchy, established by Statement on Auditing Standards No. 69, including FASB Statements and Interpretations; 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; FASB Staff Positions, and more. In clear 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
GAAP Guide Level A and GAAP Guide Levels B, C, and D include extensive codification references to pertinent paragraphs of the original pronouncements.Material can be located several ways: the
Cross-Reference shows the chapter in which a particular pronouncement is discussed; the Index provides a quick page reference; and the chapters' tables of contents list all topics covered and
the page on which they begin. The GAAP Guide Level A and the GAAP Guide Levels B, C, and D both meet accounting industry standards overseen by the peer review system, and each contains a
document covering the peer review of the book.
